Business · Companies · 1 hr ago
Delorean signs non-binding $20m financing agreement with Westpac
Delorean has entered a non-binding financing agreement worth $20 million with Westpac.
The funding is intended to support construction of the NSW1 Horsley Park Bioenergy Project in New South Wales, Australia.
The project aims to turn organic waste into renewable gas.
The gas is intended for one of Australia’s biggest brick manufacturers.
The agreement is non-binding, so it does not establish that the financing is final.
The project’s planned use of waste could supply renewable gas to an industrial customer.
The available information does not say when construction will be completed or what happens next.
Delorean signed a non-binding financing agreement worth $20 million with Westpac.
The agreement is intended to support construction of the NSW1 Horsley Park Bioenergy Project.
The project aims to turn organic waste into renewable gas.
The renewable gas is intended for one of Australia’s biggest brick manufacturers.
- Who
- Delorean and Westpac.
- What
- They signed a non-binding financing agreement worth $20 million.
- When
- The agreement was reported on October 13, 2026.
- Where
- The project is at Horsley Park, New South Wales, Australia.
- Why
- To support construction of the bioenergy project and help turn organic waste into renewable gas for one of Australia’s biggest brick manufacturers.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Agreement value
- $20 million
- Financing parties
- Delorean and Westpac
- Project
- NSW1 Horsley Park Bioenergy Project
- Project location
- Horsley Park, New South Wales
Sources
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