Latest Sustainable Infrastructure News

Service Stream Limited reported solid FY25 results highlighted by double-digit profit growth, a strengthened balance sheet, and a significant increase in contracted works, setting the stage for continued momentum in FY26.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.

LGI Limited reported a 14% rise in FY25 EBITDA to $17.4 million, driven by operational growth and expanded renewable capacity. The company also secured a landmark 15-year contract to build and operate a 12MW/24MWh battery system at the Belrose landfill site in NSW.

AGL Energy has greenlit a major $800 million investment in a 500 MW grid-scale battery in New South Wales, marking a significant step in its clean energy transition.

The Environmental Group Limited (ASX – EGL) has landed a $1.9 million contract to design and build its inaugural PFAS treatment plant, marking a key milestone in commercialising its proprietary environmental technology.

Meridian Energy has won shareholder approval to acquire NZ Windfarms, paving the way for a landmark repowering of the Te Rere Hau wind farm that could multiply renewable output sevenfold.

Infragreen Group Limited has launched a $40 million initial public offering to accelerate growth in sustainable infrastructure across Australia and New Zealand, while strengthening its balance sheet through significant debt repayment.

Southern Cross Electrical Engineering’s Heyday subsidiary has landed over $70 million in new project awards, including critical infrastructure works at Western Sydney Airport and a major Sydney data centre.

MPower Group has struck a deal to sell nearly all its renewable energy assets to Wollemi Energy Group for about $19 million, unlocking significant shareholder value and setting the stage for a strategic reset.

Verbrec Limited has landed over $11 million in new engineering and construction contracts, boosting its outlook for a solid profit in H2 FY2025 amid easing project deferrals.

EQ Resources has secured an extension of credit facilities from its major shareholder Oaktree, ensuring continued operations at its flagship Barruecopardo tungsten mine in Spain through 2025. The company is also actively restructuring its debt to strengthen its financial position amid improving production and market conditions.

Carnegie Clean Energy has signed a Memorandum of Understanding with Chugachmiut to explore deploying its CETO wave energy technology in Southcentral Alaska, aiming to provide clean, affordable power to Native communities.