Delorean Corporation Ltd (ASX:DEL)’s Hamish Jolly speaks with Proactive’s Andrew Scott about the company’s contract it has with Yarra Valley Water to deliver its $45 million bioenergy facility.
The vertically integrated renewable energy company will see Delorean design, build, operate and maintain a food waste energy facility at Yarra Valley Water’s Lilydale Sewage Treatment site in Victoria. The contract includes operations and maintenance by Delorean for a two-year period, totalling $7.3 million.
Jolly explains the long list of infrastructure build projects Delorean has in the pipeline, with financing for those projects to be announced shortly.
The company is well financed, but adding annuity-based income streams will take it to another level and create predictability around earnings.
Finally, Jolly speaks to the growing demand of green gas and Delorean’s role in meeting that demand.