The company was formed in December 2015 following the purchase of the Iona Gas Plant operations from Energy Australia by a QIC led consortium as a standalone energy business, complete with an experienced Board and Management Team.
The company holds a strategic position in the Eastern Australian Gas market, servicing the Victorian and South Australian markets and the Mortlake Power Station.
The plant itself has been in operation since 1999 and boasts high reservoir quality, consistent profitability and an excellent Health Safety & Environment (HSE) record. View our Health, Safety, Sustainability and Environment (HSSE) Policy here.
It has a proven track record of high plant reliability and a strong culture of customer service. The company’s key stakeholders are employees, customers, suppliers and investors – each reflected in the circles within the company logo, their interconnectedness indicating the interdependence of all four.
Committed to operational excellence, customer outcomes and a strong safety culture, Lochard Energy is a solid business partner and dependable member of the community. Our conduct is guided by our principles of integrity and performance which are underpinned by our six values: safety first, operationally outstanding, customer focused, united team, trust and leadership.
Lochard Energy does not undertake exploration drilling activities. Therefore is not subject to the existing Victorian Government moratorium under the Petroleum Act 1998 (Petroleum Act) and the Mineral Resources (Sustainable Development) Act 1990 (MRSDA).