Aussie billionaires' solar spat enters new phase
The battle between two of Australia’s richest men for control of bankrupt renewables startup Sun Cable has ended in a whimper. On Friday Mike Cannon-Brookes, co-chief of technology company Atlassian, won the auction for the firm via his Grok Ventures fund, bidding less than A$100 million ($65 million) per an estimate by the Australian Financial Review . Surprisingly absent from the final bout was Squadron Energy, one of Fortescue Metals founder Andrew Forrest’s investment companies. Both wer...
Western Australia Katrina Hamlin Andrew Forrest Pete Sweeney Antony Currie Thomson Reuters Trust Principles
Source: reuters.com