Atome Energy
- Company typePublic
- Founded2021
- HeadquartersLeeds, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
Atome Energy firmographics
Firmographics- Name
- Atome Energy
- Legal name
- ATOME PLC
- Website
- https://atomeplc.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Atome Energy industry classification
Industry- Product category
- Green Fertiliser Production
- NAICS
- Nitrogenous Fertilizer Manufacturing (325311), Electric Power Generation (22111), Turbine and Turbine Generator Set Units Manufacturing (333611), Electrical Equipment Manufacturing (3353)
- SIC
- Industrial Inorganic Chemicals (2810), Chemicals & Allied Products (2800), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Nitrogen Fertilizers (Ammonia, Urea, UAN, Ammonium Nitrate/Sulfate) (AFABABAA)
- akta.pro secondary industry
- Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD)
Keywords
Where Atome Energy is headquartered
LocationHeadquarters
- HQ city
- Leeds
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
Atome Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Technology or R&D, Personnel, Supply Chain, Operations
Revenue model
- Pre-revenue, future long-term offtake sales of green fertiliser: ATOME remains pre-revenue, continues to report losses and generates negative free cash flow as of April 2026. Future revenue model is anchored by a 10-year definitive offtake agreement with Yara International ASA for 100% of Villeta's 260,000 tonnes/year of low-carbon fertiliser production. Once Villeta reaches commercial production (targeted by October 2029), revenue will be generated from sale of CAN fertiliser under this long-term contract. A second, separate revenue stream is expected from ATOME Power — providing 'power as a service' to third-party users including AI and data operations, supported by up to 400MW solar and battery storage capacity.
- Long-term offtake contract revenue (Yara International): Production-volume-based 10-year binding offtake agreement with Yara International for entire 260,000 tonnes/year of low-carbon CAN fertiliser production at full production capacity. Recurring revenue stream beginning at commercial operations, expected by October 2029.
- Power-as-a-service (ATOME Power): Planned standalone market-led renewable power generation business providing long-term 'power as a service' contracts to third-party high-volume users including AI and data operations. Initial project is up to 400MW utility-scale solar plus battery storage in Paraguay. Expected to deliver stable revenue under long-term offtake agreements with operational lifespans of 25 years or more.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Long-term contracted offtake pricing (Yara International) |
| Unit Pricing | Pay-as-you-go | Equity placing (April 2026) |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels10 records
Atome Energy product offering
Product offeringCore offering
ATOME PLC develops, finances, constructs and operates industrial-scale green fertiliser production facilities powered entirely by baseload renewable hydroelectricity. Its flagship 145MW Villeta Project in Paraguay will produce 260,000 tonnes/year of low-carbon Calcium Ammonium Nitrate (CAN) fertiliser, all of which is contractually committed under a 10-year binding offtake with Yara International ASA. The company also operates the ATOME Power division, providing renewable 'power as a service' to high-volume industrial users, and is developing additional projects in Paraguay, Costa Rica and Central America.
Product overview
ATOME PLC is a UK-listed (AIM: ATOM) developer of industrial-scale green fertiliser projects delivered as a portfolio of named power-to-fertiliser assets rather than a software-style platform-plus-modules product. Its offering centres on the flagship 145MW Villeta Project in Paraguay (the world's largest dedicated green fertiliser plant upon completion, expected 2028), augmented by the larger 300MW Yguazu Project (development phase) and the Costa Rica Project delivered through its NAC joint venture. The company vertically integrates renewable power, electrolysis-based green hydrogen production, green ammonia synthesis, and downstream Green Calcium Ammonium Nitrate (CAN) Fertiliser manufacturing from a single baseload-renewable supply chain. The standalone ATOME Power division extends the offering into renewable power generation and 'power as a service' infrastructure for third-party users in Latin America.
Differentiator
Problem solved
Functional benefit
Brands
- ATOME Power: Standalone, market-led renewable power generation and infrastructure division of ATOME with initial focus on Latin America; plans for up to 400MW solar and battery storage in Paraguay, offering 'power as a service' to long-term offtake customers.
