Partners invests in blue
Copenhagen Infrastructure Partners invests in blue ammonia project
Copenhagen Infrastructure Partners (“CIP”) has acquired a majority stake in a blue ammonia project located along the Gulf Coast through its Energy Transition Fund (CI ETF I). The project will be developed alongside US-based Sustainable Fuels Group.
The project has commenced detailed engineering and will initially consist of two phases. Once operational in 2027, each phase will have a production capacity of 4,000 tons per day and around 3 million tons of annual production from both phases.
Blue ammonia is a low-carbon approach to ammonia production which combines traditional ammonia synthesis using natural gas with subsequent carbon capture and storage process. The project will use Topsoe’s SynCOR technology to produce blue ammonia with the lowest carbon intensity and is expected to reduce CO2e emissions by 90% compared to traditional ammonia production.
Accura acted as commercial and legal advisor to CIP in connection with the transaction, including in relation to negotiating and preparing the key transaction documents.
Accura’s global-leading Renewable Energy Team consists of more than 60 persons, exclusively providing advice on renewable energy.