Delorean Corporation Ltd (AU:DEL) has released an update.
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Delorean Corporation Ltd is making strides in the bioenergy sector, having secured a $30 million funding agreement to support its first build, own, operate bioenergy project. The company is actively advancing several projects, including the $53 million Yarra Valley Water food waste to energy project and the SA1 Project, with plans to finalize investments soon. With a strong cash balance and growing demand for renewable natural gas, Delorean is well-positioned to capitalize on the scarce renewable gas market.
For further insights into AU:DEL stock, check out TipRanks’ Stock Analysis page.