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Summary sheet

Release date
4 April 2025
Status
Reference
Under appraisal | 16/12/2024
20240771
Project name
Promoter - financial intermediary
VILLETA GREEN H2 FERTILISER PLANT
ATOME PLC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 135 million (EUR 119 million)
USD 583 million (EUR 512 million)
Location
Sector(s)
Description
Objectives

The project includes the construction and operation of a low carbon fertiliser plant for the production of 260,000 tonnes per annum (tpa) of Calcium Ammonium Nitrate (CAN), located in Villeta, Paraguay.

The aim is to implement the production of low-carbon calcium ammonium nitrate (CAN) fertiliser at commercial scale, using renewable energy. As such, the project represents a flagship example of green ammonia production and application in low-carbon nitrogen fertiliser production at commercial scale. The purpose is to demonstrate the possibility to implement a production process fully powered by renewable energy in one of the most carbon-intensive industrial sectors, the production of nitrogen fertiliser. Such objectives are fully aligned to the EU Green deal and EU decarbonisation policies, including the achievement of carbon neutrality by 2050. The applications of the produced low-carbon CAN fertiliser in agriculture may also lead to a reduction of the environmental impact of agricultural primary production.

Environmental aspects
Procurement

The promoter has already received by the competent authority the related environmental permits. The application of the EIB Environmental and Social Standards, as well as the Environmental Social Impact Assessment (ESIA) will be further verified during the project appraisal.

The promoter has to ensure that the project implementation will be done in accordance with the EIB's Guide to Procurement.

Milestone
Under appraisal
Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Impact Assessment (ESIA) - VILLETA GREEN H2 FERTILISER PLANT - Link to Promoter's website for environmental information
Publication Date
14 Jun 2025
Document language
Main Topic
Lending
Document Number
247633747
Document Focus
Environmental Information
Project Number
20240771
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - VILLETA GREEN H2 FERTILISER PLANT
Publication Date
14 Jun 2025
Document language
Main Topic
Lending
Document Number
245334663
Document Focus
Environmental Information
Project Number
20240771
Sector(s)
Countries
Publicly available
Download now
Other links

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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