SYDNEY (Reuters): Australia's two richest men joined a A$210 million (US$152 million) capital raising for an ambitious project to supply Singapore with solar power via an undersea cable, the company said on Monday (March 14).
Private companies of Andrew Forrest,(pic) founder of iron ore giant Fortescue Metals Group Ltd, and Mike Cannon-Brookes, co-founder of software maker Atlassian Plc, upped their investments, the parties said, as the Sun Cable project inches toward becoming a supplier of renewable energy to the region.
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