Deals Counterparts

Jordan Green Ammonia and Hynfra Group form joint venture to develop $1 billion green ammonia and hydrogen project in Aqaba

Partnership Hydrogen announced Aqaba, Jordan May 4, 2026
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USD1B
Deal Value
550 MW
Capacity
development
Stage
green ammonia and hydrogen production project
Project

The Council of Ministers of Jordan approved a $1 billion green ammonia and hydrogen production project in Aqaba, developed by Jordan Green Ammonia (JGA), a joint venture between Hynfra Group and Fidelity Group. The project aims to produce 100,000 tonnes of green ammonia annually, marking Jordan's first-ever green ammonia and hydrogen initiative. This development positions Aqaba as a green industry hub and fosters clean energy investment in the region. The joint venture combines Hynfra Group's expertise in green hydrogen technologies with Fidelity Group's investment capabilities to execute the project. The initiative aligns with Jordan's broader energy transition goals and seeks to leverage the country's renewable energy potential.

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Counterparts (3)

Partner
Hynfra Group
company · 1 deals
Warsaw-based green hydrogen and ammonia project developer with operations across Europe, the Middle East, and Africa, specializing in end-to-end project development from feasibility studies to EPCM services.
Fidelity Group
company · 1 deals
Maryland-based building services provider specializing in HVAC/mechanical systems, building automation, emergency power, and energy solutions for commercial, industrial, and mission-critical facilities across the U.S.
Developer
M
MT Højgaard Greenland
company · 1 deals

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Source Intelligence

KEY DETAILS

The facility is designed to operate independently of the national electricity grid, relying on its own renewable generation and storage infrastructure. The project will include approximately 550 MW of solar power generation capacity along with a 500 MWh energy storage system. This output is intended to strengthen Jordan’s position as an exporter of low-carbon industrial products to international markets. This marks the first publicly announced project of its kind in Jordan to receive formal approval from the Council of Ministers.

Deal Size
The Council of Ministers of Jordan approved a $1 billion green ammonia and hydrogen production project in Aqaba
Capacity
The project will include approximately 550 MW of solar power generation capacity
Location
Jordan Green Ammonia and Hynfra Group form joint venture to develop $1 billion green ammonia and hydrogen project in Aqaba
Financials
The total estimated investment cost of the project is around USD 1 billion.
Announcement
Monday, May 4, 2026
COD
Commercial operations are expected to begin in November 2030.
Expected Close
Financial closure is targeted for September 2027
PARTIES MENTIONED IN SOURCE
J
Jordan Green Ammonia (JGA) developer

"Jordan Green Ammonia (JGA), a joint venture between Hynfra Group and Fidelity Group."

H
Hynfra Group developer

"Jordan Green Ammonia (JGA), a joint venture between Hynfra Group and Fidelity Group."

F
Fidelity Group developer

"Jordan Green Ammonia (JGA), a joint venture between Hynfra Group and Fidelity Group."

M
Ministry of Energy and Mineral Resources counterparty

"an agreement between the Ministry of Energy and Mineral Resources and Jordan Green Ammonia (JGA)"

T
Topsoe technology provider

"The project also involves collaboration with international technology providers such as Denmark-based Topsoe"

high quality Enriched May 4, 2026

Timeline

Announced
May 4, 2026
Signed
Closed

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