London, New York, and Singapore - Global investment firm Carlyle (NASDAQ: CG) and GIC (“GIC”), and the green ammonia project development company Eneus Energy Limited (“Eneus”), announce Carlyle and GIC’s strategic investment in Eneus to support the development of a 14GW+ pipeline.
Eneus is amongst a small cohort of first movers for industrial scale production plants in a global market for green ammonia and/or green hydrogen that is forecast to grow strongly to 2050, as the world’s leading nations execute their “net zero” carbon strategies. Green ammonia is a zero-carbon fuel in its own right, as well as an important, cost-effective storage and transport energy vector for green hydrogen.