Page 17 - Sun Cable News Today

SYDNEY (Reuters) - The sale of the collapsed $20 billion Sun Cable renewable energy project will include what would be the world's longest undersea cable in a deal that has attracted multiple bids, the company's administrator said on Wednesday. | 11:37pm

There’s at least one external bidder squaring off against Sun Cable’s billionaire backers, as MA Moelis and FTI Consulting collect first round of bids.

Mike Cannon-Brookes and Andrew Forrest are now racing against offshore and domestic institutional investors to nab the mammoth renewable solar energy project.

Andrew Forrest’s Squadron Energy has been buying out creditors of Sun Cable and is now in a position to control any creditor votes.

Multiple parties have submitted initial bids for the proposed $35 billion Sun Cable mega-project that was forced into administration in January.

Sustainability roles are increasing, bringing a wide range of opportunities for women, but many energy companies still find it hard to fill positions.

Sun Cable should have the first indication of what the outside world thinks of its plan to export power to Singapore on Monday, when first round bids are due.

Billionaire Andrew Forrest believes The West Australian’s coverage of his business, Fortescue Metals Group, is biased and inflammatory. Is there any merit to it?

Hawthorn’s sprawling mansion Avon Court has returned to the Melbourne trophy market and could reset the suburb record with price hopes over $40 million.

Could green hydrogen become tomorrow’s primary energy source? A new book by Emeritus Professor John Mathews offers a practical...