LGI Limited’s (ASX: LGI) recent achievements and growth outlook since its IPO in October 2022, LGI Limited has signed five new sites (Bundaberg, Somerset, Lockyer Valley, Tumut, BINGO) and initiated a biogas-to-electricity project in Toowoomba, with an upgrade at Dakabin underway. Leveraging its operational base, LGI is exploring over 30 greenfield and multiple brownfield opportunities across NSW and QLD. The company’s development pipeline, backed by funding, aims to increase capacity to ~47MW, evenly split between landfill gas generation and batteries. LGI's DACS technology operates 24/7, delivering yields 20% above the NEM average for biogas and over 50% for batteries.
By enhancing site output, expanding battery strategy, and exploring incremental revenue streams, LGI is poised for long-term growth. Notably, biogas flows have risen over 35% since 2021, alongside a 20% growth in ACCUs. As LGI progresses its funded projects, it foresees significant capacity growth, reinforcing its commitment to sustainable energy solutions.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.