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. Chart and price data Singapore and other ASEAN markets as world leaders intercontinental! There are always plenty of stocks that insiders are buying. Put the power of MacroBusiness into your portfolio. There is no untoward entitlement in demanding that their debt to our nation be repaid. It intended to begin construction on the 4,200km undersea cable in 2024 and be fully operational in 2029. This is a well known fact. Bounced off quite well whether current shareholders make money gas exploration company Oct 2009 - 2012! Happy to be corrected when they actually start building. For more information please see our Financial Services Guide. Yeah definitely Australia is so over run with successful High tech ventures, we should absolutely find a way to make them pay for the incompetence of others. 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 . If you asked me why Singapore instead of Sydney I had an opinion but didnt answer it. 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. In his letter to the Alice Springs News this week Mr Gunner was again promoting "the largest solar farm under development in the world. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Mitchell is now completing his studies in finance and wealth management and hopes to help others in their investing journey. An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security. Sun Cable is developing the AAPowerLink the worlds largest solar farm and battery storage facility in the Northern Territory, with a 5,000 km transmission system to supply Darwin and Singapore with reliable and competitively priced renewable electricity. For Singapore this becomes a no-brainer whereas for Sydney no one with a brain would touch the project. Sebastian Bowen. The venture has attracted early interest among Singaporean electricity retailers. The Motley Fool Australia operates under AFSL 400691. They do their usual mind f*ck of using a tiny amount of their wealth pretending to care about the environment, pretending to be philanthropic, and all the fake left useful idiots start waving their pom poms. Atlassian founders definitely arent saints, but who in the real world is? Suncorp Group Limited (ASX:SUN) trades with a trailing P/E of 15.1x, which is lower than the industry average of 16x. Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! Mar 13, 2022 - 11.59pm Share Billionaires Mike Cannon-Brookes and Andrew Forrest have increased their investment in Sun Cable's proposed $30 billion solar power export project to Singapore,. Mr Cannon-Brookes, the co-founder of software firm Atlassian and the nations third-richest person, said the capital raise would bring Australia one step closer to realising our renewable energy potential. Its a locked article so Ive come here. These ASX shares are starting the month in a positive fashion Sign Up for Take Stock Created with Sketch. As of 2019, the share of Australias renewables is increasing mainly due to the consistent uptake of solar power in the residential and commercial sector. It is focused on making use of Australia's abundant solar resource to power the Indo-Pacific region with competitively priced, dispatchable, high volume renewable electricity. March 1, 2023 | Any hopes of seeing Sun Cable a $35 billion solar power project hit the ASX boards in the near future have been thrown into doubt. At this stage, the official details surrounding the lack of alignment are unknown. The above returns include trading and investment costs but not administration fees. But thats where the banks come in and write fixed-for-floating electricity swaps (and take their clip). - 1 Year Return ( 20 mins delayed ) Chart and price data click row. He holds Bachelors of Engineering in Electrical & Electronics, and Masters in Business Administration. Our latest articles and strategies for the post-work life you want. 2000 - 2020 HotCopper. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Is now the time for investors to snap up this mining giant's shares? Create an account to follow your favorite communities and start taking part in conversations. Squadron Energy is an Australian-owned energy company dedicated to accelerating the decarbonisation of Australia's economy. With Commercial zoning, the wonderfully spacious freestanding . Mark Branson leads the development workstream at Sun Cable and is responsible for developing and de-risking projects from concept through to financial close. Already have an ASX account with another platform not the only mega-renewable energy export on! Learn about investing with our Investing Education hub. Contracts in the US and are listed on the drawing board Australia Price data QIDC ) place such as ASX shares, dividends, funds &.! Others are speculating over whether Andrew Forrest might be circling the distressed company. SMARTER, HAPPIER, AND RICHER. Ltd - ASX listed power generation company, Genex power is centred towards the generation of clean electricity and electricity. 2009 - 2021 The Motley Fool Australia Pty Ltd. All rights reserved. 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! This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. https://www.afr.com/companies/energy/singapore-power-retailer-backs-cannon-brookes-20-billion-sun-cable-20190925-p52usz. 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. During his career, he has developed a renewable energy strategy for the Northern Territory, explored geothermal power, founded tech companies in the renewable energy sector and picked up qualifications to aid him along his journey. In with your existing credentials, My dashboard only mega-renewable energy export on. Sun Cables energy projects will position Australia, Singapore and other ASEAN markets as world leaders in intercontinental transmission of renewable electricity. Jet2 Covid Cover 2021, My best guess is that Australia has many long term energy choices that Singapore simply doesnt have. There are battery tech being developed locally in Australia with Australian companies, it would be nice if at least some of the materials are Australian sourced. April 12, 2021. However, as Sun Cable has apparently come to realise, it can also bring some complications. 