GIC, Carlyle invest in green ammonia projects developer Eneus Energy
The investment allows Eneus to develop green ammonia projects, starting with the US and UK
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The investment allows Eneus to develop green ammonia projects, starting with the US and UK
London, New York, and Singapore - Global investment firm Carlyle (NASDAQ: CG) and GIC (“GIC”), and the green ammonia project development company Eneus Energy Limited (“Eneus”), announce Carlyle and GIC’s strategic investment in Eneus to support the development of a 14GW+ pipeline.
Scottish company Eneus Energy has gained planning consent for a proposed green hydrogen/ammonia plant in Orkney, Scotland, which would be the first commercial facility of its kind in the UK. The development, along with the proposed wind turbines extension at Hammars Hill, was approved by the Orkney Council Planning Committee at a meeting on 20 January, the company said. Eneus said the plant, near Evie, will harness the renewable electricity generated by the wind turbines to produce hydrogen from water, and then combine the gas with nitrogen from the air to form ammonia. The wind farm extensio...