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Exit Advisory Group
Renewable Energy

Acquired by AGL to scale Australia's bioenergy capacity

Energy360

Energy360, an Australian biogas systems provider, was acquired by AGL. The transaction aligned with AGL's strategy to meet rising demand in the bioenergy industry and contribute to a zero-carbon future.

Lead adviser: Simon Bedard

The short version

Energy360 had a strong pipeline of biogas projects but was constrained by the capital needed to deliver them. Exit Advisory Group ran an acquisition process targeting partners with both the balance sheet and the execution capability. AGL acquired the business as part of its renewable energy strategy.

Deal facts

Industry
Renewable energy: bioenergy and biogas
Location
Australia
Deal type
Strategic trade sale
Acquirer
AGL, an ASX-listed energy major (strategic)
Lead adviser
Simon Bedard
VALUE360™ dimension
Growth System

Client

The business

Energy360: an Australian provider of biogas solutions, with a strong pipeline of large infrastructure projects and a clear position in a bioenergy market projected to expand significantly over the next decade.

Challenge

The challenge the owners faced

Large infrastructure projects need substantial capital. Energy360 had the pipeline and the technical capability, but its growth was constrained by its balance sheet.

The owners decided to look for a partner with the financial capacity and the execution experience to deliver the pipeline at scale, and engaged Exit Advisory Group for M&A advisory.

Approach

What Exit Advisory Group did, through the Growth System dimension of VALUE360™

We targeted acquirers that could provide both the financial backbone and the operational capability to execute the project pipeline. AGL, with its strategy to expand its renewable energy portfolio, emerged as the right fit.

Both businesses shared the same goal of making a significant impact in the biogas field. With Exit Advisory Group steering negotiations, the structure agreed reflected the long-term pipeline opportunity rather than a snapshot valuation.

Read more about the VALUE360™ framework we use to assess and lift transferable business value.

Outcome

Acquired by AGL, one of Australia's largest energy providers

AGL acquired Energy360 to enhance its sustainable business solutions and contribute to a zero-carbon future. The bioenergy industry is projected to expand significantly in Australia over the next decade, and the acquisition positioned both businesses to meet that demand at scale.

Timeline

How long it took

Process run end-to-end by Exit Advisory Group.

We would like to thank the team at Exit Advisory Group, in particular Mark Levitt and Simon Bedard for helping us navigate this transaction and achieve a successful outcome for all parties. We couldn't have done it without the Exit Advisory Group team.

Client, Energy360

Services used

How Exit Advisory Group helped

Common questions

Questions owners ask about this deal

Why AGL?
AGL had the balance-sheet strength and the operational capability to execute Energy360's pipeline at scale. The acquisition fit AGL's strategy of expanding its renewable energy portfolio and gave Energy360 the platform it needed for the next phase of growth.
What was the rationale for selling rather than raising capital?
The pipeline was large enough that delivering it required both financial backbone and execution experience. A strategic acquirer brought both, and aligned the two businesses' goals in the bioenergy market in a way a pure capital raise could not.

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Last updated . Case studies are reviewed at least quarterly; figures are taken from the original engagement and have not been embellished.