GreenH2 Fertiliser — Company Overview
The company, the vision and mission, the project concept and the strategic positioning underpinning GreenH2.
Section 2 · Business Plan
Company Overview
The company, the vision and mission, the project concept and the strategic positioning underpinning GreenH2.
Vision
To become Southern Africa’s largest low-carbon fertiliser and
industrial-hydrogen producer by 2035 — anchoring food security, mining
productivity and the energy transition from a single integrated
complex.
Mission
To produce globally competitive nitrogen fertilisers, ammonia and
hydrogen using South African feedstock and renewable energy; to displace
imports and stabilise input costs for farmers and miners; and to deliver
measurable decarbonisation, skills development and just-transition
employment in the Mpumalanga coal belt.
Corporate snapshot
| Attribute | Detail |
|---|---|
| Legal entity | GreenH2 Fertiliser Holdings (Pty) Ltd — a special-purpose vehicle to be incorporated in the Republic of South Africa |
| Sector | Energy transition · Fertilisers · Industrial chemicals |
| Location | Kriel, Mpumalanga (close to coal feedstock, rail, water and Eskom grid infrastructure) |
| Core products | Blue ammonia, urea, ammonium nitrate, industrial hydrogen, carbon credits |
| Nameplate capacity | 900,000 t urea · 700,000 t merchant ammonia · 500,000 t ammonium nitrate per annum |
| Total project cost | ~R32bn hard cost; ~R37bn fully funded (incl. IDC, working capital and reserves) |
| This capital raise | R5.0bn seed & project-development round |
| Development status | Concept / pre-feasibility; this Plan supports the path to a bankable feasibility study and financial close |
Strategic rationale and location
Mpumalanga hosts the majority of South Africa’s coal-fired generation
and associated feedstock, an established heavy-industrial workforce, and
dense rail and road logistics. Siting the complex at Kriel positions
GreenH2 close to feedstock and existing chemical-sector skills while
supporting a credible just-transition narrative for a region whose
economy must diversify as coal-fired power is retired. Proximity to the
Gauteng industrial heartland and to rail corridors serving the ports of
Richards Bay and Durban underpins both domestic distribution and export
logistics for merchant ammonia and hydrogen.
Strategic objectives (2026–2035)
| Horizon | Objective | Target |
|---|---|---|
| Near term (Y1–Y3) | Reach financial close on a bankable, fully permitted Project | R32bn EPC funded; offtake ≥ 60% contracted |
| Build (Y3–Y5) | Construct and commission the integrated complex on time and budget | First output Year 4; 100% by Year 6 |
| Operate (Y5–Y8) | Ramp to nameplate; establish reliability and margin | EBITDA margin ≥ 37%; DSCR ≥ 1.3x |
| Scale (Y8–Y10+) | Debottleneck; expand export ammonia/hydrogen; deepen capture | Position for export-scale phase and strategic exit |
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of GreenH2 Fertiliser Holdings (Pty) Ltd.