- CEO
- Colm James Cloonan
- Full Time Employees
- 20
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- 210 Alice Street Brisbane QLD Australia 4000
- IPO Date
- Apr 9, 2013
- Business
- Tlou Energy Limited (ASX:TOU) develops power solutions in Sub-Saharan Africa through coalbed methane (CBM) gas-fired power, solar power, and ancillary projects including data centres; core activities encompass exploration, evaluation, and production of CBM gas from the flagship Lesedi Gas-to-Power Project, electricity generation for sale into Botswana's national grid under a 10MW Power Purchase Agreement with Botswana Power Corporation, gas gathering and transmission infrastructure, and hybrid energy initiatives such as solar integration and compressed natural gas storage. The company operates across Botswana's Central District with a 100% owned 40 square kilometre mining licence at Lesedi valid until 2042, complemented by an extensive exploration portfolio spanning approximately 8,000 square kilometres including the adjacent Mamba project (4,500 square kilometres across five licences) and Boomslang licence (1,000 square kilometres); it targets Botswana's power market and the broader Southern African Power Pool, serving utilities, data centres for artificial intelligence and blockchain computing, and potential industrial customers while addressing regional energy shortages through cleaner alternatives to imported coal and diesel power. Founded in 2009 and headquartered at 210 Alice Street, Brisbane, Queensland, Australia, Tlou Energy maintains operational facilities in Botswana including a state-of-the-art camp with workshops, accommodation, and a helipad; the company lists on the ASX (TOU), BSE (TLOU), and formerly AIM. Recent developments include a binding agreement with Kala Data FZCO for a high-performance containerised data centre at Lesedi powered by onsite CBM gas, with construction advances such as a completed gas gathering pipeline from Lesedi 4 well, facility delivery, and first operations targeted for October 2025 under profit-sharing terms starting at 25% for Tlou rising to 50% post-loan repayment; progression of a 1MW solar project to support the data centre with plans for grid-connected expansion; near-completion of critical infrastructure with the Lesedi substation over 90% built and a 100km 66kV transmission line to Serowe substation virtually finished providing 25MW capacity; sustained gas production from appraisal wells Lesedi 4 and Lesedi 6 with ongoing dewatering, clean-outs, and third-party optimisation reviews ahead of additional drilling campaigns; equity raisings totalling A$995,787 in August 2024 from directors and investors; an indicative term sheet for a BWP 76.5 million (A$8.5 million) mezzanine debt facility from a Botswana investment firm subject to due diligence; and board changes with appointments of Ian Campbell as Non-Executive Chairman and Allan Sullivan as Non-Executive Director in March 2025, Martin O. Gabobake as Non-Executive Director in July 2025 nominated by Botswana Public Officers Pension Fund, and resignations of Anthony Gilby as Managing Director in May 2025 alongside Hugh Swire and Martin McIver in July 2025.