Last checked at 2 Feb 2022 07:00
2 February 2022
ATOME ENERGY PLC
("ATOME" or the "Company")
RNS Reach
Publication of Research
ATOME Energy (AIM: ATOM), the international company focused on green hydrogen and ammonia production, sales and marketing with current projects in Iceland and Paraguay, is delighted to announce that SP Angel have initiated research on the Company this morning.
Atome Energy PLC is positioned to capitalise on the transformational growth potential of the global green hydrogen and ammonia market. The Company has secured enviable positions in Iceland and Paraguay, in close proximity to local infrastructure and pent-up demand. ATOME has already commenced operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners, including the entry into MoUs with a number of key partners.
The research is available on ATOME's website at www.atomeplc.com.
For further information regarding ATOME, all existing and potential shareholders are invited to visit the Company's official Twitter (@atomehydrogen) and LinkedIn profiles.
For more information, please visit https://www.atomeplc.com or contact:
ATOME ENERGY PLC | +44 (0) 20 7016 7950 |
Nikita Levine, Investor Relations | nikita.levine@atomeplc.com |
Beaumont Cornish (Nominated Adviser) | +44 (0) 20 7628 3396 |
Roland Cornish, Michael Cornish | |
finnCap (Joint Broker) | +44 (0) 20 7220 0500 |
Christopher Raggett, Tim Harper | |
SP Angel (Joint Broker) | +44 (0) 20 3470 0470 |
Richard Hail, Caroline Rowe | |
Tavistock (Financial PR and IR) | +44 (0) 20 7920 3150 |
Simon Hudson, Rebecca Hislaire, Charles Baister | atome@tavistock.co.uk |
Notes to Editors
ATOME Energy Plc is an AIM listed company targeting green hydrogen and ammonia production with up to 350-megawatt projects in Paraguay and Iceland, through its subsidiaries ATOME Paraguay, which is wholly owned, and Green Fuel ehf, in which ATOME Energy holds a 75 per cent interest, respectively.
ATOME has commenced operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners, including signed memoranda of understanding and cooperation agreements in place with key parties including national power companies, to use electricity generated from existing geothermal sources in Iceland and hydroelectric power in Paraguay. Both sites are located close to the power and water sources and export facilities to serve significant domestic and then international demand.
The Company has a green-focused Board which is supported by major shareholders including Peter Levine, Trafigura, one of the world's leading commodity and logistics company, and Schroders, a leading fund manager.