Wabash | Indiana Blue Ammonia Project
USA
Greenfield
Overview
Status
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Greenfield
Region
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North America
Geography
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USA
State
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Indiana
Equity Owner
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Wabash Valley Resources, Phibro, OGCI, Nikola Corporation invested $50m in cash and stock in exchange for a 20% equity interest in the project.
Proponent
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Wabash Valley Resources
Output
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Blue ammonia
Blue hydrogen
Carbon capture and storage (CCS)
Type of electricty
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Wind and solar
Capacity
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Ammonia: 500,000 mtpa | CO2 sequestration: 50 million tonnes
Financing
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DOE loan: $1.559 bn; Equity commitments: $600m
Technology
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Technical Advisors
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Baker Hughes
Advisors
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Jefferies: raising equity capital for WVR
Project Contact
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Federal Project Manager: William Aljoe william.aljoe@netl.doe.gov; Technology Manager: Mark McKoy mark.mckoy@netl.doe.gov; Principal Investigator: Christopher Korose korose@illinois.edu; Simon Greenshields, president at Phibro
Lawyers
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Project Cost
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$2.4 bn
Offtaker
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Nikola
Commercial Operations Date
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2025
Decommission Date
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FID
-
Description
A potential petcoke-to-blue ammonia project in Terre Haute, Vigo County, Indiana.
The Wabash Valley Resources facility is expected to produce 500,000 metric tons of anhydrous ammonia annually and it will repower and repurpose an existing gasification plant. It is a commercial-scale waste-to-ammonia production facility that uses CCS technology, with a commercial-scale geological storage complex for storage of 50 million tonnes or more of CO2.
It has a project cost of $2.4 billion.
In January 2024, WVR receives two Class VI permits from the U.S. EPA to construct CO2 injection wells in the state.
In July 2024, Baker Hughes signs a long-term agreement to supply advanced technology services and solutions to support WVR’s ammonia production with compression systems, injection well construction and perform testing and monitoring services for the geological sequestration of CO2.
In September 2024, the U.S. Department of Energy’s Loan Programs Office announces a conditional commitment for a loan guarantee of up to $1.559 billion to WVR. The same month, ReSource reports that WVR has engaged Jefferies to raise around $200m in equity capital. The project already has $600m in equity commitments.