Squadron Energy will go head to head with fellow billionaire Mike Cannon-Brooks for control of Sun Cable, but if successful Andrew Forrest’s company will dump a 4200 km submarine link to Singapore.
Andrew Forrest’s Squadron Energy is considering bidding for Sun Cable – the visionary $35 billion clean energy export project in northern Australia – against Mike Cannon-Brookes, but will dump a 5000-kilometre power cable link to Singapore if successful.as fractures between the Rich Listers over the funding, management and strategy of the company blew up, dashing hopes of clean energy proponents around the world who were captivated by the project.
At 4200 kilometres, the link to Singapore would be more than five times bigger than the longest submarine link yet proposed, the 767 kilometre Viking link between the UK and Denmark, a feature which feeds scepticism about its viability.
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