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ATOME Energy Chair Boosts Stake Amid Green Expansion

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ATOME Energy Chair Boosts Stake Amid Green Expansion

Atome Energy PLC ( (GB:ATOM) ) has provided an announcement.

ATOME Energy PLC announced that Peter Levine, its Chairman, acquired a significant portion of shares, strengthening his influence with a 17.99% stake. This strategic move enhances ATOME’s leadership stability as it progresses with its green fertilizer projects in Paraguay and Central America, signaling potential growth and increased market presence.

More about Atome Energy PLC

ATOME PLC is an AIM-listed company specializing in green fertilizer production, targeting projects in Paraguay and Central America. The company has secured a 145MW renewable power purchase agreement for its Villeta project in Paraguay, with plans to begin work in early 2025. In Costa Rica, ATOME is developing green fertilizer projects in partnership with Cavendish S.A. All operations are powered by 100% renewable energy, with sites located near power, water sources, and export facilities. The company is supported by major shareholders, including Peter Levine, Schroders, and Baker Hughes.

YTD Price Performance: 1.05%

Average Trading Volume: 90,549

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £22.56M

Find detailed analytics on ATOM stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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