Copenhagen Infrastructure Partners (“CIP”), through its Energy Transition Fund, has formed a partnership with A.P. Møller Capital and TE H2, a joint venture between TotalEnergies and the EREN Group, and recently signed a preliminary contract with the Moroccan government for land reservation for the ‘Chbika’ project.
In the project located near the Atlantic coast in the Guelmim-Oued Noun region, the partners aim to build 1 GW of onshore solar and wind capacities that will power the production of green hydrogen through the electrolysis of desalinated seawater and its transformation into 200,000 tons per year of green ammonia for the European market. The Chbika project will constitute the first phase of a development programme aimed at creating a world-scale green hydrogen production hub.
TE H2 and CIP will be responsible for the development of renewable energy production (solar, wind, green hydrogen, and its derivatives), while A.P. Møller Capital will develop the port and associated infrastructure.
As lead counsel to CIP, Accura has assisted in drafting and negotiating all documentation relating to forming the consortium and assisted in finalising the preliminary contract with the Moroccan government for land reservation.
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