Delorean Locks in $62M Bioenergy Project With $31M Government Backing Secured
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Delorean Corporation Limited (ASX: DEL) is a vertically integrated renewable energy and waste management company headquartered in West Perth, Western Australia. The company specializes in the design, development, and operation of bioenergy infrastructure, primarily focusing on the conversion of organic waste into renewable gas and electricity using advanced anaerobic digestion technology. As a pioneering entity in the Australian bioenergy sector, Delorean provides comprehensive end-to-end solutions through its specialized business units to address the growing global demand for sustainable energy and waste reduction.
The company’s operations are organized into three primary segments: Infrastructure, Engineering, and Energy Retail. Its core business involves the engineering, procurement, and construction of site-specific anaerobic digestion plants, supported by its fabrication subsidiary, Tekpro, which manufactures specialized stainless steel tanks and structural pipework. Key assets and developments include the SA1 Salisbury bioenergy facility in South Australia and the VIC1 project in Victoria, as well as the Horsley Park Bioenergy Facility in New South Wales, which is co-developed to provide renewable gas to industrial partners.
Delorean positions itself as a strategic leader in the transition toward a circular economy by providing commercially viable waste-to-energy alternatives to traditional landfill disposal. The company’s strategic focus is on expanding its national footprint of bioenergy assets to support Australia’s broader decarbonization objectives and the rising demand for biomethane and renewable electricity. By integrating technical engineering expertise with its licensed energy retailing arm, Cleantech Energy, Delorean offers a unique value proposition to industrial clients, utility providers, and government partners seeking reliable and scalable green energy solutions.