Biogas, renewables company LGI readies IPO, taps two brokers

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Australian waste-to-energy company LGI has set its sights on an initial public offering and ASX-listing, calling in stockbrokers to help put together a deal valuing it at more than $100 million.

Street Talk can reveal LGI, based in Queensland, plans to be in front of listed equities investors as early as next month, seeking a listing and funds to help grow the business.

The company has considered a handful of ways it could fund growth, including an IPO. It has appointed Bell Potter Securities and Morgans to ramp up the float preparations and oversee the mooted offer.

 

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