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The Independent UK
The Independent UK
Samuel Webb

Australian billionaires invest $152m in undersea cable that will deliver solar power to Singapore

Sun Cable

Australian billionaires Mike Cannon-Brookes and Andrew Forrest have invested $152 million (£116 million) into a 4,200-kilometre undersea cable link that will deliver solar electricity to Singapore.

The Sun Cable project, which will be the world’s longest undersea high voltage direct current cable, is being funded by Cannon-Brookes’ Grok Ventures and Squadron Energy, a wholly owned subsidiary of Mr Forrest’s privately held investment firm Tattarang.

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