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Delorean Corporation Limited (ASX:DEL)

ALERT: Price-sensitive ASX Announcement for DEL
Current share price for DEL : $0.099 -0.046 (-31.72%)+
Announcement
Release
27 Oct 2025 9:13AM
Price at Release
$0.145
Full Release
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Summary
Delorean Corporation Limited has announced the commencement of the Operations & Maintenance (O&M) phase at the Yarra Valley Water's Lilydale Bioenergy Facility in Victoria, Australia. This follows the practical completion of the facility's $53 million construction, which will process approximately 55,000 tonnes of organic waste annually to generate over 39,000 kWh of renewable electricity per day. The facility also aims to reduce COâ‚‚ emissions by around 24,700 tonnes annually. This is the fourth commercial-scale bioenergy facility completed by Delorean across Australia and New Zealand, providing a revenue base while the company advances its first Build-Own-Operate facility in South Australia.
Key Points
  • Commencement of O&M phase at Yarra Valley Water’s Lilydale Bioenergy Facility.
  • Contract valued at approximately $8 million over two-and-a-half years.
  • Facility to process about 55,000 tonnes of food waste annually.
  • Generates over 39,000 kWh of renewable electricity per day.
  • Annual reduction of approximately 24,700 tonnes of CO2 emissions.
  • Fourth commercial-scale bioenergy facility completed by Delorean in Australia and New Zealand.
  • Supports Delorean's O&M revenue base and future BOO facility in South Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.