Products and services
- Green Calcium Ammonium Nitrate (CAN) Fertiliser Low-carbon nitrate fertiliser produced at industrial scale by ATOME using only renewable baseload hydroelectric power, air and water. The six-step process uses Itaipu hydropower to drive electrolysis for green hydrogen, which is combined with nitrogen via the Haber-Bosch process to make green ammonia, then oxidised to nitric acid and reacted to form ammonium nitrate, which is blended with dolomite-sourced calcium to yield CAN. Designed to be cost-competitive without a green premium and to displace up to 12.5 million tonnes of CO2 over the Villeta plant's lifetime.
- 145MW Villeta Project ATOME's flagship first-of-its-kind 145MW green fertiliser plant in Villeta, Paraguay. The facility will produce 260,000 tonnes/year of low-carbon Calcium Ammonium Nitrate (CAN) fertiliser from 100% renewable baseload hydroelectric power from the Itaipu dam, with all output contractually committed to Yara International ASA under a 10-year binding offtake. It is the world's first industrial-scale green fertiliser plant to reach Final Investment Decision.
- 300MW Yguazu Project ATOME's second Paraguayan green fertiliser project, intended at more than twice the size of Villeta at 300MW, intended as a world-scale green fertiliser plant supplying low-carbon fertiliser to Latin American and global agricultural markets. 300MW of renewable baseload power is reserved with ANDE; pre-PPA and technical studies are complete; site selection and PPA agreement pending.
- Costa Rica Green Fertiliser Project (NAC) Green fertiliser development in Costa Rica executed through The National Ammonia Corporation S.A. (NAC), a joint venture between ATOME and Cavendish S.A. headquartered in San Jose. The project is expected to be similar in size to the 145MW Villeta Project, supplying domestic Costa Rican and Central American fertiliser markets from 100% renewable baseload power, with ICE as the prospective power supplier.
- ATOME Power 'Power as a Service' Standalone, market-led renewable power generation and infrastructure business providing long-term 'power as a service' contracts to high-volume users (e.g., AI and data operations), with potential export through Paraguay's grid network via ANDE. Initial project is a utility-scale solar energy project in Paraguay with plans for up to 400MW capacity complemented by battery storage near the Buey Rodeo substation; expected operational lifespan of 25 years or more.
Quantifiable outcome
- 260,000 tonnes/year of green fertiliser production at full capacity (Villeta)
- +7 more outcomes
Companies that use Atome Energy
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
Atome Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Atome Energy partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered flagship / anchor partner, flagship / core strategic partner, core infrastructure / power partner (costa rica), feed partner, core technical / owner's engineer, core infrastructure / power partner, core jv partner for costa rica, legal advisors on villeta financing, joint broker, joint broker and research provider, nominated adviser, legal counsel, auditor, registrar and strategic communications adviser.
- Yara International ASAflagship / anchor partnerDefinitive minimum 10-year offtake agreement signed September 2025 (originally long-term offtake July 2024; Heads of Terms July 2024) for 100% of Villeta's 260,000 tonnes/year low-carbon CAN fertiliser production. Yara is the world-leading fertiliser company. The binding offtake de-risks Villeta's commercial revenue and underpins the project's bankability. Yara also has a separate Framework Collaboration Agreement with ATOME related to fertiliser offtake and supply chain transition.
- Casale S.A.flagship / core strategic partnerSwiss global leader in ammonia and fertiliser technologies. Nominated sole EPC contractor November 2024. Signed fixed-price lump-sum $465 million EPC contract April 2025. Long-term shareholder (21.87% as of June 2026) subscribing for $17 million worth of shares in the April 2026 placing. Casale (with Urbas Energy) was FEED contractor from December 2022. The relationship is co-development and procurement as well as equity ownership.
