CIP Secures Funding for Murchison Green Hydrogen Project in Australia
Key Ideas
  • Copenhagen Infrastructure Partners (CIP) has secured AUD 814 million through the Australian Government’s Hydrogen Headstart program for the Murchison Green Hydrogen project in Western Australia.
  • The project, powered by 6GW of onshore wind and solar generation, aims to produce 1.8 million tonnes of green ammonia annually for export to Asian markets, contributing significantly to Australia's green hydrogen economy.
  • Murchison Green Hydrogen project focuses on job creation, skills development, and benefit-sharing with local communities, including First Nations, demonstrating a commitment to sustainable practices and community engagement.
  • CIP's expertise in renewable energy investments, including offshore wind projects in Australia, showcases a dedication to advancing renewable solutions globally while ensuring strong returns for investors.
Copenhagen Infrastructure Partners (CIP) has successfully secured AUD 814 million funding through the Australian Government’s Hydrogen Headstart program for the Murchison Green Hydrogen project in Western Australia. This project, located 20km north of Kalbarri in the Mid West region, is positioned as one of the world’s most advanced commercial-scale green hydrogen and ammonia initiatives. With a focus on producing approximately 1.8 million tonnes of green ammonia annually for export to Asian markets, the Murchison Green Hydrogen project is a significant step towards advancing Australia's green hydrogen economy. Powered by 6GW of onshore wind and solar generation, the project is set to play a crucial role in achieving energy independence and decarbonization goals. Karsten Uhd Plauborg, a Partner at CIP, expressed gratitude for the funding, emphasizing the vision shared with the Australian Government to establish a leading green hydrogen industry in Australia. The project not only highlights the potential of green hydrogen but also underscores the importance of collaborations between governments, industries, and local communities for sustainable development. Shohan Seneviratne, CEO of Murchison Green Hydrogen, reiterated the commitment to supporting Australia's green hydrogen ambitions by creating local jobs, fostering skills development, and sharing project benefits with communities, including the First Nations. The project's emphasis on community engagement and sustainable practices aligns with the broader objective of driving a green economy. CIP's involvement in renewable energy investments, such as being a major investor in Star of the South offshore wind project, reflects a strong dedication to advancing renewable solutions globally while ensuring favorable returns for investors. With a significant development pipeline in Australia and a track record of successful renewable energy projects, CIP remains committed to furthering sustainable initiatives and contributing to the growth of the green economy.
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