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Sun Cable
Environmental, Social and Governance
Billionaires’ M&A fight ends with revival of solar export dream
The plan involves a 4,200-km long submarine cable to transport electricity to Asia from Australia
May 26, 2023
Sustainability
Tussling billionaires join chase for stalled Sun Cable project
Sun Cable entered into voluntary administration in January after Forrest withdrew support for a strategy backed by other investors
March 18, 2023
Sustainability
Collapsed $26.8 bil sun cable project receives multiple bids
Administrators will now seek to progress to binding proposals by the end of April and to complete a sale by the end of May.
March 15, 2023
Company in the news
Administrators to complete Sun Cable sale by May
Billionaire Andrew Forrest, an investor in Sun Cable, is among parties considering making an offer.
February 01, 2023
Sustainability
Singapore solar cable project wins lifeline to carry on building
This comes after a court in Sydney agreed to a sales process put forward by the project’s administrators on Wednesday.
January 26, 2023
Environmental, Social and Governance
Tech billionaire’s loan to keep solar export dream to Singapore alive
Billionaire Mike Cannon-Brookes’s Grok Ventures will provide a A$65 million loan
January 20, 2023
Sustainability
Tycoon says Singapore wants green fuel, not giant cable
Billionaire Andrew Forrest sees an opportunity to export green fuels to Singapore after Sun Cable's collapse.
January 18, 2023
Sustainability
Australia-to-Singapore solar project Sun Cable no longer viable, says billionaire investor
The 4,200km submarine cable was scheduled to begin construction in 2024. It entered into voluntary administration last week.
January 16, 2023
Sustainability
Singapore-based Sun Cable collapses, threatening Australia-Asia PowerLink solar power project
Sun Cable's 4,200km submarine cable was scheduled to begin construction in 2024.
January 11, 2023
Company in the news
Sun Cable signs MOU with Indonesia's energy ministry at G20 business summit
The project is forecast to potentially inject a total of US$2.5 billion into the Indonesian economy over its lifespan.
November 18, 2022