Australian tech tycoon close to bailing out $20 billion solar project

[ad_1]

(Bloomberg) — A consortium led by billionaire Mike Cannon-Brookes is in final talks to acquire Sun Cable Pty Ltd., a collapsed solar power project that includes Queenbrook Infrastructure Partners, people familiar with the matter said.

Most read from Bloomberg

The technology tycoon’s family office, Grock Ventures, has reached a deal with FTI Consulting’s managers of Sun Cable after competing to acquire the asset from Squadron Energy.

The talks are ongoing and there is no doubt an agreement will be reached, the people said, speaking on condition of anonymity to discuss classified information. Representatives for Grok and Queenbrook declined to comment, while spokespeople for Squadron and FTI did not immediately respond to requests for comment.

News of the talks was reported earlier Thursday in The Australian.

Sun Cable is a $US30 billion ($19.6 billion) project to build Australia’s largest solar farm and transmit the power to Singapore via an undersea cable. Both Cannon-Brooks and Squadron’s owner, mining billionaire Andrew Forrest, have invested in the startup.

But Sun Cable went into voluntary administration in January after shareholders failed to agree on its future direction and funding. FTI has appointed MA Moelis Australia as an adviser as it plans to take mandatory offers to recapitalize the company.

The collapse of the solar cable marked a turning point, with former partners Cannon-Brookes and Forrest advocating different approaches to Australia’s green energy transition. Forrest, founder of iron ore miner Fortescue Metals Group Ltd, assembled Australia’s largest renewables platform with Squadron after buying developer CWP Renewables Pty late last year. Cannon Brooks, founder of software firm Atlassian Corporation, has turned to shareholder activism over utility AGL Energy Ltd.’s plans to exit coal power.

Forrest is a proponent of developing an export industry for green hydrogen from Australia to energy-hungry Asian countries, while Canon Brooks continues to believe in the viability of Sun Cable’s plans to use submarine cables to transmit solar power.

