Copenhagen Infrastructure Partners (CIP) through its CI Energy Transition Fund I (ETF I) has secured AUD 814 million for the Murchison green hydrogen project in Western Australia. This financing has been secured through the Australian Government’s Hydrogen Headstart program. This green hydrogen project will produce approximately 1.8 million tonnes of green ammonia annually.
Furthermore, the green hydrogen produced from the Murchison project will be exported to the Asian markets. It is located 20 km north of Kalbarri in the mid-west region and is powered by 6 GW of onshore wind and solar generation.
Earlier in May 2024, CIP secured grants from the European Commission in its first European Hydrogen Bank auction for two hydrogen projects. These projects were Catalina and Madoqua. Catalina was awarded €230 million while Madoqua was awarded €245 million. Together, they represent a combined electrolyser capacity of 1,000 MW.
