29-04-2022
AGL to acquire Energy360, offering innovative and sustainable energy solutions
To support high emission industries transition to a cleaner future, AGL is set to complete the acquisition of Energy360, a provider of biogas plants for commercial and industrial customers in Australia, subject to customary conditions being met.
Energy360 is a leading provider of solutions for sustainable energy systems, by producing biogas through the break-down of residue organic materials in an oxygen-free environment, providing an effective renewable solution for commercial and industrial customers within agricultural, landfill, food processing and waste management industries.
AGL Chief Customer Officer, Christine Corbett said zero-emissions gases like biomethane have an important role to play in Australia’s decarbonisation, providing a reliable and low-emissions source of energy.
Australia’s Bioenergy Roadmap Report outlines major opportunities for biofuels in Australia, with renewable, zero-emissions gases to play a significant role in decarbonisation.
Energy360 CEO, Samantha Lamond said as Australia’s leading biogas handling company, Energy360 is excited to form a partnership with AGL’s renewable energy strategy and redefine the energy landscape in Australia.
Energy360 will form part of AGL Australia following AGL Energy’s proposed demerger this year.
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