Atome Villeta Green Fertilizer (IFC-47553)

Countries
  • Paraguay
Geographic location where the impacts of the investment may be experienced.
Specific Location
City of Villeta
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
ATOME Paraguay, S.A.E.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 130.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 130.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 13, 2025

Disclosed by Bank Jun 9, 2025


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The proposed IFC investment is an up to US$130 million financing including: (i) an IFC A Loan of up to US$[30]mn, and (ii) a subordinated loan of up to US$[75-105]mn to ATOME Paraguay SAE (the “Company” or the “Borrower”), a wholly owned subsidiary of ATOME Energy PLC (“ATOME” or the “Sponsor”)- (https://www.atomeplc.com/), a UK-listed company focused on the development of greenfield green hydrogen projects for the purpose of producing, marketing and distributing green fertilizers. The proposed project entails the financing of Paraguay’s first green hydrogen fertilizer project, the Villeta 145MW production facility, designed to produce up to 260,000 tons per annum (tpa) of green calcium ammonium nitrate (“CAN”), a low-carbon fertilizer (“the Project”).  The Project is located 30km to the south of Villeta municipality, within an industrial area in development, near the eastern bank of the Paraguay River and approximately 3km east of the border with Argentina. The Project encompasses construction and operation of a green hydrogen fertilizer plant that will include the following: (i) an electrolysis plant with an installed capacity of 110MW and a pressurized alkaline water electrolysis system with a nominal capacity of 1,978kg/h, and onsite storage capacity of 10 m3 at 15 bar of operational pressure ; (ii) an air separation unit with a cryogenic distillation unit; (iii) an ammonia synthesis plant with a Haber-Bosch fixation process with  a double metallic wall storage tank  with a 1432,4 m3 of volume at refrigerated liquid-phase storage under normal pressure; (iv) a Nitric Acid plant designed per EU BAT; (v) an Ammonium Nitrate Solution plant; and (vi) a Granulation Plant. The Project will also require ancillary infrastructure including a 0.5km-long 220kV interconnection line (IL) and a 2.5km-long water line with associated water intake structure and wastewater discharge system. The project is currently in the planning phase and is expected to have a construction schedule of 38 months.                                                   

Investment Description
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Contact Information
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