COUNTRY FOCUS: PARAGUAY
Olivier Mussat, CEO, ATOME
Top: Itaipu dam, Paraguay
Bottom: 3D view of the ATOME Villeta facility
optioned a sizeable plot of 685 hectares( 1,680 acres) near Buey Rodeo and has started discussions with certain key stakeholders.
Paraguay, despite currently having abundant hydroelectric generation from its worldscale Itaipu Bi-National facility, is beginning the process of diversifying its renewable power due to increasing power demand from existing and emerging sectors, including IT and data. As such, despite its favourable irradiation levels, solar power generation is in its infancy in Paraguay – and there is that recognised need to diversify energy supply.
Paraguay is seen as a particularly suitable location for new technology businesses given its significant
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 is in the early stages of developing a significant green power generation and infrastructure business.
ATOME’ s first project in Villeta, Paraguay, benefits from a 145MW renewable power purchase agreement and 43 hectares of land in a tax-free zone.
Heads of Terms have been 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 2025. There is a further 300MW of renewable power reserved for ATOME in Paraguay.
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.
fiscal attractiveness of 10 % corporate tax, freedom of movement, ability for profit repatriation, stable investment grade democracy and equal opportunities for foreign investment, being a member of the important Mercosur trading bloc and having a young workforce.
Olivier Mussat, CEO, ATOME, said:“ Our new power business plans to capitalise on ATOME’ s established relationships to enable accelerated project deployment and unlock expansion opportunities within Paraguay and across the region.”
“ In the meantime, we continue to make substantial progress alongside our world-class partners at Villeta.” p
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