AVANGRID (a member of the Iberdrola Group) and Sempra Infrastructure have entered into heads of agreement (HOA) for the potential joint development of US green hydrogen and ammonia projects powered by renewable sources.
The HOA provides a framework for the companies to identify, appraise, and potentially develop large-scale green hydrogen projects to help meet US and international customers’ energy and decarbonization needs.
AVANGRID’s deep background in renewable development as the third largest renewables operator in the US complements Sempra Infrastructure’s complex project development and commercial expertise across clean power, energy networks and LNG and net-zero solutions.
Sempra Infrastructure is currently developing multiple world-class energy transition projects in North America, including LNG export projects to serve customers in both the Atlantic and Pacific Basins, as well as new opportunities in renewable energy, carbon capture and sequestration, as well as other pathways to produce clean hydrogen and ammonia leveraging the resources available in different regions.
Pedro Azagra, CEO of AVANGRID, said, “AVANGRID is very proud to innovate and develop green hydrogen and ammonia projects in collaboration with Sempra Infrastructure, which are crucial to decarbonize the industry and will help the country reach its ambitious clean energy goals.”
Justin Bird, CEO of Sempra Infrastructure, said, “Significant infrastructure will be needed for hydrogen’s potential to become a reality, and Sempra Infrastructure’s combined platform is well-positioned to support the deployment of these new energy solutions.”