In Paraguay, the construction of the Villeta Green H₂ fertiliser plant, based on green hydrogen, is planned. Once completed, it will produce around 260,000 tonnes of low-carbon calcium ammonium nitrate per year. The green hydrogen used will be generated entirely from renewable energy sources.
During the construction and operational phases, the project is expected to create more than 5,000 new direct and indirect jobs.
The European Investment Bank (EIB), through its development arm EIB Global, will finance the project with up to USD 95 million. The project is being developed by the UK-based company ATOME PLC, which has managed all phases of planning and development from the very beginning.
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Once completed, the project is expected to become one of the first industrial-scale fertiliser plants using green hydrogen outside the European Union, and the largest in the world when it begins operations.
The project is part of the wider Global Gateway initiative, through which the European Union strengthens its strategic partnership with Latin America and supports sustainable development and innovation in the region. In addition to environmental benefits, the project will also enhance regional competitiveness and the diversification of the fertiliser market, particularly for major agricultural hubs in Brazil and Argentina.
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