• Delorean executes $14.5M project finance documentation with NAB
• Funds to support construction of the SA1 Salisbury Bioenergy Project
• Refinances $14.5M of Delorean's existing $37M corporate finance package

Delorean Corporation Ltd has executed project finance documentation with National Australia Bank Limited (NAB) for loan facilities of $14.5 million to support the construction of the SA1 Salisbury Bioenergy Project in South Australia. The NAB asset finance and trade facilities will fund the acquisition of capital plant and equipment for the SA1 project, which is located in Edinburgh Parks, South Australia. The NAB project finance facilities will refinance $14.5 million of Delorean's existing $37 million corporate finance package with Tanarra Restructuring Partners, enabling Delorean to redirect the Tanarra funds towards the delivery of its next shovel-ready bioenergy projects nationally. Securing this NAB facility demonstrates Delorean's ability to access lower-cost debt for its project financing requirements while maintaining flexibility to redeploy corporate debt into early construction of its broader project pipeline. The construction of SA1 remains on schedule, with first renewable biomethane expected to be exported into the gas network in April 2026. This milestone with one of Australia's major banks is expected to be the first step in a broader relationship with NAB, across Delorean's clean energy infrastructure portfolio through the potential provision of direct project-level debt.

Delorean expects to generate up to 210 TJ of renewable natural gas (biomethane) per year from the SA1 project, with first renewable biomethane exported into the gas network in April 2026.

Delorean and NAB will work together over the next 12 months to finalise a longer-term NAB debt facility for the SA1 project, positioning Delorean to deliver multiple owned and operated projects in parallel as demand for renewable gas in Australia rapidly increases.