NewQ1 2026 Clean Energy Deal Intelligence Report is live
PPAAnnouncedJune 24, 2024

Baytown low-carbon hydrogen + ammonia complex — ~1 BCFD low-carbon hydrogen + 1 MMtpa ammonia

World's largest low-carbon hydrogen offtake/supply pact. Air Liquide invests ~$850M in 4 large modular ASUs producing 9,000 t/d O2 + 6,500 t/d N2 to support ExxonMobil Baytown blue hydrogen complex. Carbon capture from steam methane reforming. Critical 45V/45Q tax credit infrastructure.

$850M

Deal Value

Hydrogen & Fuel Cells

Technology

TX

Location

Deal Details

Deal Type
Power Purchase & Offtake
Seller / Sponsor
ExxonMobil
Deal Value
~$850M (Air Liquide capex)
Stage
Development
ISO/RTO
ERCOT

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