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ABC News
ABC News
Business
Jacqueline Breen and Alicia Perera

Northern Territory government downplays Sun Cable's voluntary administration as list of troubled major projects grows

The Northern Territory government is downplaying concerns about the future of the $30 billion Sun Cable project, after the collapse of the company behind what would be the world's largest solar farm.

A dispute about project financing between the energy company's two biggest shareholders — billionaires Andrew "Twiggy" Forrest and Mike Cannon-Brookes — is understood to be behind its move into voluntary administration.

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