The synthesis, characterization of trans-[Cr(N2)2(depe)2] (1) is described. 1 and trans-[Cr(N2)2(dmpe)2] (2) catalyze the reduction of N2 to N2H4 and NH3 in THF using SmI2 and H2O or ethylene glycol as proton sources. 2 produces the highest total fixed N for a molecular Cr catalyst to date.