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Why Cannon-Brookes won’t back down on his renewable energy crusade

Why Cannon-Brookes won’t back down on his renewable energy crusade

Mike Cannon-Brookes’ audacious plan to take over AGL Energy came as a big surprise, but with hindsight it was totally in character.

Last Sunday evening, Australia’s third-richest person, Mike Cannon-Brookes, sent out a mischievous Tweet: “Might be an afternoon espresso kind of day” ... as recognition he knew just how much of the proverbial would be hitting the fan about his latest big plan – to take over AGL Energy and accelerate the closure of its coal-fired power stations.

At the time it was a big surprise; an audacious move alongside Canadian asset manager Brookfield that nobody had seen coming, but with hindsight it was totally in character.

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Paul Smith
Paul SmithTechnology editorPaul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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Original URL: https://www.afr.com/technology/why-cannon-brookes-won-t-back-down-on-his-renewable-energy-crusade-20220224-p59zhp