ATOME and Yara agree terms for major offtake deal
World’s largest green fertiliser supply agreement puts Villeta project in Paraguay on track for FID later this year
Pure-play developer ATOME Energy expects to reach FID on its Villeta green ammonia and fertiliser project in Paraguay later this after agreeing the heads of terms for a major long-term offtake deal with fertiliser group Yara International. Under the terms—which are expected to lead to a definitive contract before the end of the year and represent the world’s largest green fertiliser deal—Yara will buy the 145MW Villeta project’s entire 264,000t/yr output of green calcium ammonium nitrate (CAN), a fertiliser product. “The entry into this strategic relationship with global crop nutrition leader Yara is a significant milestone for ATOME on the path to realise our flagship Villeta Project, which
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges