Fertiglobe has been announced as the winning bidder to supply renewable ammonia to the EU following a pilot auction by H2Global, funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). The strategic partnership between ADNOC and OCI Global is set to provide renewable ammonia starting from 19,500 tons in 2027, with potential scaling to 397,000 tons by 2033. The delivered contract price is €1,000 per ton. This initiative supports Europe's energy security and emissions reduction goals, with the mitigated CO2 emissions equivalent to 62,000 cars annually. Fertiglobe's bid aligns with the UAE-Germany Energy Security and Industry Accelerator, contributing to efforts to diversify energy sources and enhance energy security. The company's commitment to sustainable ammonia production and the development of a more sustainable future is evident from its participation in the H2Global pilot auction. The auction attracted interest from 65 countries, with Fertiglobe emerging as the successful bidder among 22 companies/consortia. The renewable ammonia supply will comply with EU regulations for renewable hydrogen, meeting environmental and sustainability requirements. Fertiglobe's bid supports the growth of global low-carbon ammonia value chains and aligns with ADNOC's goal to capture 5% of the global low-carbon hydrogen market by 2030. The H2Global mechanism, driven by Hintco, aims to bridge the gap between global hydrogen trading prices and regional economic viability. Fertiglobe's success in the auction signifies the market potential of renewable hydrogen and its derivatives, paving the way for financial and procurement innovations in the energy transition sector.