IFC Board Approves Financing Package at Villeta

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 note that the Board of the International Finance Corporation ("IFC"), the private investment arm of the World Bank Group, has approved their part of the total financing package for the landmark US$630 million, 260,000 tonne-per-year low-carbon fertiliser plant at Villeta, Paraguay ("Villeta" or "the Project").

Key Points:

• The IFC Board has approved up to US$100 million total project financing package for the Villeta Project across concessional debt and project level equity.
• IFC, a member of the World Bank Group, is the largest global development institution focused on private sector investments in emerging markets. In 2024, IFC committed over US$9 billion in long-term climate finance and currently holds approximately US$17 billion in total exposure across Latin America and the Caribbean.
• As shown in public disclosures, the participants in the Villeta Project's debt finance include IFC, EIB, IDB Invest (Inter-American Development Bank's private investment arm), FMO (the Dutch development bank) as well as the Green Climate Fund.

Olivier Mussat, CEO of ATOME, commented:

"The IFC Board's approval of up to US$100 million of debt and equity financing for Villeta is another strong endorsement of the Project's maturity, bankability, and positive development impact.

"This is another important step towards finalising the US$630 million project funding as we remain focused on achieving FID before the end of the year."

Other information