An email containing a verification link has been flagged as unsuitable for use as secure! Sun Cable is a multinational company founded in Australia and Singapore in 2018 by David, Mac and Fraser. TO MAKE THE WORLD Sun Cable is not the only mega-renewable energy export project on the drawing board in Australia. Chris is a senior executive in engineering infrastructure development and execution, who has led and delivered complex major scale infrastructure projects and has extensive experience across energy & renewables, resources, rail transportation and advanced manufacturing. Australian solar energy infrastructure developer centred towards the generation of clean electricity and developing electricity storage.! Is such an ambitious undertaking to power Singapore through the Australian outbacks three ASX-listed Insurance companies:,. This particular sector could be a boost for Telstra shares. Marks work is focused on building a pipeline of projects through prospecting and site selection, concept design, land procurement and native title and approvals. so getting coal powered electricity out via this cable would be quite hard. Theres a message in that somewhere, but I just cant quite put me finger on it. 5bn people? Billionaire-backed Sun Cables power link edges one step closer. Fujian Nanping Sun Cable Co. Ltd. Watch list Closed Last Updated: Jan 20, 2023 3:00 p.m. CST Delayed quote 8.13 0.14 1.75% Previous Close 7.99 Advanced Charting Volume: 5.56M 65 Day Avg:. All rights reserved. The five best ASX stocks for investors to buy right now compare thousands is sun cable listed on asx securities listed on the or. Forms of contracting in the national electricity market Georgie was the Director of Global Public Policy at Atlassian and is a Member of the Board of Advice for the University of Sydney Business School. Sun Cable Pty Ltd $30+B Contact Details Industry Capability Network (NT) +61 8 8922 9422 Send email enquiry Respect for Communities in Which We Operate Sun Cable will consult and work with the communities in which we operate to identify and create benefits for the region. Absolution Movie 2019 Sequel, Sun Cable would have connected the world's largest solar farm with the biggest battery and longest undersea high-voltage direct current (HVDC) cable, delivering up to 15% of Singapore's . Sun Cable has named a "powerhouse" of companies that will help deliver the world's biggest solar PV and battery storage project in Australia's Northern Territory, with construction on the . You can do it. The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. Ill take the privatised free energy market in australia being gamed beyond belief by incumbents who got assets from the government for cents on the dollar of actual build costs, closely followed by singapores electricity network being government owned https://en.wikipedia.org/wiki/SP_Group, so therefore not exposed to the whims of the free market and requirements for short term profitability, so can afford to invest long term, or sign up to long term contracts. LOL. Why does Atlassian pay ZERO Tax in Australia? James Mickleboro. Power prices there are higher than Singapore. Then you guys posted Victoria mulls taxing electric vehicles. Fraser previously worked with McKinsey & Company for almost 9 years as a leader in their sustainability practice (with particular expertise on carbon abatement and resource productivity) and with the World Bank before that. His career experience ranges from structuring and executing complex deals and project development strategies to serving on the Owners Engineer and O&M team of large IPP. Please remember that investments can go up and down. It provides electricity purchasers with insurance against high prices. He is a globally-recognised expert on sustainable development and energy transition issues, working with a range of governments, investors, and multilateral institutions. Her previous roles at Boral include Divisional HR & HSE Manager, for Construction Related Businesses and Human Resources Manager for Clay & Concrete Products. Australia gave up on long term energy planning decades ago. An email containing a verification link has been sent to {{verificationEmail}}. Which one are you talking about? Suncorp Group Limited (SUN) is one of Australias largest financial services brands. The capital raise is supported with cornerstone investment by Australian entrepreneurs, Mike and Annie Cannon-Brookes Grok Ventures and Andrew Forrests Squadron Energy. Mac has 6 jobs listed on their profile. However, the share price has been falling over the last few weeks, with the company reporting a low increase in demand. Click for more information. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Some fkwit on Demonland today defended him ohhhh hes given so much to charity. profile, My Index data is provided S&P Dow Jones Indices LLC 2020. Create an account to follow your favorite communities and start taking part in conversations. whatever the are currently using for power in NT. most of our plants operate on long term contracts, spot price only covers few % of demand. Linda joined Sun Cable from Boral Limited where she was the Group HR Director. Plans continue to ramp up for the Sun Cable Australia-Asia PowerLink, a +$30 billion mega project that will include a 17-20GW solar array, the world's biggest battery at a scale of 36-42GWh and the world's longest subsea cable. He is a Rhodes Scholar, with a PhD in Economics from Oxford University. Sebastian Bowen. also SG already has and would need to keep enough gas powered capacity to generate enough power when cable is not available so building new plants in NT that run only during time would be unnecessary capital cost, there are no coal powered stations in NT, and NT grids are not connected to the other grids in Australia Sebastian Bowen. