Page 15 - Sun Cable News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Quinbrook is keeping an open mind on the best way to supply renewable energy generated from a giant solar farm in the NT to customers in Singapore.

Billionaires are not known for doing things by half. The temptation to go big or go home applies in Australia as much as anywhere else.

Helietta Holdings—an investment vehicle controlled by Australian tech billionaire Mike Cannon-Brookes’ Grok Ventures—has agreed to acquire the assets of Sun…

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 were early investors in Sun Cable; their spat over its strategy plunged the firm into administration in...

The clash between two billionaires over one of the world's largest renewable energy projects has seen Mike Cannon-Brookes prevail over former busi...