NKF advises Macquarie on its investment in Atlas Agro

Macquarie Asset Management has closed an up to USD 325 million investment in Atlas Agro Holding and affiliated project entities via the Macquarie GIG Energy Transition Solutions (MGETS) fund. The investment is a significant step towards enabling Atlas Agro’s expansion across the Americas and globally. It is expected to assist the company in realising its vision of providing a sustainable alternative to conventional fossil-fuel based fertiliser products, which contribute heavily to greenhouse gas (GHG) emissions.

Atlas Agro, a green nitrogen fertilizer company headquarted in Zug, is building industrial scale green nitrogen fertiliser plants in the United States and Latin America which will utilise green hydrogen in its production process, instead of conventional nitrogen fertiliser production utilising fossil fuels. It’s innovative business model will seek to produce competitive carbon-free nitrate fertilisers locally in agricultural regions.

Niederer Kraft Frey acted as Swiss counsel to Macquarie Asset Management. The NKF team was led by corporate/M&A partners Philippe Weber (pictured left) and Thomas Brönnimann (pictured right) working with senior associate Samuel Hochstrasser and associate Manuel Hirlinger (both corporate/M&A). Homburger has served as legal counsel to Atlas Agro. Allen & Overy acted as international counsel to Macquarie Asset Management.