LGI Limited (ASX: LGI) reported strong growth in H1 FY25, driven by increased renewable electricity generation and operational efficiency. Availability levels remained high at 98%, supporting 50 GWh of renewable electricity generation. The company continues leveraging energy volatility through its battery rollout and proprietary DACS system. Notably, LGI’s Bunya power station achieved 72.6% above the AEMO average electricity price in its first full year.
LGI expanded its biogas and contracted sites, commissioning a 20MW grid interconnection and adding 37 new gas wells to its collection system. The company maintains a robust development pipeline, with projects like Mugga Lane and Eastern Creek advancing. Industry recognition remains strong, with awards from WRIQ, IPWEA, and SIM-PAC. Looking ahead, LGI reconfirmed its FY25 EBITDA growth guidance of 12%-15%, reinforcing its commitment to innovation, sustainability, and energy transition.
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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.
