



By Sonali Paul and Harshita Swaminathan
MELBOURNE (Reuters) -The developer of a $21-billion project aiming to deliver solar power to Singapore from Australia has collapsed as its two main backers, Australian billionaires Mike Cannon-Brookes and Andrew Forrest, failed to agree on a new round of funding.
Singapore-based Sun Cable said it had appointed voluntary administrators less than a year after raising A$210 million from the two billionaires for the Australia-Asia PowerLink project.
"While funding proposals were provided, consensus on the future direction and funding structure of the company could not be achieved," Sun Cable said in a statement.
Tech billionaire and climate activist Cannon-Brookes, who became chairman of Sun Cable in October, said he remained confident in the project.
It involves building a 20 gigawatt (GW) solar farm, 42 gigawatt hours (GWh) of energy storage in northern Australia and the world's longest undersea cable to deliver power to Singapore, and eventually, Indonesia.
Construction was due to begin in 2024.
"I fully back this ambition and the team, and look forward to supporting the company's next chapter," he said in the statement.
The statement offered no comment from iron ore magnate Andrew Forrest's privately owned Squadron Energy, Sun Cable's other big stakeholder.
It is still possible Squadron could put together a funding deal for the administrators, said a person familiar with the company's thinking who sought anonymity because of confidentiality provisions.
Last year's capital raising of A$210 million included milestones that have not been met yet, meaning that not all of that funding was made available.
Future steps are likely to involve voluntary administrators FTI Consulting (NYSE:FCN) seeking fresh capital or selling the business entirely, Sun Cable said.
($1=1.4499 Australian dollars)
EUR/USD
1.0768
+0.0006 (+0.05%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (2)
EUR/USD
1.0768
+0.0006 (+0.05%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (2)
GBP/USD
1.2559
0.0000 (0.00%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (5)
USD/JPY
147.14
-0.17 (-0.12%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (6)
Sell (3)
AUD/USD
0.6552
+0.0003 (+0.04%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
USD/CAD
1.3592
0.0001 (0.00%)
Summary
NeutralMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (3)
Sell (3)
EUR/JPY
158.44
-0.12 (-0.08%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (5)
Sell (2)
EUR/CHF
0.9418
+0.0001 (+0.01%)
Summary
NeutralMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (4)
Sell (3)
Gold Futures
2,044.05
-3.85 (-0.19%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (3)
Sell (7)
Silver Futures
24.262
+0.034 (+0.14%)
Summary
NeutralMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (6)
Sell (0)
Copper Futures
3.7378
+0.0078 (+0.21%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (9)
Sell (1)
Crude Oil WTI Futures
69.61
+0.23 (+0.33%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (10)
Sell (1)
Brent Oil Futures
74.30
0.00 (0.00%)
Summary
NeutralMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (2)
Sell (3)
Natural Gas Futures
2.572
+0.005 (+0.19%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (1)
Sell (8)
US Coffee C Futures
175.85
-7.90 (-4.30%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (10)
Sell (0)
Euro Stoxx 50
4,483.75
+30.98 (+0.70%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (6)
S&P 500
4,549.34
-17.84 (-0.39%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (1)
Sell (4)
DAX
16,656.44
+123.33 (+0.75%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (5)
FTSE 100
7,515.38
+25.54 (+0.34%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (5)
Hang Seng
16,474.00
+168.50 (+1.03%)
Summary
BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (5)
Sell (1)
US Small Cap 2000
1,851.25
-4.79 (-0.26%)
Summary
↑ SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (0)
Sell (7)
IBEX 35
10,258.10
+19.70 (+0.19%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (6)
BASF SE NA O.N.
44.440
+0.840 (+1.93%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Bayer AG NA
32.39
+0.69 (+2.16%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (7)
Sell (1)
Allianz SE VNA O.N.
240.95
+2.20 (+0.92%)
Summary
BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (5)
Sell (3)
Adidas AG
197.00
+1.72 (+0.88%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (7)
Deutsche Lufthansa AG
8.585
+0.266 (+3.20%)
Summary
SellMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (0)
Sell (6)
Siemens AG Class N
160.92
+2.18 (+1.37%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (4)
Deutsche Bank AG
11.670
+0.100 (+0.86%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (5)
Sell (3)
EUR/USD | 1.0768 | ↑ Buy | |||
GBP/USD | 1.2559 | ↑ Sell | |||
USD/JPY | 147.14 | Buy | |||
AUD/USD | 0.6552 | ↑ Buy | |||
USD/CAD | 1.3592 | Neutral | |||
EUR/JPY | 158.44 | Neutral | |||
EUR/CHF | 0.9418 | Neutral |
Gold | 2,044.05 | ↑ Sell | |||
Silver | 24.262 | Neutral | |||
Copper | 3.7378 | ↑ Buy | |||
Crude Oil WTI | 69.61 | ↑ Buy | |||
Brent Oil | 74.30 | Neutral | |||
Natural Gas | 2.572 | Sell | |||
US Coffee C | 175.85 | ↑ Buy |
Euro Stoxx 50 | 4,483.75 | ↑ Sell | |||
S&P 500 | 4,549.34 | Sell | |||
DAX | 16,656.44 | ↑ Sell | |||
FTSE 100 | 7,515.38 | ↑ Sell | |||
Hang Seng | 16,474.00 | Buy | |||
Small Cap 2000 | 1,851.25 | ↑ Sell | |||
IBEX 35 | 10,258.10 | ↑ Sell |
BASF | 44.440 | ↑ Buy | |||
Bayer | 32.39 | ↑ Buy | |||
Allianz | 240.95 | Buy | |||
Adidas | 197.00 | ↑ Sell | |||
Lufthansa | 8.585 | Sell | |||
Siemens AG | 160.92 | Neutral | |||
Deutsche Bank AG | 11.670 | Buy |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 7,320/ 7,420 (0/ 0) # 1,465 |
SJC HCM | 7,300/ 7,420 (0/ 0) # 1,465 |
SJC Hanoi | 7,300/ 7,422 (0/ 0) # 1,467 |
SJC Danang | 7,300/ 7,422 (0/ 0) # 1,467 |
SJC Nhatrang | 7,300/ 7,422 (0/ 0) # 1,467 |
SJC Cantho | 7,300/ 7,422 (0/ 0) # 1,467 |
Cập nhật 07-12-2023 07:14:01 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$2,027.29 | +8.78 | 0.44% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 23.680 | 24.150 |
RON 95-III | 22.990 | 23.440 |
E5 RON 92-II | 21.790 | 22.220 |
DO 0.05S | 20.190 | 20.590 |
DO 0,001S-V | 21.590 | 22.020 |
Dầu hỏa 2-K | 21.110 | 21.530 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $69.77 | -5.52 | -0.07% |
Brent | $74.29 | -5.77 | -0.07% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 24.065,00 | 24.435,00 |
EUR | 25.474,81 | 26.873,60 |
GBP | 29.775,38 | 31.043,30 |
JPY | 160,24 | 169,63 |
KRW | 15,96 | 19,34 |
Cập nhật lúc 07:05:45 07/12/2023 Xem bảng tỷ giá hối đoái |