Mike Cannon-Brookes wins control of Sun Cable solar project from Andrew Forrest

1 year ago 52

Entrepreneur says plan to send renewable energy to Singapore from Northern Territory a ‘nation-building project for Australia’

Mike Cannon-Brookes has prevailed over Andrew Forrest in a billionaires’ battle for control of Sun Cable, an ambitious development promising to transmit solar-generated electricity from the Northern Territory outback to Singapore.

Cannon-Brookes and Forrest had been involved in a bidding process for the $30bn-plus project after they fell out over its future direction and the company, also called Sun Cable, went into voluntary administration.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...
Read Entire Article