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Trammo, AustriaEnergy and Oekowind Sign MoU for Exclusive Green Ammonia & Green Hydrogen Offtake

Austria, Vienna / Paris, France

May 6, 2021

Trammo DMCC, a subsidiary of Trammo, Inc., a leading global commodities merchandising and trading company, and ASOE Chile Diez SpA, a company owned by AustriaEnergy Group which manages renewable projects from development through construction and operation, signed a Memorandum of Understanding for an exclusive green ammonia offtake of the entire output of a green hydrogen/green ammonia plant to be developed in Chile with an estimated annual output of 1 million metric tons of green ammonia.

This project in Chile would be one of the first ones commercializing green ammonia based on a 2GW wind park. AustriaEnergy has partnered with Oekowind, a company which develops and operates wind, hydro, and solar power plants, for this project in Chile. They have already accomplished the first important milestones in this project development and plan to start operating and producing green ammonia in Chile within the next five years.

Trammo, the world’s leading independent marketer and transporter of ammonia with more than 55 years of ammonia marketing and logistics experience, would offtake and market the green ammonia and transport it to customers around the world using its fleet of specialized refrigerated vessels.

Christophe Savi, Head of Trammo’s Ammonia Division, said: “Trammo is excited to participate together with its partners AustriaEnergy and Oekowind in the development of this major green ammonia production project which is aimed to become one of the most important supply sources in the entire southern hemisphere and an important milestone in the global decarbonization of ammonia production”.

Helmut Kantner, Managing Director of AustriaEnergy, said: “We are proud to achieve this substantial milestone for our HNH energy project, the first crucial step of our cooperation with Trammo, and look forward to jointly developing this major global project.”

Julian Weiss, Managing Director of Oekowind, said: “Our cooperation with Trammo brings us one very important step closer to the realisation of this outstanding project.”

About Trammo

Trammo is a leading international merchandising and trading company that markets, trades, transports and distributes key raw materials used in industrial processes and fertilizer production globally. The Company is a market leader in anhydrous ammonia, sulfur, sulfuric acid, and petroleum coke. In addition, Trammo is a producer and marketer of nitric acid in the United States. The history of Trammo spans more than 55 years.

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About AustriaEnergy

AustriaEnergy, an independent international developer in renewable energies since 2013 with a subsidiary in Santiago, Chile, materialized since then close to 1 GW in utility scale projects, both wind and solar-photovoltaic. The move towards this green hydrogen project late 2019 initiated the next step of broadening scope of activities for the Vienna, Austria based group.

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About Oekowind

We pursue our vision of a 100% renewable and sustainable world every day. As one of the pioneers in wind energy we develop, construct and operate our renewable energy plants for over 25 years.

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