Video

Close Video

Overview

ATOME Energy PLC  (AIM: ATOM) is targeting green hydrogen and ammonia production with over 500-megawatt of projects in Paraguay and Iceland, through its subsidiaries ATOME Paraguay, which is wholly owned, and Green Fuel ehf, in which ATOME Energy holds a 75 per cent interest, respectively.

Since its admission to AIM in December 2021 ATOME has signed its first electrolyser purchase order for its hydrogen transport Mobility Division due to start generating revenue in 2023 and signed a large scale 120MW power purchase agreement with ANDE, the state energy company in Paraguay for production of green hydrogen and ammonia targeted to start operations at or around end 2024.

ATOME is in the process of operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners, including signed memoranda of understanding and cooperation agreements in place with key parties, to use electricity generated from existing geothermal sources in Iceland and hydroelectric power in Paraguay. All chosen sites are located close to the power and water sources and export facilities to serve significant domestic and then international demand.

The Company is supported by major shareholders including Peter Levine, Trafigura, one of the world’s leading commodity and logistics company, and Schroders, a leading fund manager.

www.atomeplc.com

Directors

  • Peter Levine (NE Chairman): Largest shareholder of impeial Energy, overseeing its $2.4bn sale in 2009. Ex Chariam Severfield Rowen.
  • Olivier Mussat (CEO): Joined ATOME from being CIO of Global Energy at the IFC, part of the World Bank.
  • James Spalding (Exec Dir): Former Ambassador of Paraguay to the US.
  • Robert Sheffrin (FD): Former Director of the UK Business Angels Association.
  • Nikita Levine (Bus Development Director): Head of IR at Molecular Energies PLC
  • Mary-Rose de Valladares, Richard Day (NED’s):

Financials

Balance Sheet12 months
30 Dec 2022
£~000
12 months
31 Dec 2021
£~000
Cash 3,4521,865
Total Assets6,6208,271
Total liabailities1,6492,635
Total equity4,9715,636

Major Shareholders

Directors

  • Peter Levine – 20.4%
  • Olivier Mussat – 3.95%
  • Mary-Rose de Valladares – 0.33%
  • Robert Sheffrin – 0.24%
  • James Spalding – 0.26%
  • Nikita Levine – 0.25%
  • Richard Day – 0.07%

Others

  • Molecular Energies PLC – 20.5%
  • Alpha Oil Invest GmbH – 10.4%
  • PLLG Investments Limited – 9.9%
  • Urion Holdings (Malta) Limited – 5.5%
  • Schroders Investment Management Limited – 5.2%
  • Clean Power Hydrogen PLC – 3.9%
  • CFT Ventures – 2%

Media Coverage

Midas Share Trips (Sep 2023)

“Atome Energy has developed a way of making zero-carbon fertiliser at scale, using hydro-electric power, water, air and limestone. The company listed on AIM at 80p in December 2021, the shares are 82.5p today and should move rapidly higher as the business moves closer to commercial production.”

Macro Indicators

Ammonia Market – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030 (Feb 2023)

The global ammonia market size was exhibited at USD 78.26 billion in 2022 and is projected to surpass around USD 129.63 billion by 2030, growing at a CAGR of 6.51% during the forecast period 2022 to 2030…. Globally expanding agricultural activity is the main factor boosting the ammonia market…The Asia-Pacific is acknowledged as being the world’s largest and fastest market expanding in the world.

    Submit your details to be kept up to date with announcements regarding ATOME Energy PLC

    We have a strict data protection policy and will not share your details with external parties.