The Sun Cable project a multi-billion dollar initiative to export solar power from Australia to Singapore has entered voluntary administration.
Chairman of the project, Mike Cannon-Brookes, says the board ultimately failed to reach a consensus on the future direction and funding structure of the company.
Mr Cannon-Brookes, along with mining billionaire Andrew Forrest, were the cornerstone investors of the project.
Read the full article at: https://www.skynews.com.au/business/sun-cable-project-enters-voluntary-administration/video/3f38f8683deaa00c02ec3f649d45d418