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ANDE has halted negotiations with ATOME to supply power to the green hydrogen and fertilizer plant in Villeta, deeming it unsustainable to maintain the proposed fixed tariff for 15 years, while Sitrande challenges the state utility’s reorganization and warns of risks to the electricity sector.
andemiguel-baez-reyesatomevilletaATOME is advancing the development of a 300 MWp solar plant project in Villeta, Paraguay, after securing financial support for its feasibility study.
villetaatomeBritish company Atome is seeking an agreement with Paraguay's state electricity utility ANDE to resolve the impasse over the energy contract and unlock its fertilizer plant in Villeta, a project financed and supported by international institutions that promises to generate thousands of jobs.
andeatomevilletaTrading in shares of Atome PLC was suspended on the London Stock Exchange due to a delay in publishing its financial statements, caused by ongoing negotiations with Paraguay's state electricity utility, ANDE, over the power contract for its green fertilizer project in Villeta.
atomeandevilletaAtome PLC has finalized a $665 million investment to build a green fertilizer plant in Villeta, Paraguay, contingent upon the approval of a preferential electricity tariff by ANDE to ensure the project's financial viability.
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