Australia's Delorean logs best day in over an year on bioenergy plant financing

By Reuters News

** Shares of Delorean Corp DEL.AX soar 21.1% to A$0.92, their biggest intraday pct gain since September 2025
** Stock posts its highest level since September 28

** Bioenergy developer secures a A$20 million ($13.91 million) project financing facility from Westpac to fund plant and equipment for its Build-Own-Operate project in New South Wales

** Says construction of the project remains contingent on achieving financial close, with groundbreaking currently slated for December

** About 184,700 shares change hands, 1.8x the stock's 30-day average daily volume

** Stock down 28.3% YTD


($1 = 1.4374 Australian dollars)

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