Copenhagen Infrastructure Partners Secures Funding for Murchison Green Hydrogen Project in Australia
Key Ideas
- Copenhagen Infrastructure Partners (CIP) has successfully secured AUD 814 million from the Australian Government's Hydrogen Headstart program for the Murchison Green Hydrogen project in Western Australia.
- The Murchison Green Hydrogen 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, playing a significant role in advancing Australia's green hydrogen economy.
- CIP's commitment to job creation, skills development, and community benefits, including support for First Nations, reflects their dedication to contributing to Australia's green hydrogen ambitions.
- With a substantial investment in Australia's renewable energy sector and a development pipeline exceeding 30GW, CIP continues to lead in advancing renewable solutions globally while ensuring strong returns for investors.
Copenhagen Infrastructure Partners (CIP) has successfully secured AUD 814 million from the Australian Government's Hydrogen Headstart program for its Murchison Green Hydrogen project in Western Australia. This project, located 20km north of Kalbarri in the Mid West region, is poised to become one of the world's largest green hydrogen and ammonia initiatives. With a focus on producing 1.8 million tonnes of green ammonia annually for export to Asian markets, the project is powered by 6GW of onshore wind and solar generation, marking a significant advancement in Australia's green hydrogen economy.
Karsten Uhd Plauborg, Partner at CIP, expressed gratitude for the funding, highlighting the shared vision with the Australian Government to establish a leading green hydrogen industry in Australia. The project's CEO, Shohan Seneviratne, emphasized their commitment to creating local jobs, supporting skills development, and sharing project benefits with local communities, including First Nations.
CIP, known for its significant investments in Australia's renewable energy sector, remains dedicated to advancing renewable solutions globally. With a robust development pipeline exceeding 30GW, CIP continues to deliver strong risk-adjusted returns for investors while contributing to sustainability and economic growth. The Murchison Green Hydrogen project stands as a testament to CIP's commitment to green energy and community development in Australia.
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Renewable Energy
Sustainability
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Offshore Wind
Green Economy
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