ATOME Energy PLC announced an update on its Paraguay operations. The existing 120MW PPA entered into between ATOME and ANDE, the Paraguayan National Power Company, has now been increased to a total of 145MW. The enlarged PPA enables ATOME to have ample headroom to be able to deliver the 120MW Phase I Project on a 24/7 constant baseload basis as well as providing upside flexibility.

The power is immediately available from the recently built Buey Rodeo substation, less than 300 metres from ATOME's site in Villeta, Paraguay. The 145MW PPA for ATOME's totally green project is the single largest PPA granted to any industrial user in the history of Paraguay and demonstrates the ambition of Paraguay, soon to be led by its new President, Santiago Pena, to become a global leader in green industries. ATOME and ANDE have entered into a pre-PPA agreement for 300MW of power for ATOME's Phase II Paraguay Project to be based at Yguazu where there is a newly built landmark 1-gigawatt substation going through initial testing.