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CHW Awards McDermott FEED Contract for ACE Project

Nov 23, 2024•over 1 year ago

Contract Type

contract

Grand PrairieEnergy

Description

Clean Hydrogen Works (CHW) has awarded McDermott the Front-End Engineering and Design (FEED) contract for the Ascension Clean Energy (ACE) Project. The project, located in Ascension Parish, Louisiana, will initially produce 2.4 million metric tons per annum (MTPA) of clean ammonia with plans for expansion in subsequent phases to reach 7.2 MTPA. The project is expected to reach Final Investment Decision (FID) by late 2025, with production scheduled to begin in 2029.

Company Information

Company

Clean Hydrogen Works LA-1 L.L.C

Location

1000 POST & PADDOCK LANE

Grand Prairie, Texas, United States

About

Clean Hydrogen Works (CHW) is developing an integrated clean hydrogen value chain to fulfil the world’s urgent need for clean, affordable and scalable energy solutions to transition to Net Zero in collaboration with strategic partners along the value chain.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.