Washington H. Soul Pattinson and Co.'s Brickworks Unit to No Longer Progress FID for Delorean's Bioenergy Plant

MT Newswires Live12-19

Washington H. Soul Pattinson and Co.'s (ASX:SOL) recently acquired company Brickworks has elected to no longer progress towards a final investment decision on the proposed Horsley Park Bioenergy plant with Delorean (ASX:DEL) at Horsley Park, which Delorean and Brickworks had jointly developed to date, according to a Friday Australian bourse filing by Delorean.

The proposed plant was funded by Brickworks under an integrated memorandum of understanding and master services agreement.

Delorean said it will now shift its focus to pursuing other project opportunities in New South Wales and to take the VIC1 project into construction while it continues to progress the construction of its SA1 project.

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