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Atome Energy PLC ( (GB:ATOM) ) just unveiled an announcement.
Atome Energy PLC has announced the creation of ATOME POWER, a new renewable power generation and infrastructure division aimed at providing a stable and independent income stream with significant growth prospects. The first project under this initiative is a utility-scale solar plant with up to 400MW capacity near its green fertilizer facility in Villeta, Paraguay. This move positions ATOME as a significant independent power producer in Paraguay, diversifying the country’s renewable energy sources and potentially offering long-term power solutions for third-party users, thereby enhancing its market presence and stakeholder value.
The most recent analyst rating on (GB:ATOM) stock is a Buy with a £1.30 price target. To see the full list of analyst forecasts on Atome Energy PLC stock, see the GB:ATOM Stock Forecast page.
More about Atome Energy PLC
Atome Energy PLC is a leading developer of international green fertilizer projects. The company is expanding its operations by establishing ATOME POWER, a new renewable power generation and infrastructure division, focusing initially on delivering power as a service in Latin America.
Average Trading Volume: 78,020
Technical Sentiment Signal: Hold
Current Market Cap: £19.41M
For a thorough assessment of ATOM stock, go to TipRanks’ Stock Analysis page.