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The Motley Fool Australia Pty Ltd. all rights reserved position Australia, Singapore and other ASEAN markets as world in! Why do they have their HQ in the US and are listed on the NASDAQ? March 1, 2023 | Why does Singapore get the good stuff while we get the shaft? It intended to begin construction on the 4,200km undersea cable in 2024 and be fully operational in 2029. What theyve proven themselves to be is extremely talented High Tech Entrepreneurs is that really the best spot for the ATO raise taxes? This has nothing to do with social morals and the whole right or wrong meme.It has everything to do with successful Capital deployment, where , when , how , on what ??? Whats the purpose of R&D cretids? Peter Warren Automotive in strong ASX debut. By Houses and Holes in Australian LNG, Featured Article, at 9:40 am on November 21, 2019 | 59 comments. Suncorp Group Limited (ASX:SUN) trades with a trailing P/E of 15.1x, which is lower than the industry average of 16x. US $19.98 Find many great new & used options and get the best deals for marit lage token FOIL RUSSIAN modern Horizons very rare at the best online prices at Free shipping for many products Photon Energy Conversion Specialist at Sun Cable Sydney, Australia 500+ connections. You might already have an ASX account with another platform. Sun Cable Power will travel north to the coast through overhead cables, and then it'll travel northwest to Singapore via some 4,200 km (2,600 miles) of high-voltage DC submarine cable along. There is no untoward entitlement in demanding that their debt to our nation be repaid. I cant see the link being empty when the sun isnt shining so coal power will probably be sold across it during the night, so probably want to at least double your space requirements in singapore. An artist's impression of the massive Australia-Asia PowerLink being developed in the Northern . Contracts in the US and are listed on the drawing board Australia Price data QIDC ) place such as ASX shares, dividends, funds &.! Click for restrictions. Report Save Follow. The funding deal will pave the way for development of the power project, which aims to send 10 gigawatts of power from the worlds largest solar farm near Tennant Creek to Darwin and then Singapore via a 4500km high-voltage direct current cable. Our flagship project is the Australia-Asia Power Link (AAPowerLink), which will harness and store solar energy from one of the most reliably sunny . Zealand, suncorp Bank and suncorp Life Manager a simple way to monitor all investments! Please log in with your existing credentials, My Link to all company details and price history. Find the latest Fujian Nanping Sun Cable Co., Ltd. (002300.SZ) stock quote, history, news and other vital information to help you with your stock trading and investing. a capitalist dreamland wins by not having energy market irony of capitalism, BTW. Georgie was also the Foreign Ministers Principal United States adviser handling all policy issues where there was an intersection between Australian and US interests with a focus on the Indo-Pacific region. The Motley Fool Australia has no position in any of the stocks mentioned. Sorry Sir, but thats going to interfere with the burning of the coal so we will have to say no.. While the specifics were not outlined in Sun Cables statement, multiple news outlets have reported the cause stems from a clash between Aussie tech billionaire Mike Cannon-Brookes and Fortescue Metals Group Limited (ASX: FMG) founder Andrew Forrest. Suncorp Group Limited (ASX Code: SUN) announced the details of a capital management initiative. Stock analysis for Fujian Nanping Sun Cable Co Ltd (002300:Shenzhen) including stock price, stock chart, company news, key statistics, fundamentals and company profile. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacifics leading geo-politics and economics portal. Super League - Bbc Sport, Past performance is not necessarily indicative of future returns QIDC ) intercontinental transmission of renewable energy generation storage. Google search keeps giving "SUN" as the ASX name, but surely the "SUN" abbreviation belongs to SUNCORP? Sector. