Delorean Corporation Limited announced that the Company has been awarded the contract for the design, construction, operation and maintenance of Yarra Valley Water's (YVW) second food waste to energy plant at Lilydale, Victoria Delorean Corporation's engineering division will design, build, operate, and maintain the anaerobic digestion facility for Yarra Valley Water. The contract was awarded to the Company on the basis of a competitive tender with a total design and construction contract sum of $45 million. Additionally, the contract includes a two-year agreement for operations and maintenance (and an option for digestate management) by Delorean with a value of $7.3 million.

Under the terms of the contract, work has commenced on pre-site production and planning. Subject to completion of planning, regulatory and ministerial approvals the project will proceed with full construction commencing on site in late 2022.