Page 55 - Phelan Energy Green Ammonia Plant Egypt

Strategic Advantage for The Project
o High market demand for environment-friendly green ammonia, propelled by government support globally, to fulfill emission targets envisaged under the Paris agreement
o Ammonia technology’s maturity, increased energy efficiency and existing global infrastructure, to aid and accelerate adoption of green ammonia
Attractiveness of Green Ammonia Market
o Egypt presents ideal conditions for establishing a utility scale green ammonia project with easy access to Europe, Asia and Africa, and extensive government support
o Very high solar irradiance is instrumental in achieving competitive pricing
Strategic Location of Egypt
o PEG is a leading international renewable energy developer with extensive experience in emerging markets. It has presence in 6 countries and developing in 10 markets
o Strong track record of capturing value throughout all the project phases
Strong Sponsor Credentials
o Components of the green ammonia production process, including renewables generators and ammonia synthesizers, are well established and proven technologies
o Project’s technology partners and equipment suppliers are global leaders in development of respective technologies and equipment
Proven Technology and Reliable Partners
o Project to benefit from a contractual structure that adheres to industry best practices, with appropriate risk allocation and risk mitigation measures
o The offtake for the plant output is proposed to be with a reputed global Ammonia end user or trader
Bankable Contractual and Offtake Structure
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