One of Australias largest renewable projects backed by prominent billionaires Andrew Twiggy Forrest and Mike Cannon-Brookes has collapsed.
Renewable giant Sun Cable had proposed to build a $35bn solar farm in the heart of the Northern Territory, with a cable to provide green energy to Darwin and Singapore.
On Wednesday, the company confirmed it had gone into voluntary administration.
Christopher Hill, David McGrath and John Park of FTI Consulting have been appointed as voluntary administrators.
In a statement, Sun Cable said the move followed…
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