"We believe Sun Cable can achieve long-term success by delivering globally competitive electrons to Australia and the world. We will continue to pursue customer off-take agreements in Singapore and Darwin, and collaborate with the Singaporean and Northern Territory governments to achieve this mission."We are excited to do this with a group of old and new investors to Sun Cable, who bring significant experience to renewables project delivery, and who will assist management."
https://www.abc.net.au/news/2023-05-26/asx-markets-business-live-news-may-26-2023/102395712
“The shortlisted bidders include a range of potential buyers including parties that are not existing Sun Cable shareholders,” administrator FTI Consulting said on Wednesday, describing interest as “strong”. The project was forced into administration in January.
https://www.copyright link/companies/energy/cannon-brookes-forrest-face-rival-bidders-for-35b-sun-cable-20230315-p5csas
Mike Cannon-Brookes has hailed his successful bid for disputed renewable energy business Sun Cable as “a big step in the right direction” for a potential nation-building project.Sun Cable’s administrators from FTI Consulting confirmed on Friday that Mr Cannon-Brookes had seen off other potential buyers, including iron ore billionaire Andrew Forrest, to the collapsed company.
https://thewest.com.au/business/administration-and-liquidation/confirmed-mike-cannon-brookes-beats-out-andrew-forrest-to-failed-renewable-energy-firm-sun-cable-c-10778520
