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Delorean Advances Bioenergy Ambitions with SA1 Project FID and Strong Cash Position
8:19am on Wednesday 5th of February, 2025 AEDT
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Renewable Energy
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Delorean Advances Bioenergy Ambitions with SA1 Project FID and Strong Cash Position
8:19am on Wednesday 5th of February, 2025 AEDT
Key Points
Reached Financial Investment Decision (FID) for 100% owned SA1 Bioenergy Project
Continued construction progress on $53 million Yarra Valley Water food waste to energy project
Maintained a robust cash balance of $15.3 million as of December 31, 2024
Secured $12.85 million drawdown from Tanarra funding facility to support SA1 construction
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