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LGI Limited (ASX:LGI)

ALERT: Price-sensitive ASX Announcement for LGI
Current share price for LGI : $2.650 -1.2 (-31.17%)+
Announcement
Release
23 Oct 2025 10:09AM
Price at Release
$3.850
Full Release
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Summary
LGI Limited, founded in 2009 as Landfill Gas Industries Pty Ltd, is a leader in biogas recovery from landfills, converting it into renewable electricity and environmental products. The company focuses on a vertically integrated model that provides diversified revenue streams through site infrastructure management, greenhouse gas abatement, and renewable energy generation. LGI is actively pursuing High Conviction Projects, focusing on expanding its operating capacity to over 80 MW in the medium term. Recent strategic initiatives include capital raising through institutional placement and a share purchase plan to accelerate project execution and enhance balance sheet capacity. LGI's efforts align with Australia’s energy transition, leveraging market opportunities in landfill gas management and electricity generation. The company is also committed to maintaining high standards in health, safety, and environmental quality, actively managing operational, market, and regulatory risks.
Key Points
  • LGI is a leader in landfill gas recovery and renewable energy generation.
  • Vertically integrated model with diversified revenue streams.
  • Plans to expand operating capacity to 80+ MW in the medium term.
  • Recent capital raise to fund High Conviction Projects and enhance balance sheet.
  • Focus on health, safety, environment, and quality in operations.
  • Strategic alignment with Australia's energy transition goals.
  • Management of operational, market, and regulatory risks.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.