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IN BRIEF: Atome Energy in funding push for Paraguay green fertiliser

16th Aug 2023 13:04

Atome Energy PLC - Leeds, England-based green hydrogen, ammonia, and fertiliser project development in Paraguay, Iceland, and Central America - Launches effort to find financing for the first phase of its Villeta green fertiliser project in Paraguay. Natixis Corporate & Investment Banking issues an information pack and opens a virtual data room for the project finance requirement. Says a carbon footprint analysis by a third party indicates the Villeta project will displace about 500,000 tonnes of carbon dioxide equivalent per year, potentially generating a total of 12 million carbon credits over the project's 25-year lifetime.

Current stock price: 84.03 pence, down 4.0% in London on Wednesday

12-month change: down 16%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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