Delorean Corporation (ASX:DEL) has released its 2026 Sustainability Report, disclosing that its 100%-owned SA1 Salisbury Bioenergy Plant in the Northern Adelaide Food Park is now 90% complete, with waste acceptance and first gas targeted in FY2027.

Key Points

  • SA1 Salisbury Bioenergy Plant is 90% complete, with waste acceptance and first gas targeted in FY2027
  • SA1 is expected to process approximately 70,000 tonnes of commercial and industrial food waste per year and produce around 210 TJ of biomethane annually
  • The Board reached a positive Final Investment Decision on NSW1 Horsley Park in April 2026, subject to financial close on the remaining $31.6 million of construction funding
  • Delorean won the Sustainability category at the Australian Financial Review Energy Awards in October 2026
  • Zero high-risk incidents and zero lost-time or medical treatment injuries were recorded across employees and subcontractors in FY2026, with employee job satisfaction reaching 89%

SA1 Salisbury Bioenergy Plant Progress and Commercial Agreements

According to the filing, SA1 Salisbury is expected to produce around 210 TJ of biomethane per year, approximately 180 TJ of which will be injected into the South Australian gas network, and supply approximately 6,000 tonnes of biogenic CO₂ annually. The plant is estimated to reduce emissions by around 150,000 tCO₂-e per year. Binding long-term agreements are in place with Origin Energy — up to 200 TJ of biomethane per year on a take-or-pay basis for eight years from first gas — and Supagas for ten years of biogenic CO₂. The project is supported by an ARENA grant and a NAB project finance facility. SA1 has been accredited under GreenPower's Renewable Gas Guarantee of Origin program.

NSW1 Horsley Park Final Investment Decision

The filing states that in April 2026 the Board reached a positive Final Investment Decision on the NSW1 Horsley Park Bioenergy project, the company's second 100%-owned renewable gas project, subject to financial close on the remaining $31.6 million of construction funding. Co-located with Brickworks' existing manufacturing operations, NSW1 is expected to process approximately 120,000 tonnes of source-separated organic waste per year and supply more than 250 TJ of biomethane annually to Brickworks under 25-year agreements. The project is backed by $30.5 million of NSW Government and ARENA grant funding, and construction is targeted to begin once financial close is achieved.

Safety Performance and Workforce in FY2026

The filing discloses that Delorean recorded zero high-risk incidents and zero lost-time or medical treatment injuries across employees and subcontractors during FY2026, with all employees completing their targeted health and safety training. This result was achieved during peak construction activity at SA1. Employee job satisfaction reached 89%, according to the report. The company paid $4.1 million in wages during FY2026. The filing also notes that the company conducted facilitated site tours for Yarra Valley Water and at SA1 as part of knowledge sharing and workforce development activities.