XTRA:UN0Renewable Energy
Why Uniper (XTRA:UN0) Is Up 6.8% After Striking A Major Green Ammonia Offtake Deal
Uniper recently announced a long‑term binding offtake agreement with AM Green Ammonia India to purchase up to 500,000 tons of RFNBO-certified renewable ammonia annually from projects in India, with first shipments targeted from a Kakinada plant as early as 2028.
This deal not only supports industrial decarbonization in Europe but also helps establish India as an emerging export hub for large-scale green ammonia supply.
We’ll now examine how this long-term green ammonia offtake agreement...