ATOME has selected Casale S.A. as the sole EPC provider for the 145 MW Villeta green ammonia project in Paraguay, according to a financial filing.
Drawing on the expertise and in country knowledge of ATOME’s own team, Casale will employ specialist sub-contractors with experience in Paraguay and South America to support development of the facility.
In conjunction with the nomination of EPC contractor and to strengthen the management’s core engineering expertise, the Company is pleased to announce that it has appointed Sam Mackilligan BEng MBA to the non-board position of Head of Engineering and Project Management at ATOME with immediate effect.
Sam has over 35 years of experience directing and delivering large-scale and first of a kind infrastructure and energy projects. Prior to joining ATOME, Sam was the Director of Hydrogen for Europe at AECOM, ATOME’s current Owner’s Engineer, a Fortune 500 engineering consultancy, and acted as project director for several major energy transition projects for clients such as Air Products and BP. Sam was ATOME’s relationship lead at AECOM.
Project finance for the Villeta Project continues to make good progress for what is expected to be a world-first project of its kind, with care being taken especially as the Company is determined that the eventual structure delivers material upside for shareholders. In this regard, the Company continues to have positive discussions with equity and debt providers for inclusion in the second round of the negotiations which will lead to the final selection of funding partners and completion of the project financing.
The Company is pleased to report that indicative project debt costs have come in below original expectations due to the project’s best-in-class development approach, strong partnerships, and climate impact. This stands ATOME in good stead in its continuing discussions with the equity providers. The Company anticipates that a further announcement on this will be provided during the course of the next month.
