AM Green wins an H2Global auction for green ammonia and secures a €585 million supply arrangement. The company is selected as the sole winner of the Asian portion of the auction, with the delivered ammonia intended for German buyers under the H2Global framework.
Production is set to take place at AM Green’s Kakinada project in Andhra Pradesh, India, specifically in Phase 2. According to the reports, the planned output involves converting an existing natural gas-based ammonia and urea production complex into a facility for producing green ammonia.
Outlets align on the deal value, the auction outcome, and the project location. Differences are mainly in emphasis: one source highlights the auction win and the German green ammonia context, while another focuses on the selection of AM Green as the sole winner for the Asian lot and the Kakinada production plan. Across coverage, the common point is that AM Green’s Kakinada Phase 2 is the production hub for the ammonia tied to the €585 million commitment.
