RCS - ATOME PLC - “Excellent” rating from Sustainable Fitch

AtomeAnnouncement

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RNS Number : 8578W  ATOME PLC  17 March 2026

 

For immediate release

17 March 2026

 

 

ATOME PLC

("ATOME" or the "Company")

 

ATOME's Green Finance Framework receives "Excellent" rating from Sustainable
Fitch

 

ATOME (AIM: ATOM), the world-leading low-carbon fertiliser developer and the
UK's only dedicated international industrial scale low-carbon fertiliser
company, is pleased to announce that Sustainable Fitch, the leading provider
of independent ratings, opinions, research, and analytics for sustainable
finance, has provided a Second-Party Opinion ("SPO") with an assessment of
"Excellent" on ATOME's Green Finance Framework relating to the landmark,
260,000 tonnes-per-year, low-carbon fertiliser plant at Villeta, Paraguay
("Villeta" or "the Project").

 

 

Green Financing Framework

 

ATOME has received an "Excellent" assessment in the SPO provided by
Sustainable Fitch, a leading provider of ratings and opinions across all asset
classes.

 

The Green Finance Framework is a necessary document for project financial
close which states how ATOME's governance and management systems will track
and manage the debt financing proceeds allocated to the Villeta Project.

 

Sustainable Fitch states that ATOME's Green Finance Framework demonstrates
robust governance and aligns to key Green Loan Principles. The publication of
the SPO report follows the recent announcement signing of the US$420 million
debt package for the Villeta Project. A copy of the report can be found on
Sustainable Fitch's website: https://www.sustainablefitch.com/
(https://www.sustainablefitch.com/)

 

 

For further information on ATOME, please visit the Company's Curation Connect
showcase at: https://app.curationconnect.com/company/Atome-71605
(https://app.curationconnect.com/company/Atome-71605)

 

For more information, please visit https://www.atomeplc.com or contact:

 

 ATOME PLC                                +44 (0) 113 337 2210
 Nikita Levine, Investor Relations
info@atomeplc.com

 FTI Consulting (Communications Adviser)  +44 (0) 20 3727 1000

                                        atome@fticonsulting.com (mailto:atome@fticonsulting.com)
 Ben Brewerton

 

About ATOME

 

ATOME PLC is an AIM-listed company targeting green fertiliser production with
445-megawatt of projects in Paraguay and a further pipeline of potential
projects in Central America. ATOME has now created its ATOME POWER division
which is in the early stages of developing a significant green power
generation and infrastructure business. ATOME's projects are situated at the
heart of one of the world's largest food export hubs - the Mercosur region in
the Southern Cone of South America with the Argentinian and Brazilian markets
next door. ATOME's production will disrupt the region's heavy dependence on
imported fossil fuel generated fertilizer, contributing to regional food
security goals.

 

ATOME's first project in Villeta, Paraguay, benefits from a 145MW renewable
power purchase agreement and a 30-hectare site in a tax-free zone, with an
option already secured to purchase an additional 13 hectares of adjacent land.
Front End Engineering Design studies have been completed and a 10-year
Definitive Offtake Agreement signed with Yara International, the leading
international fertiliser company, for offtake of all of Villeta's green
fertiliser production. In early 2025, ATOME announced Hy24, the leading clean
hydrogen asset manager, as anchor and lead equity investor in the project, and
confirmed the signing of the US$465 million fixed-price EPC contract with
leading ammonia and fertilizer engineering specialist Casale S.A. The Company
is now negotiating the project finance with a view to commencing work in 2026.
There is a further up to 300MW of renewable power reserved for ATOME in
Paraguay.

 

In Costa Rica, The National Ammonia Corporation S.A. was formed in 2022 with
local partner Cavendish S.A. based in Costa Rica to develop green fertiliser
projects for the region. As well as straddling the Pacific and Atlantic
Oceans, Costa Rica is a democratic Central American country. In agriculture,
Costa Rica is the second largest supplier of pineapples in the world and is in
the top ten banana growers.

 

All power for ATOME is from 100% renewable sources and all chosen sites are
located close to the power and water sources and export facilities to serve
significant domestic and then international demand. Roughly a third of
human-caused GHG emissions is linked to food production according to UN data,
and fertiliser use and production is the source of more emissions than the
shipping and aviation industries combined. ATOME's green Calcium Ammonium
Nitrate product will contribute to decarbonising the food sector from the
bottom up, getting to the root of the food value chain's emissions. ATOME's
renewably-generated fertiliser is both clean and promotes high crop yields,
unlike conventional nitrogen fertiliser which has a heavy carbon footprint.

 

The Company has a green-focused Board which is supported by major shareholders
including Peter Levine, Schroders, a leading fund manager, and Baker Hughes, a
global technology company operating in the energy and industry sectors.

 

 

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