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Villeta Project Update

20 Apr 2026 07:00

RNS Number : 0409B
ATOME PLC
20 April 2026
 

 

For immediate release

20 April 2026

 

 

ATOME PLC

("ATOME" or the "Company")

 

Villeta Project Update

 

ATOME (AIM: ATOM), the world-leading low-carbon fertiliser developer and the UK's only dedicated international industrial scale low-carbon fertiliser company, provides a further update on the funding of its US$650 million landmark, 260,000 tonnes-per-year, low-carbon fertiliser plant at Villeta, Paraguay ("Villeta" or "the Project").

 

 

Villeta Project Funding

 

Further to the announcement of 10 April 2026, the longstop date has now been extended to Wednesday 22 April 2026 to enable the finalisation of the equity documentation and the financial arrangements relating to the Company.

 

A further announcement will be made shortly.

 

 

For further information on ATOME, please visit the Company's Curation Connect showcase at: https://app.curationconnect.com/company/Atome-71605

 

For more information, please visit https://www.atomeplc.com or contact:

 

ATOME PLC Nikita Levine, Investor Relations

 

+44 (0) 113 337 2210info@atomeplc.com

Beaumont Cornish (Nominated Adviser) Roland Cornish, Michael Cornish

 

+44 (0) 20 7628 3396

Stifel (Joint Broker)

Jason Grossman, Ashton Clanfield

+44 (0) 20 7710 7600

SP Angel (Joint Broker) Richard Hail, Jen Clarke

+44 (0) 20 3490 0470

FTI Consulting (Communications Adviser)

Ben Brewerton

+44 (0) 20 3727 1000 atome@fticonsulting.com

MAR

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon publication of this announcement, this inside information is now considered to be in the public domain. The person who arranged for the release of this announcement on behalf of the Company was Peter Levine, Chairman.

 

About ATOME

 

ATOME PLC is an AIM-listed company targeting green fertiliser production with 445-megawatt of projects in Paraguay and a further pipeline of potential projects in Central America. ATOME has now created its ATOME POWER division which is in the early stages of developing a significant green power generation and infrastructure business. ATOME's projects are situated at the heart of one of the world's largest food export hubs - the Mercosur region in the Southern Cone of South America with the Argentinian and Brazilian markets next door. ATOME's production will disrupt the region's heavy dependence on imported fossil fuel generated fertilizer, contributing to regional food security goals.

 

ATOME's first project in Villeta, Paraguay, benefits from a 145MW renewable power purchase agreement and a 30-hectare site in a tax-free zone, with an option already secured to purchase an additional 13 hectares of adjacent land. Front End Engineering Design studies have been completed and a 10-year Definitive Offtake Agreement signed with Yara International, the leading international fertiliser company, for offtake of all of Villeta's green fertiliser production. In early 2025, ATOME announced Hy24, the leading clean hydrogen asset manager, as anchor and lead equity investor in the project, and confirmed the signing of the US$465 million fixed-price EPC contract with leading ammonia and fertilizer engineering specialist Casale S.A. The Company is now negotiating the project finance with a view to commencing work in 2026. There is a further up to 300MW of renewable power reserved for ATOME in Paraguay.

 

In Costa Rica, The National Ammonia Corporation S.A. was formed in 2022 with local partner Cavendish S.A. based in Costa Rica to develop green fertiliser projects for the region. As well as straddling the Pacific and Atlantic Oceans, Costa Rica is a democratic Central American country. In agriculture, Costa Rica is the second largest supplier of pineapples in the world and is in the top ten banana growers.

 

All power for ATOME is from 100% renewable sources and all chosen sites are located close to the power and water sources and export facilities to serve significant domestic and then international demand. Roughly a third of human-caused GHG emissions is linked to food production according to UN data, and fertiliser use and production is the source of more emissions than the shipping and aviation industries combined. ATOME's green Calcium Ammonium Nitrate product will contribute to decarbonising the food sector from the bottom up, getting to the root of the food value chain's emissions. ATOME's renewably-generated fertiliser is both clean and promotes high crop yields, unlike conventional nitrogen fertiliser which has a heavy carbon footprint.

