Tesla Owners viewed alternative energy mining from waste disposal facilities by LGI in this Brisbane facility.
Teslas at the Bracken Ridge Tavern, ready for a trip to the alternative energy site. Photo courtesy Majella Waterworth.Bunya Biogas to Renewable Power Project
Matthew and I sat down later for an informal interview about the ongoing work of LGI. I asked him what has changed in the last 12 months for LGI. Possibly the most significant event is that that LGI is now listed on the ASX. The listing brings much needed capital to expand the projects in the pipeline. He explains that LGI is in a capex-heavy industry. Initially listing at $1.50 per share, its current value is 30% higher. The market has confidence in LGI’s business plan.
The LGI project in Toowoomba is a little different. The power generated is used by the Toowoomba Regional Council to run its. Matthew tells me that LGI had to innovate and learned a lot in the process. Directional drilling under the railway line was required for LGI to run the gas pipeline from the landfill to the power plant built next to the water treatment plant. Power is then provided “behind the meter” to the Wetalla Water Reclamation Facility, offsetting ~90% of the site’s load.
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