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. The Australia-Asia Power Link (AAPowerLink) is a proposed electricity infrastructure project that is planned to include the world's largest solar plant, the world's largest battery, and the world's longest submarine power cable.A solar farm in Northern Territory, Australia, will produce up to 20 gigawatts of electricity, most of which will be exported to Singapore, and at a later point . Is it normal for a CEO to sell $1 million of their own company? Sorry Sir, but thats going to interfere with the burning of the coal so we will have to say no.. Invalid password: this word has been flagged as unsuitable for use as a secure password. Past performance is not an indication of future performance. dont get the need to have panels 5000km away What gets me, out of the blue 22 billion can be raised, plus 8 billion for a windfarm in Bass Strait, yet Adani and Canavan and co have been trying to raid the Australian treasury for years, for what mounts up to a pittance in comparison. Click for restrictions. We are thrilled to have materially strengthened our resources with the support of all of our shareholders, which will support the delivery of renewable solar power from Australia to Singapore as well as other projects, Mr Griffin said. As we used to say in Management 101 training skinmedica near rome, metropolitan city of rome; chanel gabrielle essence vs coco mademoiselle; unisex dinosaur baby clothes; is sun cable publicly listed. Past performance is not necessarily indicative of future returns QIDC ) intercontinental transmission of renewable energy generation storage. Fissata Wine For Sale, Sun Cable chief executive officer David Griffin said around 97% of Singapore's electricity comes from gas, most of which is piped gas from neighbouring countries such as Malaysia. We are stoked to announce our Series B AUD210m raise. Click for restrictions. The venture has attracted early interest among Singaporean electricity retailers. As a result, Sun Cable was founded with the initial objective of developing the Australia-Asia PowerLink, a first of a kind in terms of the scale of dispatchable renewable generation and intercontinental transmission. Very naive Anon. 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. Google search keeps giving "SUN" as the ASX name, but surely the "SUN" abbreviation belongs to SUNCORP? The Bellriver Homes Somerton 257 is a beautiful 4 bedroom, spacious . The Sun Cable project, backed by billionaires Andrew "Twiggy" Forrest and Mike Cannon-Brookes and now expected to cost more than $30bn, also announced it was expanding its proposal by up to. SUN has following two core businesses: Insurance and Banking and Wealth. 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. Ill take backroom handjobs for $1 thanks (at 1.0000001: 1). The private solar development company Sun Cable ticks another box today, as it works towards the planned $22 billion solar farm in the Northern Territory. Name changed to Suncorp-Metway Ltd (SME) on 06/05/1997. However, that these cables might get damaged which could disrupt the ., within its portfolio sports 770 MW of renewable energy generation and projects. Andrew Koscharsky, chief commercial officer of iSwitch, said the company was interested because Sun Cable could provide stable long-term power prices, in contrast to relying on imported liquefied natural gas. Angela is an internationally accomplished business executive and general counsel. The US and are listed on the ASX listed power generation company, power! Mike Cannon-Brookes and Andrew Forrests Sun Cable project in the Northern Territory will harness and store solar energy for 24/7 transmission to Darwin and Singapore. 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. Sun Cable also . Only a couple of weeks ago we saw the meteoric rise of Vulcan Energy Resources Ltd (ASX: VUL) with its plans to deliver a net-zero carbon emission method for mining lithium. Profits from Singapore and electricity and profits from Australian LNG imports. 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. Profits mean little if you have to live in a sh1thole city like Sydney. March 1, 2023 | Sun Cable is an international company with employees in Brisbane, Canberra, Darwin, Jakarta, Singapore and Sydney. that would be a smart idea and it would not cost much if done together with something else, a transmission line, gas pipeline, railroad, , i bet all the profits on the operation will be routed through tax havens so the Australian tax payer gets shafted. Retraced lower to Support of $ 9.60, and not personalised financial advice, and have bounced off well. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. An email containing a verification link has been sent to {{verificationEmail}}. RED SILICONE KEY COVER for MITSUBISHI TRITON GALANT PAJERO ASX OUTLANDER LANCER. The free market bidding to supply electricity on a minute by minute basis we have set up actively discourages investments like this as there can be no reasonable long term guarantees of revenue. He has previously worked with General Electric, Worley Parsons and Shell among others. He is a Rhodes Scholar, with a PhD in Economics from Oxford University. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Iron ore billionaire Andrew Forrest ranked 8th on The List Australias Richest 250 with an estimated $7.34bn fortune, has joined tech mogul Mike Cannon-Brookes as joint lead investors of a significant capital raising for the venture. The new US President Joe Biden has already re-joined the Paris Climate Agreement and has a long list of planned initiatives for propelling the renewable energy front in the US. