tiprankstipranks
Advertisement
Advertisement

Delorean adds Tanarra investment head to board as director retires

Story Highlights
  • Delorean appointed Tanarra Capital executive Jared Thomas as a non-executive director, replacing retiring board member Michael Phillip.
  • The company expects Thomas’s project finance expertise to support funding for its build-own-operate portfolio, including the $62m NSW1 Horsley Project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Delorean adds Tanarra investment head to board as director retires

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Delorean Corporation Ltd ( (AU:DEL) ).

Delorean Corporation Ltd has appointed banking and investment specialist Jared Thomas as a Non-Executive Non-Independent Director, effective 11 May 2026, following the retirement of Non-Executive Director Michael Phillip on the same date. Thomas, currently Head of Investments for Tanarra Capital’s special situations division and a long-time financial partner to Delorean, brings extensive experience across energy, transport, real estate and other asset classes.

Executive Chair Hamish Jolly said Thomas’s project finance and capital markets expertise will strengthen the board as Delorean advances balanced investment solutions for its build-own-operate portfolio, including the $62 million NSW1 Horsley Project, which has reached final investment decision and secured $30.5 million in grants. The board also acknowledged Phillip, a former Tanarra executive, for his contributions as a Non-Executive Director since October 2024.

More about Delorean Corporation Ltd

Delorean Corporation Ltd is an Australian company focused on developing, building, owning and operating energy infrastructure projects. The company’s portfolio includes projects such as its flagship $62 million NSW1 Horsley Project in partnership with Brickworks, for which it has secured substantial grant funding and is progressing toward financial close.

Average Trading Volume: 176,931

Technical Sentiment Signal: Sell

Current Market Cap: A$21.78M

Learn more about DEL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1