Wildfire Energy

Transaction Summary

Investment Highlights

Company Overview

Company Purpose

Wildfire Energy’s purpose is to create a more sustainable planet by converting residual biomass and wastes destined for landfill into higher-value renewable energy products such as electricity and hydrogen and biofuels, with net negative emissions.

Global solid waste generation is over 2 billion tonnes annually and responsible for over 5% of global greenhouse gas emissions. Wildfire Energy’s MIHG technology is specifically engineered to process a wide range of wastes, reduce emissions, support recycling and achieve a more circular and sustainable economy.

Problem

The world generates over 2 billion tonnes of waste annually, generating over 5% of global emissions. Most of this waste ends up in landfill, or worse is left in open dumps, where it breaks down releasing methane directly into the atmosphere and causing pollution of soil and water.

Recycling still generates residual wastes and there are large quantities of under-utilised residual biomass from agriculture and farming. At the same time there is a great demand for low-cost renewable energy and hydrogen to decarbonise industry.

Solution

Wildfire Energy is commercialising the MIHG technology which has been specifically designed to process difficult solid waste residuals into energy products at distributed scale. The MIHG technology uses a revolutionary batch process for gasification of biomass and residual wastes which utilizes a unique horizontal configuration with a moving injection point, which enables economical small-scale distributed processing of these waste residuals for the first time.

The initial MIHG commercial offering is a containerised and modular plant that can be configured to process a wide range of wastes into a combination of electricity, renewable heat and hydrogen.

Competitive Advantage

The MIHG technology has many key competitive advantages. The below features drive a low-cost design that is suitable for a wide range of applications:

Market Opportunity

Products & Services

Wildfire’s main product is the MIHG (Moving Injection Horizontal Gasification) technology, which has been patented in Australia, USA, China and Europe. This is a platform technology, developed to convert wastes destined for landfill into renewable energy products such as hydrogen and electricity.

The first commercial product is a modularised design to process a wide range of waste feedstocks into electricity and hydrogen. Wildfire is already working on scaled-up reactors for several customers, such as Calix, to decarbonise the global cement and lime industries.

As part of its technology offering, Wildfire provides the following services:

Transaction Overview

Series A Fundraising

Raising US$10M to:

• Build and operate first commercial project at Bulwer Island
• Develop pipeline of own customer projects
• Expand team and enter USA, Europe and Asia over time
• Develop new offerings for green methanol and SAFF

Binding commitment - US$4M from Lead Investor

Soft commitment - US$3M

Team

Management

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