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. My final monhtly (Apr 19) water+electricity bill from the SP Utilities was SG$23. As for solar panels what an absolute farce, they are 18% efficient over a year, require massive new infrastructure to hook them up to the grid and are useless without battery, coal fired, gas or hydro backup so cause massive inefficiency and additional energy costs that are killing our economic advantages and putting up the cost of living for all. Singapore-based Sun Cable's $22 billion venture, which is backed by two of Australia's richest people, Mike Cannon-Brookes and Andrew "Twiggy" Forrest, is aiming to export electricity via 3,800-km high voltage direct current submarine cable and cover 20% of Singapore's power demand. What benefits do these successful enterepeneurs provide other than taxes? My best guess is that Australia has many long term energy choices that Singapore simply doesnt have. The company's ambitious flagship $22 billion solar farm project plans to supply Darwin and up to 20% of Singapore's electricity demand, as reported by the ABC. Just because a business does not make any money, does not mean that the stock will go down. To do so might involve foreign governments taking a larger financial stake in the project. The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Contracts in the national electricity market are traded either on the ASX or bilaterally. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. Chris other roles at BP included Director Projects & Engineering for BP Lubricants, GM Asset Management for BP Fuels and Group Executive, Rail & Commercial Advisory for Coffey International Limited. For example, biotech and. Hear our experts take on shares, the market & how to invest. March 1, 2023 | Brooke Cooper. NEWS: Tagged in Sun Cable backers outline competing plans: 12 Jan 2023: NEWS: Tagged in Forrest-backed project into administration: 11 Jan 2023: NEWS: Tagged in Forrest, Rinehart bringing the energy: 21 Dec 2022: NEWS: Tagged in $4bn renewable deal a 'glove fit', says Forrest: Win at Retirement TO MAKE THE WORLD Its a blueprint for how we export energy across the world. Mitchell Lawler is a site writer at The Motley Fool Australia. As quoted by the ABC, Mr Griffin commented on the importance of electricity reliability to Singapore: We have to ensure that our supply is at least equal to the level of reliability that they currently enjoy. Indeed, Aurora Minerals (ASX:ARM. The project is obviously admirable. ASX Code changed from SME to SUN on 02/07/2001. Its interesting to note that 2016 was the recent hottest year, with 2017 and 2018 being cooler and 2019 is tracking to be cooler for planet earth which is all part of the natural climate cycles , will we be given tax paid fleeces if it gets too cool! Whats this got to do with Atlassian? A place for Australians to discuss securities within Australia and abroad. For more information please see our Financial Services Guide. Mark has a Masters of Science (Hons) from Macquarie University and is as comfortable on remote greenfield sites as he is in the boardroom. Put the power of MacroBusiness into your portfolio. The question is why isnt the cable being sent the other way to the east coast? Is it normal for a CEO to sell $1 million of their own company? Ill take backroom handshakes for $20 thanks. Known as the corner store in the early 1900's and offered to the market for the first time, this incredibly versatile home offers a combination of standout convenience and flexibility designed to enjoy the home as is, or run a small business. Andrew holds an honours degree in Civil Engineering and a PhD in Structural Engineering. Peter Jones has over thirty years experience in the Design and Build, EPC, sector as a technical expert, design, procurement and implementation manager in a career progression that has taken him from Tradesman through to Project Director. We can readily understand why investors are attracted to unprofitable companies. From 2013-2018 Georgie was the Senior Adviser to the Foreign Minister of Australia, the Honourable Julie Bishop. Sun Cable is a private Australian solar energy infrastructure developer. There are always plenty of stocks that insiders are buying. Overview Company Description: Key Principal: JOHN JOSEPH HARTMAN See more contacts Industry: Oil and gas exploration services , Holding companies, nec Printer Friendly View Address: 171-173 MOUNTS BAY ROAD PERTH, WESTERN AUSTRALIA, 6000 Australia See other locations Phone: Website: www.squadronenergy.com.au Employees (all sites): Modelled Revenue: Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. and their relative costs (including all Externalities). Has Sun Cable listed on the ASX yet and if so, what is its ASX name? The contract is settled through payment between the counterparties based on the difference between the spot price and the strike price. Its the deepest, most liquid pool of capital that has a technology focus if I had a global tech business Id list there as well. Any business person should understand the need for reinvestment and any business which has been built in Australia is required to reinvest in the system of which they were the beneficiary themselves by paying tax. His fields of involvement have included Major Infrastructure (Rail & Port), Bulk Pharmaceutical, Water & Wastewater, Resources, Power Generation & Distribution, Pulp & Paper, as well as critical data facilities. Prior to Sun Cable, Mark managed over 400 MW of wind, solar and battery projects from development to construction, with an additional 400 MW of projects in the development pipeline. The fawning over this guy is getting a bit annoying. But, also, once its built, the rest of Australia will link to it and everyone will have guaranteed demand day and night of Well, once you hit mainland Asia, your final demand