ATOME PLC (LSE:ATOM) has confirmed that financing discussions for its flagship US$630 million low-carbon fertiliser plant in Villeta, Paraguay, are nearing completion. Project finance documentation for lenders is largely finalised, with remaining work centred on completing equity consortium agreements and final logistics arrangements.
The company now expects to reach a final investment decision by late February 2026 on the 260,000-tonne-per-year facility. The project is positioned as a first-of-its-kind, large-scale green fertiliser development, supported by a long-term renewable power supply agreement, a 10-year offtake contract with Yara International, and Hy24 as the anchor equity investor. Securing FID would represent a significant milestone in scaling green fertiliser production across the Mercosur region and further strengthen ATOME’s role in decarbonising agricultural inputs.
From an outlook perspective, ATOME remains constrained by its pre-revenue status, ongoing losses and negative free cash flow, which continue to underpin funding risk. These challenges are partly offset by relatively supportive technical indicators, with the share price trading above key moving averages and a positive MACD signal. Valuation remains difficult to assess given negative earnings and the absence of a stated dividend.
More about ATOME PLC
ATOME PLC is an AIM-listed developer of low-carbon green fertiliser and renewable power projects. The company has 445MW of projects in Paraguay and a growing development pipeline across Central America. Through its fertiliser and ATOME Power divisions, ATOME targets industrial-scale production of green calcium ammonium nitrate using 100% renewable energy, aiming to replace fossil fuel-based fertiliser imports in the Mercosur food-export region while supporting food security and decarbonisation across Latin America.
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