8 Rivers Announces Cormorant Clean Energy Project, the First Commercial Deployment of 8RH2 Ultra-Low Carbon Hydrogen Technology
Vinson & Elkins advised 8 Rivers Capital, LLC, a world-leading decarbonization technology developer, in connection with the development of the Cormorant Clean Energy Project, an ultra-low-carbon ammonia production facility in Port Arthur, Texas.
The Cormorant project will be powered by 8 Rivers’ proprietary 8RH2 hydrogen process, representing the first commercial deployment of the technology. Cormorant will produce an estimated 880,000 tonnes of ammonia and capture more than 1.4MM tonnes of CO2 annually, with a >99% CO2 capture rate. The site is also expected to bring in over $1 billion in investment to the region and create more than 1,000 new construction jobs from 2024 to 2027.
The Vinson & Elkins team was led by partners Alan Alexander and Andrew Nealon, with assistance from partners John Michael, Courtney Hammond and Brandon Tuck, counsel Caroline Kuehn and associates Louise Fischel-Bock, Alex Lee, India Whelpton, Ellen Swarbrick, Vestita Zumot, Hunter Albritton and Ryan Bullard. Other key team members include counsel Scot Dixon, senior associate Joe O’Connell and associate Molly Ellisor; partner Matt Dobbins and associate Simon Willis; partners Stephanie Coco, Michael Joyce and Eamon Nolan; partners Suzanne Clevenger and Jeff Jakubiak, counsel Mike Malenfant and associate Reagan Lutter; senior partner Glen Rosenbaum, partners Sean Moran, Todd Way and Lauren Collins, counsel Mary Alexander and senior associates Curt Wimberly and Ben Livni; partner Michael Kurzer and counsel Rajesh Patel; counsels Elizabeth McIntyre and Brian Howard; and partner Benji Barron.
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