Copenhagen Infrastructure Partners (CIP) has joined AustriaEnergy and Ökowind as official partner in the HNH green ammonia project in Chile’s Magallanes region. The 1 million tonne per year export project will be powered by a 1.7 GW onshore wind farm, with desalination to provide water for electrolysis. In May 2021 Trammo agreed to off-take the entire volume of green hydrogen & ammonia product from HNH.
The involvement of CIP will accelerate project development and bring its valuable expertise in financing industrial scale renewable projects.Helmut Kantner, Managing Director of AustriaEnergy in CIP’s official press release, 13 Jan 2022
We believe that Chile has the potential to be a key global player in the production and export of green hydrogen and green ammonia, with the Magallanes region representing an excellent onshore wind resource. Through the HNH Project and the partnership with AustriaEnergy and Oekowind, we look forward to producing green ammonia in Chile to support the global energy transition.Søren Toftgaard, Partner at CIP in CIP’s official press release, 13 Jan 2022
CIP & ammonia
CIP first appeared on the ammonia scene in February 2021, announcing they would lead development of a world-scale wind-to-ammonia plant in Denmark, which will feature 1 GW of installed electrolyser capacity. CIP currently manages EUR16 billion from around 100 institutional investors, and its current “Energy Transition Fund” program is focused on developing Power-to-X projects like HNH in Chile.