MNP Joining ProjectN

Farmers of North America Fertilizer Limited Partnership has announced M-N-P has been designated to study and assist in the design of the sales and distribution structure for the ProjectN nitrogen fertilizer plant. The firm will also assist in the development of the supply agreements that will be provided to farmer-owners of the plant.

ProjectN’s goal is to construct a $1 billion nitrogen fertilizer production facility in Western Canada.

BMO Capital Markets has been appointed as the capital development and business advisor, while Stantec has been appointed as the lead for financial modelling, engineering, and creation of the Bankable Feasibility Study.

ProjectN is currently offering a Series 2 Seed Capital program that will provide an additional opportunity for farmers not yet part of the FNA membership to participate in the project, and allow ProjectN to maximize plant capacity and create greater potential for returns to farmers.