LGI Limited: Driving Sustainable Growth with Expanding Biogas and Energy Capacity.

Nov 20, 2024

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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