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AustriaEnergy and Oekowind have announced that they have agreed to form a joint venture with Copenhagen Infrastructure Partners (CIP) to develop its 1.7 GW HNH Project located in southern Chile’s Magallanes region.
 
The HNH Project is a large-scale, export oriented green hydrogen and green ammonia project with an expected investment size of over USD 3 billion. Once operational, the HNH Project will consist of a 1.7GW onshore wind farm, electrolysers, ammonia plant and port facility, and is expected to produce 1,000,000 metric tons of green ammonia per year. The AustriaEnergy Group, founded in 2006 and based in Vienna, Austria, develops photovoltaic and wind power projects in Chile, among other countries. Oekowind was founded in 2003 and since then active in the Austrian wind and hydropower energy industry.
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