 

The Company has a green-focused Board which is supported by major shareholders including Peter Levine, Schroders, a leading fund manager, and Baker Hughes, a global technology company operating in the energy and industry sectors.

 

Other information

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

-ends-

 

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UPDUKRBRNWUSAAR
Date   Source Headline
5th Feb 20257:00 amRNSProgress Report on Villeta, Paraguay Project
8th Jan 20257:01 amRNSHolding(s) in Company
8th Jan 20257:01 amRNSHolding(s) in Company
8th Jan 20257:00 amRNSDirector/PDMR Shareholding
20th Dec 20247:00 amRNSEnd of Year Update
10th Dec 20247:00 amRNSAdditional land optioned for the Villeta facility
28th Nov 20247:00 amRNSStifel appointed broker to ATOME
21st Nov 20247:00 amRNSIDB proposal for US$200 million funding for ATOME
14th Nov 20247:00 amRNSEPC Contractor Nominated
7th Nov 20243:22 pmRNSNotification of Major Shareholdings
4th Nov 20242:44 pmRNSNotification of Major Shareholdings
18th Oct 20247:00 amRNSDirector/PDMR Shareholding
17th Oct 202411:00 amRNSDirector/PDMR Shareholding
9th Oct 202412:16 pmRNSDirector/PDMR Dealing
2nd Oct 20242:07 pmRNSTotal Voting Rights
2nd Oct 20242:05 pmRNSDirector/PDMR Shareholding
30th Sep 20247:00 amRNSFurther Subscription
26th Sep 20247:00 amRNSDirectors & Senior Managers subscribe to Fundraise
23rd Sep 20247:00 amRNSPositive Project Finance Progress
19th Aug 20247:00 amRNSUnaudited Results for 6 Months Ended 30 June 2024
15th Aug 20247:00 amRNSFree Trade Zone contract completed for Villeta
24th Jul 202410:33 amRNSResult of AGM
24th Jul 20247:00 amRNSYara Offtake Heads of Terms for Villeta Project
28th Jun 20247:00 amRNSNotice of AGM
27th Jun 20247:00 amRNSFinal Results
25th Jun 20247:00 amRNSHolding(s) in Company
5th Jun 20247:00 amRNSCompletion of Front End Engineering Design study
20th Mar 20249:00 amRNSFurther Subscription & TVR
14th Mar 20247:00 amRNSEIS investment status granted by HMRC
29th Feb 20249:41 amRNSTotal Voting Rights
27th Feb 202410:51 amRNSHolding(s) in Company
22nd Feb 20244:09 pmRNSDirector/PDMR Shareholding
21st Feb 20242:55 pmRNSHolding(s) in Company
19th Feb 20247:00 amRNSPlacing and Subscription raises £1.8 million
14th Feb 20247:00 amRNSSignificant progress on green fertiliser project
2nd Feb 20247:00 amRNSChange of Name to ATOME PLC
1st Feb 20247:00 amRNSProposed Change of Name to ATOME PLC
17th Jan 20247:00 amRNSUpdate on Paraguay Operations
30th Nov 202312:00 pmRNSDirector/PDMR Shareholding
29th Nov 202311:00 amRNSDirector/PDMR Shareholding
28th Nov 20237:00 amRNSUpdate on Mobility Division
24th Nov 20237:00 amRNSDirector / PDMR Shareholding Transaction
14th Nov 20237:00 amRNSATOME granted Free-Trade Zone for Villeta Project
31st Oct 20237:00 amRNSUpdate on Paraguay Operations
28th Sep 20237:00 amRNSHalf-year Report
21st Sep 202312:14 pmRNSShares Investor Event
5th Sep 20237:00 amRNSExtended Investor Video and Investor Presentation
16th Aug 20237:00 amRNSDistribution of IM, Carbon Credits Identified
25th Jul 202312:43 pmRNSResult of AGM
25th Jul 20239:56 amRNSHolding(s) in Company

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