Sun Cable
Sun Cable completes asset sale to Grok Ventures affiliate
Proceeds are expected to be used to pay unsecured creditors in full.
Sun Cable completes asset sale to Grok Ventures affiliate
Proceeds are expected to be used to pay unsecured creditors in full.
Grok Ventures affiliate buys Sun Cable
Helietta Holdings plans to continue to develop the cross-border electricity project.
Sun Cable sale attracts multiple bids
The bidders included non-existing Sun Cable shareholders.
Sun Cable sale process starts
Moelis will serve as the sale advisor.
Sun Cable submits to voluntary administration
This is due to the absence of alignment with the shareholders’ objectives.
Sun Cable raises $152.3 capital for Australia-Asia power system
The project is the largest intercontinental renewable power system.
Indonesia greenlights route for $22b Australian solar power project
The project aims to transmit renewable electricity from Australia to Singapore.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises