Fortescue Future Industries Executive Chairman Andrew Forrest and Kenya President William Ruto signed an investment support and implementation agreement for the development of a 300MW capacity generation green ammonia and fertilizer facility in the Naivasha vicinity of Olkaria geothermal field, the company said in a statement.
Agreement was also made that the project will supply green electricity to Kenya’s grid. It also outlines a commercial framework for the implementation of the project, including government support for the critical resources, infrastructure, and off-take.