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First Ammonia | Port of Victoria green ammonia

USA
Greenfield

Overview

Status
-
Greenfield
Region
-
North America
Geography
-
USA
State
-
Texas
Equity Owner
-
First Ammonia
Proponent
-
First Ammonia
Output
-
Green ammonia
Type of electricty
-
Renewables
Capacity
-
100MW (phase 1) | up to 300MW
Financing
-
Technology
-
Haldor Topsøe SOEC
Technical Advisors
-
Topsoe (equipment supply)
Advisors
-
Morgan Stanley
Project Contact
-
Joel Moser, CEO
Lawyers
-
Verdonck Partners (renewable power solicitation)
Project Cost
-
Phase 1: $300m | Full project: $900m-1bn
Offtaker
-
Uniper
Commercial Operations Date
-
4Q26
Decommission Date
-
FID
-
June, 2024

Description

The Port of Victoria project entails an up to 300 MW facility under an offtake arrangement with Germany’s Uniper, with First Ammonia evaluating building a first phase of 100 MW or building all under one financing. Each 100 MW module will initially produce up to 100,000 MTPA of green ammonia. 

The 100 MW train of the project is estimated to cost approximately $300m, while the full 300 MW will cost between $900 – $1bn.

First Ammonia expects to take a final investment decision on the project by mid-2024.



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