Synergy to provide financial advisory services for 300 MW Hydrogen facility in Oman

Synergy Consulting has announced that it will be providing Transactional and Financial Advisory Services for the world’s first Green Hydrogen / Green Ammonia project in Oman. The project is being developed by the 50/50 joint venture between ACME and Scatec ASA.

The first phase of the facility is expected to produce 100,000 tonnes (expandable to 1.2 million tonnes) of green ammonia annually with about 300 MW of electrolyzer capacity and powered by 500 MW of solar. The facility will be located in the Duqm Special Economic Zone of Oman. 

The Project is awarded the world’s First Green Hydrogen and Green Ammonia Certificate by TÜV Rheinland, Germany. The Project will play a pivotal role in the world’s effort to decarbonize the energy requirement