Villeta Update

Summary by AI BETAClose X

ATOME PLC has provided an update on its Villeta Project in Paraguay, confirming ongoing discussions with counterparties regarding the power purchase agreement, with the Government of Paraguay expressing strong support for the project's success. Key international commercial partners and lenders, including IDB Invest, IFC, the European Investment Bank, FMO, and the Global Climate Fund, remain supportive of the strategic low-carbon fertiliser project, which is expected to significantly boost Paraguay's fertilizer production, create jobs, and support its agricultural sector. ATOME anticipates a further market update in early August unless material developments occur sooner.

Disclaimer*

ATOME PLC
20 July 2026
 

 

For immediate release

20 July 2026

ATOME PLC

("ATOME" or the "Company")

 

Villeta Update

 

ATOME (AIM: ATOM), provides an update further to the previous announcements regarding the power purchase agreement ("PPA") at the Villeta Project, Paraguay.

 

ATOME confirms that discussions continue with the relevant counterparties in Paraguay on the specific terms of the PPA with the Government of Paraguay having expressly indicated that it wants to see the Project succeed.

 

All relevant stakeholders, including the project's international commercial partners and lenders, the latter being IDB Invest - the private sector arm of the Inter-American Development Bank Group consisting of 48 country members, IFC - the private sector arm of the World Bank Group, the European Investment Bank, FMO - the Dutch Development Bank and the Global Climate Fund, managed by the World Bank, continue to be supportive of ATOME and the strategic Villeta Project.

 

It is generally recognised that the Villeta low-carbon fertiliser project is of major strategic importance to Paraguay which will place the country on the world map of fertiliser production as well as creating thousands of jobs in the process and providing the people of Paraguay with support for its own food supply amidst the country's growing agricultural sector.

 

Unless there are any material developments in the meantime, ATOME expects to provide a further update to the market in the first part of August.

 

 

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

 

ATOME PLC
Nikita Levine, Investor Relations

 

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

Beaumont Cornish (Nominated Adviser)
Roland Cornish, Michael Cornish

 

+44 (0) 20 7628 3396

SP Angel (Broker)
Richard Hail, Jen Clarke

+44 (0) 20 3490 0470

FTI Consulting (Communications Adviser)

Elizabeth Adams, Ben Brewerton

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

IMPORTANT NOTICE

 

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the FCA, is acting as nominated adviser to the Company. Beaumont Cornish will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. No representation or warranty, expressed or implied, is made by Beaumont Cornish or any of its directors, officers, partners, employees, agents or advisers as to the contents herein including in its accuracy, completeness or verification, or for any other statement made or purported to be made by it or on its behalf, in connection with the Fundraising or Transaction. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders or any other person.

 

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