ATOME’s results reflect a period of strong development for the company as it moves towards financial close at its first green fertiliser project in Paraguay and works on development of further beyond this. Costs have been controlled and working capital ahead of FID at the project is supported by advances and a debt facility. ATOME is operating where hydrogen economics make sense, even for the most sceptical, and we think FID at Villeta has the potential to leverage financial support for projects beyond this first one.
