EnBW signs an investment agreement with SkiGA

EnBW Energie Baden-Württemberg AG (EnBW) has entered into an Investment Agreement with Skipavika Green Ammonia (SkiGA) in Western Norway.

The Investment Agreement underscores EnBW’s strong commitment, allowing exclusive long-term offtake rights to green ammonia and reflecting this through a 10% equity stake in the project. This commitment by EnBW will play a crucial role in expediting the project’s path to a financial investment decision.

Skipavika Green Ammonia facility will be in Gulen municipality, near the Mongstad refinery on the west coast of Norway. Once completed in 2026, it will be Europe’s inaugural emissions-free ammonia production site. The project has secured grid connection and is in advanced talks for Power Purchase Agreements.

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