Iberdrola, Sempra Infrastructure to develop US hydrogen and green ammonia projects

Iberdrola and Sempra Infrastructure have signed an agreement for the combined development of renewable energy-powered hydrogen and green ammonia projects in the USA.

The signed deal establishes a framework for the companies to find, assess, and potentially build large-scale green hydrogen projects to help meet the energy and decarbonization needs of US and foreign consumers.

The agreement is non-binding, and the development of these projects is subject to a number of risks, such as concluding definitive agreements, getting all relevant approvals, and making a final investment decision for each project.