Q4 FY25 Quarterly Activities Report
| Stock | Delorean Corporation Ltd (DEL.ASX) |
|---|---|
| Release Time | 31 Jul 2025, 11:54 a.m. |
| Price Sensitive | Yes |
Delorean's Q4 FY25 Quarterly Activities Report
- Transition to renewable gas production and sustainable infrastructure ownership underway
- Construction progress on major projects, including Yarra Valley Water and SA1 Salisbury Bioenergy
- Regulatory reforms support Delorean's bioenergy strategy
Delorean Corporation's Q4 FY25 report provides an overview of the company's activities and financial position. The quarter was a pivotal one, with Delorean's transition to renewable gas production and sustainable infrastructure ownership now well underway. Key highlights include the construction progress on the Yarra Valley Water project, which has reached a major milestone with all civil, structural, and equipment installation works now complete. The company's flagship SA1 Salisbury Bioenergy facility is also progressing strongly, with major earthworks complete and civil works advancing on schedule. Delorean also received a significant regulatory boost, with landmark reforms announced in Q4 FY25 that formally recognize biomethane as a natural gas equivalent and enable the use of Renewable Gas Guarantee of Origin (RGGO) certificates to reduce Scope 1 emissions. These changes provide long-awaited certainty, reduce investment risk, and support accelerated commercial project rollout. Delorean's Engineering Division continued to support the company's own projects, as well as selectively supporting the bioenergy sector with third-party projects and partnerships. The company's Infrastructure Division focused on advancing the development approval and feasibility study of the NSW1 Bioenergy Project with Brickworks, as well as investment due diligence of the QLD1 project. Delorean's Energy Retail Division stands ready for a strategic scale-up of its retail operations as the company's infrastructure assets come online.
Delorean reported a cash balance of $10.6 million as at 30 June 2025 and receipts from customers of $5.8 million for the quarter ended 30 June 2025.
In Q1 FY2026, Delorean intends to focus on advancing the NSW1 Bioenergy Project, continuing construction of the SA1 Project, securing funding for the VIC1 project, and progressing the development of the QLD1 project.