Green Climate Fund approves US$50M for ATOME’s Villeta green fertiliser project in Paraguay

ATOME Energy has secured US$50 million in concessional financing from the Green Climate Fund (GCF) for its US$630 million Villeta green fertiliser project in Paraguay, marking a major step toward final investment decision. The funding, provided through the International Finance Corporation (IFC), will reduce capital costs, enhance project bankability, and support the decarbonization of fertiliser production across South America.

Source: Fuel Cells Works