Copenhagen Infrastructure Partners, through its Energy Transition Fund (CI ETF I), has acquired a majority stake in a blue ammonia project, which will be developed alongside Sustainable Fuels Group (SFG) on the US Gulf Coast.
The project has entered into an agreement with New Orleans-based International-Matex Tank Terminals (IMTT), a terminaling and logistics company, to provide ammonia storage and handling services. Financial terms were not disclosed.
Detailed front end engineering and design (FEED) has started and will initially consist of two phases, each with a production capacity of 4,000 tons per day (~3m tonnes of annual production from both phases) once operational in 2027.
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% (Well-To-Gate) compared to traditional ammonia production, thereby abating 5m tonnes of carbon dioxide (CO2) per year.
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