Page 10 - Sun Cable News Today

A consortium led by Mike Cannon-Brookes' Grok Ventures says Sun Cable has the potential of being a nation-building project for Australia.

Battle of billionaires ends with a Grok-Quinbrook consortium taking ownership of the massive Sun Cable project, keeping alive plans to export solar power to Singapore.

Forrest says he made no final offer for Sun Cable and intends to focus instead on his own 20GW renewable pipeline.

The collapsed $20 billion Sun Cable renewable energy project has been rescued by part owner and Australian technology entrepreneur Mike Cannon-Brookes, the company's administrators said on Friday.

26 May, 2023 How was your week?Last night we attended the Twilight session organised by our friends at Monsoon Communications (see pic below).It was great to see an eclectic mix of biotech investors and insightful presentations from Carina biotech and our portfolio company AdAlta (ASX:1AD).With a number of notable names on the register and upcoming

After two positive weeks the Australian market ended the week down 1.7%, despite a bit of a late rally with a 0.2% rise on Friday.

Billionaire Mike Cannon-Brookes, a co-founder of Atlassian Corp., is set to revive the Sun Cable project, aiming to export solar power from Australia to Singapore.

Mike Cannon-Brookes has emerged as the front-runner in a fight for ownership of the $35 billion Sun Cable mega-project against a rival bid from Andrew Forrest.

Quinbrook Infrastructure Partners is understood to be one of Mike Cannon-Brookes’ consortium partners at Sun Cable, as the billionaire’s Grok Ventures closes in on a deal.

Sun Cable went into voluntary administration earlier in 2023. Read more at straitstimes.com.