Barclay Pearce Capital
- Jul 4, 2024
- 2 min read
LINE Hydrogen - Corporate Showcase Episode 17
Follow Barclay Pearce Capital and LINE Hydrogen as they discuss LINE Hydrogren's company introduction and project overview. Watch the interactions between; Casey Portors, the Senior Associate of Corporate Finance from Barclay Pearce Capital, and, Gina Bozinovski, the Managing Director and CEO of LINE Hydrogen.
Read the Conversation:
I'm here with Gina Bozinovski, the Managing Director and CEO of LINE Hydrogen, which is developing commercial-scale green hydrogen projects in Australia. They're currently raising capital to advance their key projects and are working towards a listing on the London Stock Exchange later this year. Gina, what are the three key points you would like the market to know about LINE?
So, what drives LINE Hydrogen is that we aim to be the highest-returning green hydrogen producer in Australia. We'll achieve this through our vertically integrated business model, which features production, distribution, and downstream utilization. And that business model is being used in Tasmania, and it'll be replicated and rolled out across Australia.
So, if there's three points I can leave your investors with, it's firstly, We're vertically integrated, we're first to market with green hydrogen at commercial scale, and we will prove and replicate the business model across Australia and internationally. LINE Hydrogen has a few projects in the pipeline, however the first to market and the focus is Georgetown in Tasmania.
Gina, could you just elaborate and give Hydrogen's strategy? So, Georgetown will be in production by the end of this year. We are co locating with a solar farm literally on site with our partner Climate Capital, and we've developed really strong partnerships throughout the state, both in terms of refueling and distribution with Bonney Energy, which is a subsidiary of Ampol.
We expect to be in term sheet on supply and distribution of green hydrogen throughout the state, uh, very shortly. We also have partners in the heavy vehicle transport sector that we'll be working with to ensure that there's an offtake market as well. So we're not just developing the production side of it.
What really sets us apart is that we're developing that end use and market demand as well. I think another thing I'd really like to highlight is the fact that you've also received a 5 million grant from the federal government. I see this as strong validation of the work to deliver commercial scale projects across Australia.
For anyone who'd like to learn more about LINE Hydrogen and the investment opportunity. Please click on the link in the description or reach out to us.
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