REG - ATOME PLC - Sungrow Selected as Villeta Electrolyser Supplier

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RNS Number : 3624F  ATOME PLC  22 May 2026

 

For immediate release

22 May 2026

 

ATOME PLC

("ATOME" or the "Company")

 

Selection of Sungrow Hydrogen as Electrolyser Supplier for Villeta

 

ATOME (AIM: ATOM), the leading low-carbon fertiliser developer and the UK's
only dedicated international industrial scale low-carbon fertiliser company,
is pleased to announce that it has selected Sungrow Hydrogen as its
electrolyser supplier for the flagship 260,000 tonne-per-year low-carbon
fertiliser project at Villeta, Paraguay ("Villeta" or "the Project").

 

 

Electrolyser Supply for Villeta

 

Following a rigorous competitive tender process managed by Casale S.A.,
ATOME's EPC partner for the Villeta Project, ATOME has selected Sungrow
Hydrogen ("Sungrow") as the electrolyser technology partner for the Villeta
Project. Sungrow Hydrogen is a globally leading supplier of electrolysers.

 

The Villeta Project will deploy 110MW of Sungrow's proven alkaline
electrolyser technology, powered by 100% renewable baseload hydropower from
the Itaipu Dam, to produce the green hydrogen required for the production of
260,000 tonnes per year of low-carbon Calcium Ammonium Nitrate fertiliser. The
supply will be complemented by a Long-Term Service Agreement to provide
maintenance support for the equipment.

 

The selection of Sungrow as the electrolyser partner at Villeta marks the
start of what ATOME and Sungrow expect to be a long-term strategic partnership
with further cooperation on other projects already in discussion.

 

The strategic partnership with Sungrow, as well as the direct investment in
ATOME's share capital by Casale and Baker Hughes, reflects the Company's
strategy to be able to offer new projects and investments a one-stop-shop
solution complemented by ATOME's excellent relations with its funding partners
in Villeta.

 

 

About Sungrow Hydrogen

 

Sungrow Hydrogen is a global leader in electrolyser technology and green
hydrogen production system solutions, and a subsidiary of Sungrow Power Supply
Co., Ltd. - one of the world's largest renewable energy technology companies.

 

Sungrow Hydrogen, headquartered in Hefei, China, manufactures both alkaline
and PEM electrolysers and has established a strong international project
delivery track record, including as primary electrolyser supplier for projects
across Africa, China, Europe and the Middle East.

 

 

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

 Beaumont Cornish (Nominated Adviser)     +44 (0) 20 7628 3396
 Roland Cornish, Michael Cornish

 SP Angel (Broker)                        +44 (0) 20 3490 0470
 Richard Hail, Jen Clarke
 FTI Consulting (Communications Adviser)  +44 (0) 20 3727 1000

                                        atome@fticonsulting.com (mailto:atome@fticonsulting.com)
 Elizabeth Adams, 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 125MW renewable
power purchase agreement and a 30-hectare site in a tax-free zone, 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, as well as a US$465 million fixed-price EPC contract with leading
ammonia and fertiliser engineering specialist Casale S.A. ATOME declared
unconditional Final Investment Decision on the Villeta Project in May 2026
following completion of US$665 million project finance with construction to
commence in 2026.

 

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 low-carbon and provides a secure,
stable alternative product not reliant on fossil fuels, unlike all nitrogen
fertilizer production today.

 

The Company has a green-focused Board which is supported by major shareholders
including Peter Levine, Schroders, a leading fund manager, Baker Hughes, a
global technology company operating in the energy and industry sectors and
Casale, the Swiss-based ammonia and fertiliser specialist engineering firm and
technology licensor

 

 

IMPORTANT NOTICE

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

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