King & Spalding Advises JERA on $4 billion Joint Venture with CF Industries and Mitsui for “Blue Point” Low-Carbon Ammonia Production Project in the United States

King & Spalding advised JERA in connection with its investment in a low-carbon ammonia production project to be constructed at the Blue Point Complex in Ascension Parish, Louisiana, USA, in partnership with CF Industries Holdings, Inc. and Mitsui & Co. Ltd.

The project would be the world’s largest low-carbon ammonia production facility with an annual nameplate capacity of approximately 1.4 million tons.

The facility will produce ammonia using natural gas as feedstock, with carbon capture (CCS) technology implemented to capture, transport, and store the carbon dioxide (CO2) generated during production. The total project cost is approximately $4 billion, of which JERA will invest 35%. JERA will offtake a portion of the produced ammonia with production scheduled to begin in 2029.

For more information, please visit the press release here.

King & Spalding lawyers leading this project included, in Houston, Mark Schlackman (Corporate / Energy), Terra Cothran (Construction) and Will Carroll (Corporate) and, in Abu Dhabi, Dan Feldman (Corporate / Energy), with support from Dr. Salome Cisnal de Ugarte (Competition), Ulf Grundmann (Competition), Raphael Fleischer (Competition), Eogan Hickey (Competition), Matt Hardwick (Corporate), Shelby Williams (Corporate), Jim Bowe (Energy Regulatory), Cynthia Stroman (Environmental), Jill McWhirter (Intellectual Property), Elizabeth Silbert (International Arbitration), Sara McBrearty (International Arbitration), Kim Cagle (Finance), David Runnels (Real Estate), John Taylor (Tax) and Sue Moon (Tax).