BINGO and LGI Limited have today announced a 15-year landfill gas agreement for BINGO’s Eastern Creek landfill site.
As part of the agreement, ASX-listed renewable energy and carbon abatement company LGI Limited will install, own and operate a 4MW renewable energy power station on BINGO’s Eastern Creek landfill site.
LGI will install additional gas extraction infrastructure to recover landfill gas to fuel the power station, helping BINGO achieve its decarbonisation goals.
This project will enhance BINGO’s earlier investment of around $5 million in landfill gas infrastructure, and ability to capture the gas generated from the landfill. It will also help improve environmental outcomes for residents and neighbours surrounding our Eastern Creek site.
BINGO CEO Chris Jeffrey said the agreement with LGI forms an important part of the company’s decarbonisation plan.
“We have a very clear decarbonisation pathway in place, and the production of renewable energy from our landfill is a key part of this.
“The agreement with LGI will enable us to put the gas to a more beneficial use, while reducing our emissions and achieving circular outcomes.
“It will also see us produce renewable energy which will be used to power our Eastern Creek Ecology Park and broader NSW network, as well as feeding surplus renewable electricity into the National Electricity Market (NEM).”
In addition to improving environmental outcomes for the community, this project will greatly reduce BINGO’s emissions footprint at Eastern Creek.
The power station is expected to be generating energy by late 2024, with a potential future expansion option under consideration.
Please find LGI’s ASX release here.