Most read from Bloomberg Business Week

©2023 Bloomberg LP

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

slot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaansbobetbola gacor 88slot danano limit citypragmatic slotslot pg softprincess x1000zeus 1000akun pro jepangakun pro kambojaakun pro rusiaakun pro thailandakun pro malaysiaakun pro myanmarslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaslot-server-kambojaslot-server-rusiaslot-server-jepangslot-server-malaysiaslot-server-thailandslot-server-taiwanslot-server-myanmarslot-server-vietnamslot-server-hongkongslot-server-filipinaslot-server-singaporeslot-server-amerikaslot-server-chinaslot-server-turkislot-server-ugandaslot-server-uruguayslot-server-mesirslot-server-luar-negeri
slot-server-thailand
slot-server-kamboja
slot-server-filipina
slot-server-jepang
slot-server-rusia
slot-server-belanda
slot-server-china
slot-server-hongkong
slot-server-amerika
slot-server-macau
slot-server-myanmar
slot-server-vietnam
slot-server-singapore
slot-server-prancis
slot-server-malaysia
slot-server-internasional
slot-server-sensasional
slot-server-asia
slot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaakun gacor link gacor situs gacor akun pro amerika akun pro china akun pro filipina akun pro hongkong akun pro italia akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro lebanon akun pro london akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro vietnam slot server amerika slot server arab slot server asiaslot server belanda slot server brunei slot server china slot server dubai slot server eropa slot server filipina slot server hongkong slot server india slot server inggris slot server jepang slot server jerman slot server kamboja slot server korea slot server laos slot server lebanon slot server london slot server luar akun pro amerika akun pro australia akun pro ceko akun pro china akun pro filipina akun pro hongkong akun pro jepang akun pro kamboja akun pro korea akun pro macau akun pro malaysia akun pro monaco akun pro myanmar akun pro rusia akun pro singapore akun pro spain akun pro swiss akun pro taiwan akun pro thailand akun pro vietnam akun gacor link gacor situs gacor slot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot jepangslot rusiaslot taiwanslot malaysiaslot amerikaslot myanmarslot luar negerimahjong slotsv388digmaansbobetbola gacor 88slot danano limit citypragmatic slotslot pg softprincess x1000zeus 1000akun pro jepangakun pro kambojaakun pro rusiaakun pro thailandakun pro malaysiazeus 1000akun pro jepangakun pro kambojaakun pro rusiaakun pro thailandakun pro malaysiaslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaslot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaanslot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaanslot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaanslot server amerikaslot server filipinaslot server hongkongslot server jepangslot server kambojaslot server koreaslot server malaysiaslot server prancisslot server rusiaslot server thailandslot server myanmarslot server vietnamslot server asiaslot server luarakun pro amerikaakun pro filipinaakun pro hongkongakun pro jepangakun pro kambojaakun pro koreaakun pro malaysiaakun pro prancisakun pro rusiaakun pro taiwanakun pro thailandakun pro platinumakun pro singaporeakun pro vietnamslot deposit seabankslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaserver thailand server myanmar server kamboja server jepang server filipina server hongkong server china server malaysia server taiwan server ceko server dubai server prancis server italia server swiss server inggris server amerika server vietnam server singapore server lebanon server tunisia slot server amerika slot server australia slot server china slot server dubai slot server eropa slot server filipina slot server hongkong slot server internasional slot server jepang slot server kamboja slot server korea slot server macau slot server malaysia slot server myanmar slot server rusia slot server singapore slot server spain slot server taiwan slot server thailand slot server vietnam slot amerika slot arab slot asia slot china slot dubai slot eropa slot filipina slot hongkong slot inggris slot italia slot jepang slot jerman slot kamboja slot korea slot lebanon slot london slot luar negeri slot luar slot malaysia slot myanmar slot platinum slot prancis slot rusia slot singapore slot taiwan slot thailand slot vietnam akun pro amerika akun pro australia akun pro ceko akun pro china akun pro dubai akun pro filipina akun pro hongkong akun pro jepang akun pro kamboja akun pro korea akun pro macau akun pro malaysia akun pro monaco akun pro myanmar akun pro rusia akun pro singapore akun pro swiss akun pro taiwan akun pro thailand akun pro thailand sbobetbola gacor 88slot danano limit citypragmatic slotslot pg softprincess x1000zeus 1000akun pro jepangakun pro kambojaakun pro rusiaakun pro thailandakun pro malaysiaslot server amerikaslot server filipinaslot server hongkongslot server jepangslot server kambojaslot server koreaslot server malaysiaslot server prancisslot server rusiaslot server thailandslot server myanmarslot server vietnamslot server asiaslot server luarakun pro amerikaakun pro filipinaakun pro hongkongakun pro jepangakun pro kambojaakun pro koreaakun pro malaysiaakun pro prancisakun pro rusiaakun pro taiwanakun pro thailandakun pro platinumakun pro singaporeakun pro vietnamslot-server-kambojaslot-server-rusiaslot-server-jepangslot-server-malaysiaslot-server-thailandslot-server-taiwanslot-server-myanmarslot-server-vietnamslot-server-hongkongslot-server-filipinaslot-server-singaporeslot-server-amerikaslot-server-chinaslot-server-turkislot-server-ugandaslot-server-uruguayslot-server-mesiramarta99slot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaanslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaakun pro amerika akun pro arab akun pro asia akun pro belanda akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro inggris akun pro italia akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro lebanon akun pro london akun pro luar negeri akun pro luar akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro tunisia slot server malaysia slot server myanmar slot server platinum slot server prancis slot server Qatar slot server rusia slot server singapore slot server sydney slot server taiwan slot server thailand slot server vietnam akun pro amerika akun pro arab akun pro asia akun pro belanda akun pro brunei akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong sbobetbola gacor 88slot danano limit citypragmatic slotslot pg softprincess x1000zeus 1000akun pro jepangakun pro kambojaakun pro rusiaakun pro thailandakun pro malaysiaslot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaanslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaslot italia slot jepang slot jerman slot kamboja slot korea slot luar negeri slot luar slot malaysia slot myanmar slot platinum slot prancis slot rusia slot singapore slot taiwan slot thailand slot vietnam slot amerika slot arab slot asia slot