Page 52 - Phelan Energy Green Ammonia Plant Egypt

Potential Contractual Structure
Potential Contractual Structure
o PEG plans to form an SPV that will own the green ammonia project assets, which will include the electrolyzer, air separation unit, ammonia synthesizer, storage tanks, transmission and transport infrastructure, plant buildings and balance of plant infrastructure.
o The SPV will be funded by debt and equity. Sponsors would target raising debt on non-recourse basis for the project.
o The project shall have EPC and O&M contractors. The EPC and O&M contracts would have a water-tight bankable structure.
o The produce from the green ammonia plant will cater to the global demand. The SPV would enter into long term, fixed-price contracts with international off-takers for selling
the plant output.
PEG- Lead Sponsor
Financing Agreement
Land & Utilities
Other Shareholders
Shareholders Agreement
SPV
Green Ammonia Plant
Offtake Agreement
EPC Contract
O&M
Lenders
Government
O&M Contract
EPC
© Phelan Energy Group
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Offtaker