- Instituto Costarricense de Electricidad (ICE)core infrastructure / power partner (costa rica)Costa Rican state power company. NAC (ATOME's Costa Rican JV with Cavendish S.A.) signed a Framework Collaboration Agreement in February 2024 to evaluate feasibility for the power supply to a green ammonia and fertiliser project of similar size to Villeta. First step in securing 100% renewable baseload power for the Costa Rica project.
- Urbas Energyfeed partnerInternationally recognised engineers working in cooperation with Casale as the FEED contractors for Villeta green fertiliser project from December 2022. Contributed to the world-first FEED study of its kind completed June 2024.
- AECOMcore technical / owner's engineerAppointed as Owner's Engineer for the Villeta Project June 2022, marking the commencement of the FEED phase. AECOM Director of Hydrogen for Europe (Sam Mackilligin) subsequently joined ATOME as Head of Engineering and Project Management.
- ANDE (Administración Nacional de Electricidad — Paraguay national power company)core infrastructure / power partnerATOME signed its first 60MW Power Purchase Agreement with ANDE in May 2022 for supply of baseload renewable power. The Villeta Project was expanded to 120MW (December 2022) and then to 145MW (July 2023). In July 2023 ATOME also entered into a 300MW pre-PPA agreement for the Yguazu project. The Villeta PPA underpins project financing and was placed at risk by Paraguay's June 2026 revocation of the presidential decree on fixed electricity tariffs.
- Cavendish S.A.core jv partner for costa ricaLocal Costa Rican partner. Jointly with ATOME formed The National Ammonia Corporation S.A. (NAC) in December 2022 (entered Central America February 2023). NAC has a mandate to develop green fertiliser projects across Central America and the Caribbean with initial focus in Costa Rica itself. Cavendish CEO Silvio Heimann co-leads local operations.
- White & Case LLP and Colab (Asunción)legal advisors on villeta financingProvided legal advisory services on the US$420 million debt financing for Paraguay's first green fertiliser plant (Villeta Project). International law firm White & Case alongside Colab in Asunción.
- Stifel Nicolaus Europe Limitedjoint brokerJoint Broker for ATOME on AIM. Located at 150 Cheapside, London EC2V 6ET.
- SP Angel Corporate Finance LLPjoint broker and research providerJoint Broker for ATOME on AIM. Located at Prince Frederick House, 35-39 Maddox Street, London W1S 2PP. Also publishes analyst research on the company.
- Beaumont Cornish Limitednominated adviserNominated Adviser for ATOME on AIM market. Located at 5-10 Bolton Street, London W1J 8BA.
- Fieldfisher LLPlegal counselLegal Counsel for ATOME. Located at Riverbank House, 2 Swan Lane, London EC4R 3TT.
- Crowe U.K. LLPauditorReporting Accountants and Auditor for ATOME. Located at 55 Ludgate Hill, London EC4M 7JW.
- Equiniti LimitedregistrarRegistrar for ATOME. Located at Spencer Road, Lancing, West Sussex BN99 6DA.
- FTI Consulting LLPstrategic communications adviserStrategic Communications adviser for ATOME. Located at 200 Aldersgate, Aldersgate Street, London EC1A 4HD. Email [email protected].
Scale indicators19 records
Recent moves10 records
Expansion highlights5 records
Atome Energy competitors and assessment
Company assessmentDirect peers
- Yara International ASA: World-leading fertiliser company that is the 100% offtaker of Villeta's 260,000 t/y CAN production under a 10-year binding agreement. Yara is also a major green ammonia producer/developer in its own right, making it the closest strategic and commercial peer — and counterparty — to ATOME.
- OCI Global: Global nitrogen fertiliser and green ammonia producer pursuing low-carbon ammonia at industrial scale, including in the Americas. Highly comparable as a competing power-to-fertiliser / power-to-ammonia developer serving the same end-markets as ATOME.
- HIF Global: Chile-based developer of green hydrogen, e-fuels and downstream molecules with similar 'project developer' economics and an early-mover pipeline in Latin America. Closely comparable business model to ATOME's project-finance-led approach in Mercosur.