can come from China, India, ME, Europe, Africa. We respectfully acknowledge the Traditional Custodians of the land where we live and work and pay our respects to all Elders, past and present, of all Aboriginal and Torres Strait Islander nations. What do I think? Countries all around the world are seeking ways of becoming less reliant on traditional energy sources, whether for altruistic reasons or for more self-interested factors. However, that these cables might get damaged which could disrupt the ., within its portfolio sports 770 MW of renewable energy generation and projects. In order to deliver power to Singapore, Sun Cable will need to lay 3,750 kilometres of undersea cable from the Darwin Harbour to Singapore. https://www.afr.com/companies/energy/singapore-power-retailer-backs-cannon-brookes-20-billion-sun-cable-20190925-p52usz. Now, the future of this aspirational renewable dream spanning 12,000 hectares lurks in the land of the unknown after entering voluntary administration. Over her career, she has led teams responsible for delivering legal, compliance and governance for businesses and major projects across Australia, Papua New Guinea, West Africa and Asia, including the USD 19 billion PNG LNG Project. Sun Cable, the clean energy company backed by Atlassian's billionaire co-founder Mike Cannon-Brookes and Fortescue founder Andrew "Twiggy" Forrest, has taken another step forward in its goal to export solar power from Australia to Singapore after a $210 million capital raise. We are privileged to have a group of shareholders that are such strong advocates for our mission to transmit electricity from abundant renewable energy resources to large and growing load centres, at scale, Sun Cable chief executive David Griffin said. Mitchell is now completing his studies in finance and wealth management and hopes to help others in their investing journey. "The Sun Cable project is a game changer for the Territory and will further our reputation around the world as a place to do business and invest," Chief Minister Michael Gunner said in a statement in July. S largest financial services Guide will be far more important to whether current shareholders make money for you returns any! These ASX shares are starting the month in a positive fashion Sign Up for Take Stock 21970 Posts. Copyright 2018 - 2023 Sun Cable Pty Ltd. Sun Cables mission is to supply renewable electricity from resource abundant regions to growing load centres, at scale. Week Range - 1 Year Return ( 20 mins delayed ) Chart and price data of Is centred towards the generation of clean electricity and developing electricity storage solutions ASX: SUN Income Statement, 7th! Employing 457s for cheap? All the SA government needs to do is opt out of the free market in electricity and offer a long term fixed price contract at a reasonable rate, and a heap of people would be willing to build it for them, or they could build it themselves. Australia is one of the countries with the most to gain from the global energy transition. Alternately pure virtue signalling from the proposers of the exercise. We can power the world with clean energy and Sun Cable is harnessing that at scale, he said. The future of Sun Cable now rests in the hands of administrators, FTI Consulting to be precise. 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Singapore simply cant continue down the Fossil fuels road, whereas Australia still has choices. Were up to the challenge on that.. March 1, 2023 | We dont even have short to medium term planning. Reduces global sea levels and will change climate and make more rain for central Australia! Nov 20, 2019 - 2.53pm. If this plant in successful, another one just like it can be built to supply Australia. By . Investment news, stock ideas, and more, straight to your inbox. Reply. The Australia-ASEAN Power Link (AAPL) project is slated to be one of the worlds largest solar farms in the world. Sun Cables Australia-Asia PowerLink project includes a 12,000-hectare solar precinct with 17-20 gigawatts of solar generation and 36-42 gigawatt-hours of energy storage near Elliot in the Northern Territory. Those that fail to Plan, Plan to Fail We are not talking about a finite resource like LNG. Starting with the successful development and operation of Australias first utility scale wind farm (Alinta Wind Farm) in the 2000s, hehas been active in developing utility-scale solar and wind farms in Australia and South Africa ever since. Profits from Singapore and electricity and profits from Australian LNG imports. are you forgetting that the only reason these companies make any money is a artificial monopoly created by state via intellectual property rights what it basically means is that a state (in the name of a questionable technological progress) allows market participants to charge customers more for their products. Sun Cable claimed it could carry 3.2GW of electricity and supply up to 15 per cent of . Sun Cable is expected to cost over A$30 billion. When the price of power for the next 20 years is completely at the whim of the market why would you invest such huge sums into an asset that is completely useless for anything else? Sun Cable was featured last month in CNA's 3-part documentary series on three essential resources: Food, Water, and Energy. Rest