Origin Energy Long Term Biomethane Offtake Agreement for SA1
Summary
Delorean Corporation Managing Director, Joseph Oliver, provides an update on a binding long term biomethane offtake agreement with Origin Energy for the SA1 Salisbury bioenergy facility in SA.
Delorean has now secured ~$55 million in long-term contracted revenues for biomethane and liquid CO₂ with investment-grade counterparties, alongside further revenues from gate fees, carbon credits, and biofertiliser sales. This milestone demonstrates the bankability of our build-own-operate model, and is a major step forward in advancing renewable gas and the circular economy here in Australia.
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