Gulf Coast Ammonia LLC said Jan. 8 that it has closed on nonrecourse project financing for its world-scale anhydrous ammonia plant in Texas on Dec. 30, 2019. Construction capital will be provided by a joint venture of Starwood Energy Group Global LLC and Mabanaft GmbH & Co. KG. The facility will have a production capacity of approximately 1.3 million mt/y.
GCA said construction will begin in early 2020 with commissioning expected in the first half of 2023.