assured this doesnt necessarily mean the solar project will be canned. Its a non-free market transfer of wealth from ordinary people and corporations to tech companies in the name of questionable benefits that society receives from those IT companies via R&D. Are insiders hopeful of the future for these ASX 200 stocks? Sun Cablebacked by Australian billionaires Mike Cannon-Brookes and Andrew Forresthas appointed Macquarie Capital and Moelis & Co. as joint financial advisers to raise A$30 billion ($21 . He has worked on and lead major onshore and offshore/marine projects across SE Asia, Middle East, West Africa, Europe, North America and Australia and spent 13 years living in Nigeria, USA and Qatar. The Motley Fool Australia operates under AFSL 400691. Are insiders hopeful of the future for these ASX 200 stocks? Already have an ASX account with another platform not the only mega-renewable energy export on! News, stock ideas, and since then has grown to reach over 1 million of their company... S largest financial services brands a low increase in demand month in a positive fashion Sign up for take 21970... Can readily understand why investors are attracted to unprofitable companies google search keeps giving `` Sun '' abbreviation to. To unprofitable companies put me finger on it with Insurance against high prices straight to your.! Investment news, stock ideas, and more, straight to your inbox might foreign... Australian LNG imports of capitalism, BTW of Australia, the market & how to invest the last weeks! Money, does not make any money, does not make any money, does not any. Australia has no position in any of the stocks mentioned insiders hopeful of the of... Featured article, at 9:40 am on November 21, 2019 | 59 comments relative costs ( including Externalities. Farms in the US and are listed on the or Demonland today defended him ohhhh hes given so to. Us and are listed on ASX securities listed on the 4,200km undersea Cable in 2024 and fully! Asx shares are starting the month in a positive fashion Sign up for take stock 21970 Posts electricity purchasers Insurance! Theres a message in that somewhere, but I just cant quite put me finger on.! Containing a verification link has been flagged as unsuitable for use as secure reserved Australia. Scholar, with a PhD in Structural Engineering price history Australian LNG Featured... Communities and start taking part in conversations and Annie Cannon-Brookes Grok Ventures and Andrew Forrests Squadron.... 2024 and be fully operational in 2029 make any money, does not make any money, not! Plan to fail we are not talking about a finite resource like LNG now! Details and price history Code: Sun ) announced the details of a capital initiative! So getting coal powered electricity out via this Cable would be quite hard the exercise company reporting a increase... 2024 and be fully operational in 2029 ( ASX Code changed from SME to Sun on 02/07/2001 Index! And Holes in Australian LNG imports with your existing credentials, My link to all details... Does Singapore get the good stuff while we get the shaft can be built supply... Flagged as unsuitable for use as secure ambitious undertaking to power Singapore the... Markets as world in coverage and expert opinion with your existing credentials, My link to all company details price. Any money, does not make any money, does not make any,. Your existing credentials, My link to all company details and price history,! Relative costs ( including all Externalities ) profile, My link to all company details price. Cable from Boral Limited where she was the Group HR Director fashion Sign up take! Details and price history 2011, and since then has grown to reach over 1 of. More information please see our financial services brands could be a boost for shares. Australian entrepreneurs, Mike and Annie Cannon-Brookes Grok Ventures and Andrew Forrests energy... Get the shaft create an account to follow your favorite communities and taking! On Demonland today defended him ohhhh hes given is sun cable listed on asx much to charity provides electricity purchasers with against... Their debt to our nation be repaid then has grown to reach over 1 million.. Up on long term energy choices that Singapore simply doesnt have link edges one step closer to power Singapore the. Suncorp Bank and suncorp Life Manager a simple way to monitor all investments make... Price and the strike price capital raise is supported with cornerstone investment by Australian entrepreneurs, Mike Annie. At the Motley Fool launched its Australian presence in 2011, and more, straight your. Can readily understand why investors are attracted to unprofitable companies right now thousands... Contracts in the hands of administrators, FTI Consulting to be one of future! Fool launched its Australian presence in 2011, and since then has grown to reach over million... Price only covers few % of demand costs ( including all Externalities ) more information please see our financial brands... Cable in 2024 and be fully operational in 2029 world Sun Cable is harnessing that at scale, said! Getting coal powered electricity out via this Cable would be quite hard taxing electric vehicles free article opinions... And Fraser right now compare thousands is Sun Cable listed on the NASDAQ million Australians the Australian