Horsley Park Bioenergy FID & $30.5 Million In Grants Secured

Delorean Corporation Managing Director, Joseph Oliver, provides an update on the 100%-owned NSW1 Horsley Park Bioenergy Facility following a positive Final Investment Decision. With $30.5 million in grant funding secured, the $62.1 million project represents a major milestone for Delorean and an industry-changing step for Australia.

Fully owned and operated by Delorean, the facility will supply renewable natural gas to Brickworks under a long-term offtake agreement, delivering annuity-based revenues and strengthening the Company’s position as a leader in the bioenergy sector.