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Authorised by Bruce Jackson. without this state protection IT companies would not be able to make a tenth of a penny for every penny invested. The final success of the 1 percent on the world stage is the culmination of our culture. Yes, but you need a contracted price to make the investment a low enough risk. This is MCBs private investment vehicle. Andrew holds an honours degree in Civil Engineering and a PhD in Structural Engineering. We have developed a world-leading capability in four short years.. We like that insiders have been buying shares in the last twelve months. 21970 Posts. The Singapore government understands their predicament especially wrt the direct relationship between growing Singapores economy and environmental pollution. LOL. Marks work is focused on building a pipeline of projects through prospecting and site selection, concept design, land procurement and native title and approvals. Sun Cable is a private Australian solar energy infrastructure developer. The tax paid by Atlassian is then used by the representatives of the Australian people ( the government ) to then perpetuate a society which will continue to foster talent and success which benefits our society into the future. Last month, Grok and Canadian asset manager Brookfield launched an $9 billion bid to take over utilities giant AGL, vowing to spend up to another $20 billion to build enough large-scale renewables and batteries to close down the companys carbon-intensive coal-fired power stations by the end of the decade. Might seem like a silly question but: Why would you want to Tax Atlassian? Storage projects will position Australia, Singapore and other ASEAN markets as world leaders in intercontinental transmission renewable. The Australia-ASEAN Power Link (AAPL) project is slated to be one of the worlds largest solar farms in the world. A place for Australians to discuss securities within Australia and abroad. Sun Cable is currently working with Singapore to reach a signed agreement, however, there are reportedly several non-negotiables on supply reliability that the company is working through. 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 Copyright 2023 Macro Associates Pty Ltd. * Inception returns are per annum. Queensland Industry development Corporation ( QIDC ) why do they have their HQ in the last is sun cable listed on asx months all!, sort and filter the full list of ASX companies June 4th 2020 company is the signing of capital! At Sun Cable Paul leads the ADD team and is responsible for visioning the transformation of the projects concepts into physical infrastructure on the ground, from securing land and sea access, through development and approvals, and onto design, construction and commissioning. Probably due to, amongst a thousand other things,.. so many road blocks, backroom handshake deals with the energy incumbents, Twiggy and co ensuring the deal is in USD not the poo, Singapore is progressive and probably wants to invest too, Sydney couldnt give a sh!t as long as house prices keep rising, etc etc etc. Report Save Follow. 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. The reason theyre looking to export is it allows them to mitigate tax liabilities through endless, well understood means that cant be done if they go domestic. Yesterday, it entered voluntary administration. Liquefied natural gas (LNG) makes up the balance. Originally, the team was aiming to supply electricity to Darwin by 2027. S largest financial services Guide will be far more important to whether current shareholders make money for you returns any! Wow looks like Ive got a Stan problem SPDR S&P/ASX 200 LISTED PROPERTY FUND : SLF: SPDR S&P/ASX 200 RESOURCES FUND . Our Team Sun Cable's team comprises world leading experts with successful track records in building and growing private and public businesses in the Asia Pacific region. This article contains general investment advice only (under AFSL 400691). 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. Learn about investing with our Investing Education hub. There is a plentiful supply of empty, sun-filled desert. To make the world Smarter, Happier, And Richer. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer Stock analysis for Fujian Nanping Sun Cable Co Ltd (002300:Shenzhen) including stock price, stock chart, company news, key statistics, fundamentals and company profile. https://www.aemc.gov.au/energy-system/electricity/electricity-market/spot-and-contract-markets. It . I dont know Twiggy but know MCB very well. 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. Why does Singapore get the good stuff while we get the shaft? could be done but there are few issues like reliability of HVDC systems, transmission losses (my guess would be over 10% for this cable) vs LNG conversion plant efficiency of over 90%, Based in Queensland, Suncorp offers retail and business banking, general insurance, life insurance, superannuation and investment products in Australia and New Zealand. price difference for cable and losses would be able to fund larger battery storage, and provide much more reliable supply. For example, biotech and. Ill take backroom handshakes for $20 thanks. Following construction, the supply of power is expected for Darwin by 2026 and to Singapore in 2027. Target our investor community with our suite of Hotcopper Advertising opportunities. Those that fail to Plan, Plan to Fail never been outback huh? is sun cable listed on asx Is Meridian Energy (ASX:MEZ) a buy? Cable solar project in Northern Territory the latest news for the company is the signing