Delorean Corporation announced that the Company has entered into a collaboration agreement with Australian Gas Networks Limited. AGIG is also taking active steps to sustainable gas delivery today, and tomorrow. It is already leading the industry on the pathway to cleaner energy through Australia's largest renewable hydrogen project, Hydrogen Park South Australia, producing and blending renewable hydrogen into AGN's existing gas network in South Australia. AGIG has committed to deliver a number of renewable gas projects across the country and across the value chain. Under the terms of the Memorandum of Understanding, which is non-binding at this stage, Delorean and AGIG agree work towards establishing a mutually acceptable business model to develop, construct, own and operate anaerobic digestion plants to supply biomethane into AGIG networks. This is expected to include offtake of biomethane for use by AGIG via an appropriate retailer. Under the MOU, Delorean and AGIG will undertake a staged approach to the development of further biomethane plants starting with reviewing Delorean's existing portfolio of development and pipeline projects which are co-located within AGN/AGIG's gas transmission and distribution network, as well as exploring opportunities for new projects located at strategic locations more widely in its national gas network.