How Cannon-Brookes' Project Greenlight blew up AGL
Mike Cannon-Brookes was only just getting warmed up at AGL Energy, when the dominoes started to fall.
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Mike Cannon-Brookes was only just getting warmed up at AGL Energy, when the dominoes started to fall.
HESTA has welcomed the decision by AGL to scrap its de-merger plan, after spending an estimated $160 million, and the chief executive and chairman resigned.
The tech sector surged 4.6 per cent on Monday as risk assets rallied on hope the US’s rate of inflation has peaked. Brent crude oil topped US$116 a barrel.
Mike Cannon-Brookes has blocked AGL’s demerger – for now. But can he force it to accelerate the closure of its coal and gas-fired power stations?
Billionaire Mike Cannon-Brookes wants to shut down AGL Energy's coal-fired power plants a decade early. But an energy expert warned this could push up electricity bills.