DAVOS (Bloomberg): Billionaire Andrew Forrest (pic) sees an opportunity to export green fuels to Singapore after the collapse of a (A$30 billion) US$21 billion project to supply clean electricity from Australia.
Developer Sun Cable entered voluntary administration last week amid disputes between investors including Forrest and Atlassian Corp. co-founder Mike Cannon-Brookes over the viability of sending solar power via a 4,200-kilometre (2,600-mile) cable from Australia’s Northern Territory to the city state.
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