Monday, 8 March, 2021 - 15:30
Bioenergy company launches $14m IPO
West Perth-based waste-to-energy company Delorean Corporation plans to list on the ASX in April after raising $14 million from an initial public offering.
Delorean Corporation is an Australian bioenergy company specialising in the design, build, ownership and management of bioenergy infrastructure and associated power generation and retail.
Delorean Corporation comprises a group of four vertically-integrated companies working together to deliver each stage of the bioenergy generation process. The Delorean Corporation group began with Biogass Renewables which builds bioenergy plants in Australia and New Zealand.
The business then established Cleantech Energy to retail energy for its completed projects with retail licenses both in the Wholesale Electricity Market (WEM) and the National Electric Market (NEM).
Completing the group, infrastructure developer Delorean Energy and fabricator Tekpro were established, and in 2019 all four were merged under Delorean Corporation, a vertically-integrated renewable energy generation and retail company.
In April 2021, Delorean began trading on the ASX.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
10th | Delorean Corporation | 604% | 0% |
11th | Kore Potash | 537.64% | 21.84% |
12th | Auric Mining | 460.3% | 0% |
8th | Titomic | 994.93% | -13.79% |
9th | Larvotto Resources | 630.35% | 0% |
Rank | Company | # | |
---|---|---|---|
67th | ![]() |
Delorean Corporation | $28.24m |
71st | ![]() |
Seafarms Group | $25.48m |
72nd | ![]() |
Westoz Investment Company | $24.68m |
73rd | - | Yowie Group | $22.49m |
74th | ![]() |
PYC Therapeutics | $22.06m |
Rank | Company | # | |
---|---|---|---|
12th | Busselton Water | 41 | |
13th | GenOffGrid | 35 | |
14th | Delorean Corporation | 33 | |
15th | AGL Energy | 30 | |
16th | Harvey Water | 26 |
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NEWS: Tagged in Delorean claims a first with gas pipeline distribution deal in South Australia | 10 Apr 2025 |
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NEW ROLE: Aidan Flynn, Chief Financial Officer | 26 Mar 2025 |
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NEW ROLE: Michael Phillip, Non-Executive Director | 14 Oct 2024 |
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RANKING: 16 Up from 17 in Utilities and Public Infrastructure list | 10 Sep 2024 |
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NEW ROLE: Neil Conquest, Chief Operating Officer | 09 Sep 2024 |
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NEWS: Tagged in Delorean leaves broken-down movie namesake for dust | 26 Jul 2024 |
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RANKING: 17 Down from 15 in Utilities and Public Infrastructure list | 07 Sep 2023 |
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UPDATED: Utilities and Public Infrastructure list | 28 Aug 2023 |
West Perth-based waste-to-energy company Delorean Corporation plans to list on the ASX in April after raising $14 million from an initial public offering.
40under40: In 2013 at the age of just 28, Joe Oliver co-founded what has become Delorean Corporation, an integrated group of companies advancing Australia’s emerging renewable bioenergy market.
Renewable energy generator and retailer Delorean Corporation has more than doubled its share price on its first ASX trading day.
Perth-based Delorean Corporation has struck an agreement with Clean Peak Energy to acquire its 70 per cent stake in the Salisbury Bioenergy project.
With several projects under way, the state also needs to develop markets for its recycled products in pursuit of a circular economy.
Delorean Corporation has been selected to lead the construction of one of Victoria’s largest food-waste-to-energy plants as part of a contract worth at least $40 million.
Perth Energy has more than doubled its business customer base, while Amanda Energy and CleanTech also grew their presence in the retail power market.
Delorean Corporation has booked a $7.3 million contract for operations and maintenance work on top of a $45 million bioenergy project it is set to build later this year.
Shares in Perth-based Delorean Corporation closed 33 per cent higher today after the company struck a $200 million funding deal with Palisade Impact for its bioenergy projects.
Perth-based waste-to-energy developer Delorean has struck a deal in Adelaide to become what it claims is the first Australian supplier of biomethane to connect into an existing gas network.
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