Costa Rica

Atome Energy announces new green ammonia JV focusing on Central America and Caribbean

International green hydrogen and ammonia production company, Atome Energy, has announced a new joint venture developing green ammonia and fertiliser projects with the focus on Central America and the Caribbean.
Atome Energy announces new green ammonia JV focusing on Central America and Caribbean
An ammonia plant in Paraguay.

The company is currently involved in large scale projects in Europe and South America as well as hydrogen mobility projects. It has now entered into a joint venture with Cavendish, the renewable energy arm of Grupo Purdy S.A., one of the largest corporations in Costa Rica.

Atome and Cavendish have established a new enterprise, National Ammonia Corporation S.A (NAC), owned equally with Cavendish and headquartered in San Jose, the capital of Costa Rica, and which has a mandate to develop projects across Central America and the Caribbean with its initial focus in Costa Rica.

Costa Rica is a democratic country and open economy and one of the greenest countries in the world. The country has a 99 percent penetration of renewable electricity and a strong agriculture sector which is one of the highest fertiliser consumers per hectare on the planet.

Cavendish, led by its CEO Silvio Heimann, is one of the the leading participants in the infant green hydrogen market in Costa Rica with complimentary aims and objectives to Atome. The objectives of NAC align with Atome which is focused on countries with renewable power resources and capabilities combined with access to both domestic and international end markets. Costa Rica’s favourable position with ports on both the Atlantic and Pacific only separated by some 200 kilometres of landbridge make the country a logistically excellent location.

Through NAC, Atome aims to capitalise on its capability to roll out its large scale hydrogen and ammonia production model now being implemented in Paraguay. In this regard, material and constructive discussions are already taking place with relevant stakeholders in the areas of focus for NAC.

“With the Villeta Project in Paraguay, we have taken a significant industry lead that we are able to roll out and replicate under the right conditions” said Olivier Mussat, CEO of Atome. “Our partnership with Cavendish, a company established by the founders and owners of Grupo Purdy, offers Atome a very attractive opportunity with a strong local partner to accelerate the development of a pipeline of international scale projects with strong local demand for green fertilisers.”

For additional information:

Atome Energy

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