Delorean Shifts Focus After Brickworks Ends Bioenergy Project
Key points
- Brickworks has elected to no longer progress towards a Final Investment Decision on the proposed Horsley Park Bioenergy plant
- Delorean will now shift its focus to pursuing other project opportunities in NSW and take the VIC1 project into construction
- Delorean continues to progress the construction of its 100% owned SA1 project
Full summary
Delorean Corporation Ltd has received an update from Brickworks that Brickworks has elected to no longer progress towards a Final Investment Decision (FID) on the proposed Horsley Park Bioenergy plant with Delorean at Horsely Park, which the two companies had jointly developed to date, funded by Brickworks, under an integrated MOU and Master Services Agreement. Delorean will now shift its focus to pursuing its other project opportunities in NSW and to take the VIC1 project into construction. Delorean continues to progress the construction of its 100% owned SA1 project.
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