Client results
LGI Limited IPO
McCullough Robertson’s Equity Capital Markets team and Resources & Renewables Industry Group has successfully advised LGI Limited (ASX: LGI) on its $25 million Initial Public Offering and listing on the ASX.
LGI specialises in the capture and beneficial use of biogas from landfills and offers a full suite of services to generate value throughout each stage of the landfill lifecycle and the subsequent conversion into renewable electricity and saleable environmental products, creating solutions for Australian Local and State Governments, and major waste management companies. The IPO provides LGI with the opportunity to invest its capital into building new power stations and expanding its portfolio of biogas and energy projects.
LGI operates within a highly regulated environment, and with the combined support of our Equity Capital Markets team and Resources & Renewables Industry Group, we guided LGI through the IPO process and provided advice within the context of this complex legislative environment.
Lead Partner, Reece Walker commented ‘it has been a privilege to guide LGI on its journey to listing on the ASX, and we look forward to continuing to work with the LGI team as they embark on this new chapter and continue to transform the renewable energy space through their hybridised energy systems.’
View the ASX Announcement here.