Atome Energy PLC (GB:ATOM) has released an update.
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Atome Energy PLC has announced the successful completion of the critical Front End Engineering Design (FEED) study for its pioneering 145MW green fertiliser facility in Villeta, Paraguay, marking a significant advancement towards the project’s construction. With the FEED study finalized, which is a first for a large-scale green fertiliser project globally, the company is now progressing with off-take and EPC negotiations and anticipates initiating construction by the end of 2024. The Villeta Project, expected to start producing zero-carbon fertiliser by 2027, could significantly contribute to carbon footprint reduction by potentially displacing an estimated 15 million tonnes of CO2 equivalent over its lifespan.
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