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Delorean Power Renews Falling Branch Land Option

Montgomery County
Disclosed value
$20,000
From minutes
Document date
Apr 15, 2025

The 30-second brief

What it covers

Delorean Power has elected to renew its option agreement with the Economic Development Authority of Montgomery County for Lots 2A and 2B in Phase I of Falling Branch Corporate Park. Under the agreement, the company will submit a $20,000 renewal payment to maintain its right to purchase the parcels for future one megawatt energy storage development tied to Virginia clean energy requirements.

Who holds it

Delorean Power holds this contract with Montgomery County. Its other public contracts on record include work for City of Salem and Prince William County Public Schools.

What happens next

Term as filed: Option renewal for Lots 2A and 2B in Phase I of Falling Branch Corporate Park.

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Contract details

Amount
$20,000
Document date
April 15, 2025
Term
Option renewal for Lots 2A and 2B in Phase I of Falling Branch Corporate Park
Vendor
Delorean Power
Agency
Montgomery County
Source document
Economic Development Authority of Montgomery County Minutes 2025-04-15 (Minutes)

Delorean Power's other public contracts

Montgomery County, VirginiaEDA Maintains Land Option with Delorean Power · Dec 16, 2025UndisclosedCity of Salem, VirginiaEnergy storage services agreement price cap amendment approved · Jun 9, 2025UndisclosedMontgomery County, VirginiaEDA Reviews Delorean Power Option Extension · Apr 15, 2025UndisclosedPrince William County Public Schools, VirginiaDelorean Power to purchase land from school · Mar 19, 2025UndisclosedCity of Salem, VirginiaSalem to partner with Lightshift Energy for BESS · Nov 12, 2024UndisclosedAll Delorean Power contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Montgomery County?

Delorean Power was awarded this government contract by Montgomery County, as recorded on April 15, 2025. The contract value is $20,000.

How much is the Delorean Power contract with Montgomery County worth?

The Delorean Power contract with Montgomery County is valued at $20,000.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Economic Development Authority of Montgomery County Minutes 2025-04-15 (Minutes), dated April 15, 2025 from Montgomery County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Delorean Power hold?

Delorean Power may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Montgomery County currently buying?

Explore Montgomery County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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