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Billionaires Bid For Giant Australian Solar Project

Two of Australia’s richest people, Andrew Forrest and Mike Cannon-Brookes, have submitted bids to buy Sun Cable, a solar company proposing to install the world’s longest subsea cable to send solar-generated power from Australia to Singapore, Bloomberg reported on Friday, quoting sources with knowledge of the matter.

  Forrest and Cannon-Brookes are current investors in Sun Cable, but their dispute over funding plans for the $20-billion project led to the collapse of the company in January. Sun Cable was put under administration,…

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