ATOME ’s move to Final Investment Decision (FID) on its Villeta green fertiliser project in Paraguay marks a critical shift from announcements to delivery. The US$500–630 million projects, targeting production of around 260,000 tons of green fertilizer annually from 2027, is underpinned by a full-volume, long-term offtake agreement with Yara International and a blended financing package involving DFIs and private investors.

This is precisely the model highlighted in GH2’s work in Egypt and Morocco: projects do not fail for lack of ambition or capital, but for lack of revenue certainty and coordinated risk allocation at pre-FID stage. Atome shows what happens when these pieces align. Fertilizers lead. Demand anchors the project. Capital follows.

The signal is clear. Get offtake right. Structure risk early. FID will follow.

Peninfo Desk/Dhaka/28.9.04.2026