Commencement of O&M Phase at Yarra Valley Water
| Stock | Delorean Corporation Ltd (DEL.ASX) |
|---|---|
| Release Time | 27 Oct 2025, 9:13 a.m. |
| Price Sensitive | Yes |
Delorean Commences O&M Phase at Yarra Valley Water Bioenergy Facility
- Commencement of $8 million, 2.5-year O&M contract at Yarra Valley Water's $53 million Lilydale Bioenergy Facility
- Facility to process 55,000 tonnes of food waste annually, generating over 39,000 kWh of renewable electricity per day
- Annual reduction of ~24,700 tonnes of CO₂ emissions
Delorean Corporation Limited (ASX: DEL) has announced the commencement of the Operations & Maintenance (O&M) phase at Yarra Valley Water's Lilydale bioenergy facility in Victoria, following the achievement of practical completion on the $53 million construction project. This milestone marks the delivery of Yarra Valley Water's second bioenergy facility and reinforces Delorean's proven capability in delivering large-scale renewable energy infrastructure. The Yarra Valley Water Lilydale facility will process 55,000 tonnes per annum of organic waste through anaerobic digestion to produce renewable baseload electricity, supplying Yarra Valley Water's adjacent sewage treatment plant and recycled water pump station, with surplus exported to the grid. The facility also produces a biofertiliser by-product to be repurposed for agricultural land use. Key outcomes include processing approximately 55,000 tonnes of food waste each year, generating more than 39,000 kWh of renewable electricity per day, and achieving an annual reduction of around 24,700 tonnes of CO₂ emissions. The O&M contract is valued at approximately $8 million over the initial two-and-a-half-year term.
Delorean expects the Yarra Valley Water Lilydale Bioenergy Facility to generate over 39,000 kWh of renewable electricity per day and achieve an annual reduction of around 24,700 tonnes of CO₂ emissions during the initial two-and-a-half-year O&M contract period.