The European Investment Bank (EIB) through its development arm EIB Global, has announced up to USD 95 million in financing for the development of ATOME’s Villeta Green H₂ Fertiliser Plant, a landmark project that will produce low‑carbon nitrogen fertilisers in Paraguay using green hydrogen generated from the country’s fully renewable electricity system. With an annual production capacity of around 260 000 tonnes of calcium ammonium nitrate (CAN), the project is set to become one of the first industrial‑scale green hydrogen fertiliser plants outside the European Union, and the world’s largest upon start of operations, demonstrating Europe’s global leadership in clean industrial technologies.