Singapore gives early green light to Mike Cannon-Brookes’ Sun Cable
Singapore has declared Mike Cannon-Brookes’ ambitious Sun Cable energy link to Australia technically and commercially viable, handling the businessman a win for the $40 billion project once jointly owned with fellow Fortescue chairman Andrew Forrest.
Mr Cannon-Brookes has said the venture, officially known as the Australia-Asia PowerLink, would export “boundless sunshine” north to the regional centre.
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Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
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