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Danish fund manager CIP gets A$841m from Australia for green hydrogen project

20th March 2025

By: Reuters

  

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Danish clean energy fund manager Copenhagen Infrastructure Partners (CIP) said on Thursday it had received A$814-million from the Australian government for its Murchison Green Hydrogen project.

The project, which is located 20 km north of Kalbarri in Western Australia, is expected to produce approximately 1.8 million metric tons of green ammonia annually, which will primarily be exported to Asian markets.

"We see significant potential in green hydrogen and projects such as Murchison Green Hydrogen are key for countries and industries to take the next step within decarbonisation and achieving energy independence," said Karsten Uhd Plauborg, partner at CIP.

Murchison Green Hydrogen is working on an alternative energy source to fight climate change as it seeks to unlock the use of green hydrogen as a clean energy source for global decarbonisation, according to the project's website.

Edited by Reuters

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