china slot dubai slot eropa slot filipina slot hongkong slot inggris sbobetbola gacor 88slot danano limit citypragmatic slotslot pg softprincess x1000zeus 1000akun pro jepangakun pro kambojaakun pro rusiaakun pro thailandakun pro malaysiaslot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaanakun pro thailand akun pro myanmar akun pro kamboja akun pro jepang akun pro filipina akun pro hongkong akun pro china akun pro malaysia akun pro taiwan akun pro ceko akun pro dubai akun pro prancis akun pro italia akun pro swiss akun pro inggris akun pro amerika akun pro vietnam akun pro singapore akun pro lebanon akun pro tunisia akun pro amerika akun pro arab akun pro asia akun pro belanda akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro inggris akun pro italia akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro lebanon akun pro london akun pro luar negeri akun pro luar akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro rusia akun pro singapore akun pro taiwan akun pro thailand akun pro tunisia akun pro vietnam slot server amerika slot server arab slot server asia slot server belanda slot server brunei slot server china slot server dubai slot server eropa slot server filipina slot server hongkong slot server india slot server inggris slot server jepang slot server jerman slot server kamboja slot server korea slot server laos slot server lebanon slot server london slot server luar slot-server-kambojaslot-server-rusiaslot-server-jepangslot-server-malaysiaslot-server-thailandslot-server-taiwanslot-server-myanmarslot-server-vietnamslot-server-hongkongslot-server-filipinaslot-server-filipinaslot-server-singaporeslot-server-amerikaslot-server-chinaslot-server-chinaslot-server-turkislot-server-ugandaslot-server-uruguayslot-server-mesirslot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaanslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaakun pro thailand
akun pro kamboja
akun pro jepang
akun pro rusia
akun pro hongkong
akun pro myanmar
akun pro malaysia
akun pro filipina
akun pro taiwan
akun pro vietnam
akun pro china
akun pro amerika
akun pro prancis
akun pro lebanon
akun pro platinum
akun pro ceko
akun pro yaman
akun pro korea
akun pro jerman
akun pro tunisiaslot amerika slot arab slot asia slot china slot dubai slot eropa slot filipina slot hongkong slot inggris slot italia slot jepang slot jerman slot kamboja slot korea slot luar negeri slot luar slot malaysia slot myanmar slot platinum slot prancis slot rusia slot singapore slot taiwan slot thailand slot vietnam akun pro india akun pro inggris akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro laos akun pro lebanon akun pro london akun pro luar akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro qatar akun pro rusia akun pro singapore akun pro sydney akun pro taiwan akun pro thailand akun pro vietnam slot server amerika slot server arab slot server asia slot server belanda slot server brunei slot server china slot server dubai slot server eropa slot server filipina slot server hongkong slot server india slot server inggris slot server jepang slot server jerman slot server kamboja slot server korea slot server laos slot server lebanon slot server london slot server luar slot server myanmar slot server platinum slot server prancis slot server Qatar slot server rusia slot server singapore slot server sydney slot server taiwan slot server thailand slot server vietnam akun pro amerika akun pro arab akun pro asia akun pro belanda akun pro brunei akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong slot server amerikaslot server filipinaslot server hongkongslot server jepangslot server kambojaslot server koreaslot server malaysiaslot server prancisslot server rusiaslot server thailandslot server myanmarslot server vietnamslot server asiaslot server luarakun pro amerikaakun pro filipinaakun pro hongkongakun pro jepangakun pro kambojaakun pro koreaakun pro malaysiaakun pro prancisakun pro rusiaakun pro taiwanakun pro thailandakun pro platinumakun pro singaporeakun pro vietnamslot gacor 88slot gacor 4dslot gacor 777slot kambojaslot thailandslot hongkongslot platinumslot myanmarslot amerikaslot jepangslot malaysiaslot server luarmahjong slotsv388digmaanserver-kamboja
server-rusia
server-jepang
server-malaysia
server-thailand
server-taiwan
server-myanmar
server-vietnam
server-filipina
server-hongkong
server-singapore
server-amerika
server-china
server-turki
server-uganda
server-uruguay
server-mesir
slot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
slot server korea
slot server taiwan
slot server dubai
slot server eropaakun pro thailand
akun pro kamboja
akun pro jepang
akun pro rusia
akun pro hongkong
akun pro myanmar
akun pro malaysia
akun pro filipina
akun pro taiwan
akun pro vietnam
akun pro china
akun pro amerika
akun pro prancis
akun pro lebanon
akun pro platinum
akun pro ceko
akun pro yaman
akun pro korea
akun pro jerman
akun pro tunisiaslot server luar
slot server thailand
slot server kamboja
slot server filipina
slot server jepang
slot server rusia
slot server belanda
slot server china
slot server hongkong
slot server amerika
slot server macau
slot server myanmar
slot server vietnam
slot server singapore
slot server prancis
slot server malaysia
mahjong ways 2
slot gacor 4d
gates of olympus
slot gacor maxwinslot gacor 88slot gacor 4dslot gacor maxwinslot thailandslot jepangslot kambojaslot malaysiaslot myanmarslot platinumslot rusiaslot taiwanslot amerikaslot hongkongslot server luarslot server amerika slot server australia slot server china slot server dubai slot server eropa slot server filipina slot server hongkong slot server jepang slot server kamboja slot server korea slot server laos slot server macau slot server malaysia slot server myanmar slot server rusia slot server singapore slot server taiwan slot server thailand slot server vietnam slot server vipspain slot server thailand slot server myanmar slot server kamboja slot server jepang slot server filipina slot server hongkong slot server china slot server malaysia slot server taiwan slot server ceko slot server dubai slot server prancis slot server italia slot server swiss slot server inggris slot server amerika slot server vietnam slot server singapore slot server lebanon slot server tunisia akun pro amerika akun pro arab akun pro asia akun pro china akun pro dubai akun pro eropa akun pro filipina akun pro hongkong akun pro inggris akun pro italia akun pro jepang akun pro jerman akun pro kamboja akun pro korea akun pro lebanon akun pro london akun pro luar negeri akun pro malaysia akun pro myanmar akun pro platinum akun pro prancis akun pro rusia akun pro singapore akun pro sydney akun pro taiwan akun pro thailand akun pro tunisia slot server amerikaslot server filipinaslot server hongkongslot server jepangslot server kambojaslot server koreaslot server malaysiaslot server prancisslot server rusiaslot server thailandslot server myanmarslot server vietnamslot server asiaslot server luarakun pro amerikaakun pro filipinaakun pro hongkongakun pro jepangakun pro kambojaakun pro korea