Broad incumbents
- CF Industries Holdings: One of the largest global nitrogen fertiliser producers, actively developing green/blue ammonia capacity. Comparable as a major incumbent in the same product category (CAN/urea/ammonia), with overlapping end-buyer relationships but a much broader portfolio and asset base than ATOME.
- Nutrien Ltd: World's largest fertiliser producer with a global nitrogen, potash and phosphate footprint and a stated focus on low-carbon nitrogen solutions. Comparable as a large-scale incumbent serving the same agricultural customers that ATOME's CAN production will reach via Yara.
- Iberdrola: Global renewables major with multiple Power-to-X / green hydrogen and ammonia projects under development, including in Latin America. Comparable as a utility-scale green-energy developer with similar renewable-baseload power procurement and downstream hydrogen/ammonia ambitions.
- ENGIE: French multinational utility developing renewable hydrogen, ammonia and e-fuel projects worldwide. Comparable as a large incumbent with a parallel renewable-power-to-molecule strategy, even though its portfolio is much broader than ATOME's focused fertiliser play.
- Ørsted: Danish offshore-wind and green-hydrogen major with Power-to-X ambitions. Comparable as a renewable-power-to-molecule developer targeting the same sustainability-linked offtake market that ATOME's Villeta project addresses.
Emerging players
- Topsoe: Technology licensor and engineering partner for green ammonia and hydrogen projects, including SOEC electrolysis. Comparable as a specialist enabling the same power-to-fertiliser / power-to-ammonia value chain that ATOME is building, though from a technology-licensing rather than asset-owning model.
Others
- Thyssenkrupp nucera: German alkaline-water and PEM electrolyser supplier publicly listed in Frankfurt. Comparable as a critical-input technology provider in the same green-hydrogen / green-ammonia value chain that ATOME is deploying, though it is an equipment vendor rather than an asset-owning developer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Atome Energy social profiles
Digital presenceAtome Energy compliance and trust
Trust signalCompliance6 records
Atome Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Atome Energy leadership team
Management profileNumber of profiles
Profiles10 records
Atome Energy subsidiaries and ownership
Company hierarchySubsidiaries4 records
Atome Energy funding detail
Funding detailFunding overview
Funding rounds4 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Atome Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Atome Energy
What does Atome Energy do?
ATOME PLC develops, finances, constructs and operates industrial-scale green fertiliser production facilities powered entirely by baseload renewable hydroelectricity. Its flagship 145MW Villeta Project in Paraguay will produce 260,000 tonnes/year of low-carbon Calcium Ammonium Nitrate (CAN) fertiliser, all of which is contractually committed under a 10-year binding offtake with Yara International ASA. The company also operates the ATOME Power division, providing renewable 'power as a service' to high-volume industrial users, and is developing additional projects in Paraguay, Costa Rica and Central America.
Is Atome Energy a public or private company?
Atome Energy is a public company. It is classified as public and is currently operating.
When was Atome Energy founded?
Atome Energy was founded in 2021. It employs 1 to 10 people.
Where is Atome Energy based?
Atome Energy is headquartered in Leeds, United Kingdom, in the Europe region.
How does Atome Energy make money?
Three revenue lines are on record. Pre-revenue, future long-term offtake sales of green fertiliser is the primary driver. The others are long-term offtake contract revenue (Yara International) and power-as-a-service (ATOME Power).
Who are Atome Energy's main competitors?
Direct peers on record are Yara International ASA, OCI Global and HIF Global. Broad incumbents are CF Industries Holdings, Nutrien Ltd, Iberdrola, ENGIE and Ørsted. Topsoe is listed as an emerging player. Thyssenkrupp nucera is listed as an others.
Does Atome Energy have an API?
No public API is recorded for Atome Energy.
What industry is Atome Energy in?
Atome Energy's product category is Green Fertiliser Production. Its primary akta.pro industry code is AFABABAA, Nitrogen Fertilizers (Ammonia, Urea, UAN, Ammonium Nitrate/Sulfate), with a secondary code of IMAFADAD, Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage). Its NAICS code is 325311 and its SIC code is 2810.