Optimal Renewable Gas receives grant to convert agricultural waste into gas fuel

By Global Infrastructure Sherpa · Feb 20, 2026

Financing Renewable Energy announced Griffith, Australia Feb 20, 2026

USD52M

Deal Value

Optimal Renewable Gas in Griffith will receive $20 million to convert agricultural organic waste from farms into a gas fuel. The gas can be used for gas heating and power generation.

Deal Analysis

Optimal Renewable Gas in Griffith, Australia, is set to receive a $20 million grant from the NSW Government to convert agricultural organic waste into gas fuel suitable for heating and power generation. This financing deal aims to support the development of renewable energy infrastructure and promote sustainable waste management practices. The involvement of Tyree Transformers, a manufacturer of power and distribution transformers, as an investor suggests a potential integration of the gas fuel into existing electricity infrastructure. This deal is notable for its focus on converting agricultural waste into a usable energy source, contributing to both renewable energy production and waste reduction. The funding from the NSW Government underscores the government's commitment to supporting renewable energy projects and fostering a circular economy. The success of this project could serve as a model for similar initiatives in other agricultural regions, potentially driving further investment in the renewable gas sector.

A $20 million grant from the NSW Government.
Conversion of agricultural waste into gas fuel for heating and power generation.
Involvement of Tyree Transformers as an investor, potentially linking gas fuel production to existing electricity infrastructure.
Focus on a circular economy by utilizing agricultural waste.

Market Context: The renewable energy sector in Australia is experiencing growth, driven by government incentives and increasing demand for sustainable energy sources. This deal contributes to the diversification of the energy mix and addresses the challenge of managing agricultural waste.

Source Intelligence

KEY DETAILS

The investment is part of the NSW Government's Net Zero Manufacturing Initiative, a $480 million push to help fast-track emissions reductions and build the technologies that we need to further our renewable transition. "This is part of a $480 million investment to help NSW industries lead the clean energy transition and create skilled manufacturing jobs in our regions."

“

Deal Size

The Minns Labor Government is investing $52 million to supercharge NSW's renewable manufacturing sectors, unlocking more than 100 construction jobs and 67 ongoing positions.

“

Location

Optimal Renewable Gas in Griffith will receive $20 million

“

Announcement

20 Feb 2026

PARTIES MENTIONED IN SOURCE

Optimal Renewable Gas developer

"Optimal Renewable Gas in Griffith will receive $20 million to convert agricultural organic waste from farms into a gas fuel."

Hiringa Energy developer

"Hiringa Energy near Moree will receive $9.4 million to expand the production of their low carbon ammonia fertiliser, to be used on cotton farms."

Hiringa Refuelling Australia developer

"Hiringa Refuelling Australia will receive $778,000 to help create hydrogen refuelling stations which aim to replace diesel in heavy vehicles - an important step towards building a green freight corridor between Sydney and Southeast Queensland."

Tyree Transformers developer

"Tyree Transformers will receive $22 million to build their transformers, which stop us from losing energy while its being transported from our solar and wind farms."

medium quality Enriched Feb 22, 2026