ATOME CEO on landmark Yara offtake deal & Villeta green fertiliser push
ATOME PLC (AIM:ATOM) CEO Olivier Mussat talked with Proactive's Stephen Gunnion about the company’s landmark offtake agreement for its Villeta Project in Paraguay. The project is described by Mussat as the first industrial-scale, fully dedicated green fertiliser facility. Powered by renewable energy, it will convert green hydrogen into ammonia and ultimately produce 260,000 tons per year of calcium ammonium nitrate fertiliser. Mussat explained, “Offtake means who is going to buy your product, at what price, and for how long? Because that determines the bankability of your project.” He confirmed that ATOME has signed a ten-year take-or-pay agreement with Yara, one of the world’s largest fertiliser companies, covering 100% of production, with an option to renew. He highlighted that Yara sells over 6 million tons of fertiliser annually in Latin America, making it a significant long-term partner. The CEO emphasised that this partnership ensures guaranteed revenues before construction even begins, which is a critical factor in securing financing. He noted that ATOME has already purchased land, completed environmental and social impact assessments, and agreed on EPC terms with Casale. The next steps will focus on finalising financing with equity led by Hy24 and debt discussions involving institutions such as IDB, FMO, the European Investment Bank, and IFC. Visit Proactive’s YouTube channel for more company interviews and updates. Don’t forget to like this video, subscribe, and enable notifications so you never miss future content. #ATOME #GreenFertilizer #VilletaProject #Yara #RenewableEnergy #GreenHydrogen #Ammonia #SustainableAgriculture #ProjectFinance #ProactiveInvestors
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