Who are the executives of Atome, the firm that could access cheaper energy for 15 years?

A significant investment of $665 million is planned for a green fertilizer plant in Villeta, Paraguay, by the British investment firm Atome PCL. However, the project's viability hinges on a crucial condition: securing a preferential electricity tariff from the national power company, ANDE, which would be frozen for 15 years.

Atome PCL's leadership, including Chairman Peter Levine, Director of Business Nikita Levine, and CEO Olivier Mussat, met with Paraguayan President Santiago Peña in July 2025 to present their proposal. This meeting highlighted the project's potential scale and the government's engagement.

Peter Levine's background reveals past involvement in Paraguay and Argentina's energy sectors. He previously served as general manager for President Energy PLC, a company that, during the Horacio Cartes administration, obtained concessions for oil exploration in the Chaco region of Paraguay. Despite initial expectations of significant oil reserves, further drilling faced delays. Levine also chaired President Petroleum, a British oil company that operated in Argentina and filed for bankruptcy in August 2025 due to financial and operational crises. This bankruptcy led to asset freezes and travel bans for Levine in Argentina, imposed just a month after his meeting with President Peña. President Petroleum also faced accusations of environmental negligence for abandoning an oil spill at one of its wells.