British billionaire Guy Hands eyed Sun Cable investment, emails reveal
The British billionaire’s Consolidated Pastoral has been forced to hand over leases to Mike Cannon-Brookes after a lengthy private dispute.
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The British billionaire’s Consolidated Pastoral has been forced to hand over leases to Mike Cannon-Brookes after a lengthy private dispute.
Work on the $35 billion solar power export project is to take off under its new ownership, with plans including a new high-voltage cable manufacturing plant.
Australian billionaire Mike Cannon-Brookes on Thursday stood by the economics of a plan to ship energy from a giant solar farm in the country's north to Singapore via undersea cable as he took possession of the A$20 billion ($12.73 billion) project. Cannon-Brookes, the co-founder of tech firm Atlassian turned environmental activist, said he continued to believe outside investors would be drawn to the Sun Cable project, adding it already had demand for more energy than it could produce. "We have spent a lot of time with customers and are pretty clear on the unit economics," Can...
Sun Cable will apply later in September to Singapore’s Energy Market Authority for an energy import conditional licence. Read more at straitstimes.com.
SYDNEY: Australian billionaire Mike Cannon-Brookes on Thursday (Sep 7) stood by the economics of a plan to ship energy from a giant solar farm in the country's north to Singapore via undersea cable as he