ATOME PLC (LSE:ATOM) has secured in-principle approval from the European Investment Bank for a senior debt facility of US$135 million to fund its Villeta Project in Paraguay. This financing milestone strengthens the project’s financial foundation and aligns closely with ATOME’s commitment to sustainability and climate goals. The Villeta initiative, backed by a renewable energy power purchase agreement, aims to produce green fertiliser, enhancing regional food security while reducing reliance on imported fossil fuel-based fertilisers.
The company is advancing the equity financing portion of the project, with plans to complete it by the end of September.
About ATOME PLC
ATOME PLC is an AIM-listed green fertiliser producer operating projects across Paraguay and Central America. The company focuses on replacing fossil fuel-derived fertilisers with renewable alternatives. Strategically positioned within the Mercosur region—a key global food export area—ATOME’s projects benefit from strong partnerships, including a fixed-price engineering, procurement, and construction contract with Casale S.A., as well as renewable power agreements.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Leave a Reply