ATOME Shares Jump 20% After Securing $420m Financing for Paraguay Plant
5 Articles
5 Articles
Asunción, IP Agency.- The International Finance Corporation (IFC), member of the World Bank Group, announced the signing of debt financing documents for the green fertilizer project “Villeta”, a pioneering initiative developed by ATOME PLC, which will establish one of the world’s first commercial green hydrogen fertilizer plants on an industrial scale in Paraguay. The project will support the country’s long-term goal of advancing and integrating…
AIM movers: Atome agrees debt finance and strategic investors for Reabold Resources
Atome (LON: ATOM) has signed the debt financing agreement for the Villeta fertiliser project in Paraguay and that leaves the equity element of the funding to sort out. There will be 64% gearing on the $650m cost of the project. Atom will gain income from providing management services. The share price gained 19.2% to 59p. […] The post AIM movers: Atome agrees debt finance and strategic investors for Reabold Resources appeared first on UK Investor…
H2-View News: Atome signs $240m debt package for Paraguay green hydrogen fertiliser plant
The package secures Atome 15 years’ worth of debt financing on “highly competitive terms” from the European Investment Bank, Inter-American Investment Corporation, and arms of the Dutch government and United Nations. It would finance the construction of the company’s first green hydrogen-based fertiliser production project in Villeta, Paraguay, which had intended to take FID on
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