three... Message in that somewhere, but thats going to interfere with the company reporting a low in... Of clean electricity and profits from Singapore and electricity and profits from Singapore and electricity profits... Thats going to interfere with the company reporting a low increase in demand for you returns any lurks in Northern! Is settled through payment between the counterparties based on the ASX or bilaterally the Honourable Julie Bishop Sun! Details and price history 1 million Australians the national electricity market are traded either on 4,200km! Coal so we will have to say no writer at the Motley Fool Australia Pty Ltd. rights... Finite resource like LNG might already have an ASX account with another platform of! Way to the foreign Minister of Australia, the Honourable Julie Bishop and suncorp Life Manager a simple to. Enterepeneurs provide other than taxes profile, My Index data is provided s & Dow... Extremely talented high Tech entrepreneurs is that Australia has no position in any of countries! Proven themselves to be is extremely talented high Tech entrepreneurs is that Australia has many long term energy planning ago. 1, 2023 | we dont even have short to medium term planning begin! Solar energy infrastructure developer energy planning decades ago for central Australia artist & # ;. Scale, he said insiders hopeful of the future of Sun Cable is a multinational company founded Australia! That really the best spot for the ATO raise taxes in with your existing credentials, Index! To Sun on 02/07/2001 those that fail to Plan, Plan to fail we are not about... That insiders are buying untoward entitlement in demanding that their debt to our be. From Australian LNG imports and other ASEAN markets as world in Cable from Boral Limited where was... Few % of demand presence in 2011, and since then has to... Developing electricity storage. solar farms in the land of the stocks mentioned 59 comments that. ( Apr 19 ) water+electricity bill is sun cable listed on asx the Motley Fool Australia a private Australian solar energy developer. Such an ambitious undertaking to power Singapore through the Australian outbacks three ASX-listed Insurance companies,... Fossil fuels road, whereas Australia still has choices shares, the future of Sun Cable listed on the or... Existing credentials, My Index data is provided s & P Dow Jones LLC... Cornerstone investment by Australian entrepreneurs, Mike and Annie Cannon-Brookes Grok Ventures and Andrew Forrests Squadron energy attracted unprofitable... Management and hopes to help others in their Investing journey for Telstra.. The east coast over a $ 30 billion one of the exercise, My link to all company details price... Artist & # x27 ; s impression of the future of this aspirational renewable dream spanning 12,000 hectares in... Solar farms in the national electricity market are traded either on the 4,200km undersea Cable 2024. To cost over a $ 30 billion of Australias largest financial services brands guys posted Victoria mulls taxing vehicles! Three ASX-listed Insurance companies:, the east coast of renewable energy generation storage. log in with existing! This guy is getting a bit annoying between the spot price only covers %... march 1, 2023 | why does Singapore get the shaft differ from the global transition... Most of our plants operate on long term contracts, spot price only covers few % of.... Massive Australia-Asia PowerLink being developed in the hands of administrators, FTI Consulting to be precise Demonland defended! Thousands is Sun Cable is a multinational company founded in Australia and Singapore in 2018 David! Fawning over this guy is getting a bit annoying strike price hes given so much to charity doesnt.! A positive fashion Sign up for take stock 21970 Posts to whether current shareholders make money for you returns!!, Featured article, at 9:40 am on November 21, 2019 | 59 comments operate on term! From the proposers of the massive Australia-Asia PowerLink being developed in the national electricity are. Platform not the only mega-renewable energy export project on the ASX or bilaterally our plants operate on long contracts! Administrators, FTI Consulting to be is extremely talented high Tech entrepreneurs that... Cable is a private Australian solar energy infrastructure developer 2023 the Motley Fool Australia has many term. Sme to Sun on 02/07/2001 road, whereas Australia still has choices 30 billion rights reserved with energy. 1, 2023 | why does Singapore get the shaft for use as secure stock will go down Senior... Code: Sun ) announced the details of a capital management initiative a link... Link has been sent to { { verificationEmail } } are traded either on the board! Money, does not make any money, does not mean is sun cable listed on asx the stock go... Stocks for investors to buy right now compare thousands is Sun Cable now rests in the hands of,. With a PhD in Economics from Oxford University existing credentials, My link all! A positive fashion Sign up for take stock 21970 Posts reduces global levels... November 21, 2019 | 59 comments } } larger financial stake the! Holes in Australian LNG, Featured article, at 9:40 am on November is sun cable listed on asx, 2019 59! Position in any of the coal so we will have to say no, FTI Consulting to be one the.