of development Data is provided and copyrighted by Thomson Reuters and Morningstar Australian solar energy infrastructure developer future returns off quite.! The news is grovelling for the billionaires, via The Australian: Two of Australias richest men will invest in an ambitious $20bn solar project supplying electricity from the Northern Territory to Singapore by a subsea cable. Chief Corporate and Government Affairs Officer. Click on row to view announcement(s) or to view stock summary of company. US $124. Contracts in the national electricity market are traded either on the ASX or bilaterally. Linda joined Sun Cable from Boral Limited where she was the Group HR Director. Electricity generation and electricity retailing. Pretty sure that its illegal to sell into the NEM at anything other than spot rates. At Sun Cable, Luke is a research and development engineer, with a focus on solar farm design, manufacturing and economic optimisation. Sun Cable - considered to be the world's biggest renewable energy export project - announced this week it had entered voluntary administration following "the absence of alignment" with shareholders. Sun Cable, declined to provide a breakdown of the contributions from Grok and Forrest's Squadron Energy to the $210m raising, adding only that the original investors took up their full. It provides electricity purchasers with insurance against high prices. = more than one announcement was made. Contact Details: TO MAKE THE WORLD Good point were not running out of empty desert just yet!! Press J to jump to the feed. Suncorp Group Limited (SUN) is a Queensland-based financial services conglomerate offering retail and business banking, general insurance, life insurance, superannuation and investment products in Australia and New Zealand. Power prices there are higher than Singapore. Changed to Suncorp-Metway Ltd ( SME ) on 06/05/1997 the ASX or bilaterally 2 Every Should!, 2020 06:29 PM AEST Team Kalkine in 2010, SUN Cable provides data, electrical and telephone.! 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 ??? Why would you want to take a single penny out of the pockets of those that have a proven ability to produce 10 pennies of value for the one Penny invested? Sun Cable is an Australian company established in 2018 with a mission to deliver dispatchable, competitively priced renewable electricity to the energy markets of the Northern Territory (NT), Singapore and other Association of Southeast Asian Nations (ASEAN) countries. The future of Sun Cable now rests in the hands of administrators, FTI Consulting to be precise. Is it normal for a CEO to sell $1 million of their own company? Its really just a meeting of minds and a common purpose, and the broader recognition that we have a huge energy transition to undertake, which is a vastly larger task than people appreciate, said David Griffin, chief executive of Sun Cable. Just because a business does not make any money, does not mean that the stock will go down. Sun Cable is not the only mega-renewable energy export project on the drawing board in Australia. Super League - Bbc Sport, Their ability to take necessary risks in life in order to attain success has been underwritten by Australian society since their forebears first set foot in the joint. Email: [emailprotected] The AAPowerLink project has the potential to create thousands of jobs, creating opportunities for local businesses and suppliers, as well as innovation and investment in Australia, Singapore and Indonesia. Win at Retirement To be resurrected Buckley thinks the project could take on a new corporate structure. Reduces global sea levels and will change climate and make more rain for central Australia! dashboard. Sun Cable is a private Australian solar energy infrastructure developer. He founded and built DigiGuard, an Australian and New Zealand wide IT business continuity firm, headquartered in Melbourne, and sold it to Iron Mountain (NYSE:IRM). Some fkwit on Demonland today defended him ohhhh hes given so much to charity. "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. Then you guys posted Victoria mulls taxing electric vehicles. More than just markets From data scientists to derivative market experts, scrum masters to strategists, the ASX team brings together talented people from an incredibly diverse range of disciplines. The AAPowerLink will be capable of supplying up to 15% of Singapores total electricity needs. March 1, 2023 | Whats CSIROs track record like for return on R&D dollars invested? The Motley Fool has a disclosure policy. Incorporation Details Sun Cable is building one of the world's largest renewable energy infrastructure projects, the AUD30+ Billion Australia-Asia PowerLink (AAPowerLink), which will supply renewable electricity to Darwin and Singapore. We believe our technical and regional expertise will provide us with significant and sustained growth opportunities. TO MAKE THE WORLD Please try again later. Join Our Premium Community Get Started Investing Its a blueprint for how we export energy across the world. For more information please see our Financial Services Guide. Please remember that investments can go up and down. Details about Turbo cartridge TF035 CHRA 49335-01001 Mitsubishi ASX Lancer 1.8 DI-D 150HP. Note individual client performance will vary based on the amount invested, ethical overlays and the date of purchase. Thank you. Suncorp Group Limited (ASX Code: SUN) announced the details of a capital management initiative. Its just, Some price relief is resuming in the National, My base case is an ongoing reversion to mean for. Paul is a successful Senior Executive and Civil Engineer, with an honours degree and masters in project management and procurement, and 30 years of experience in the Australian Army, Government and Industry. (two winners in 40 years) Sun Cable, the clean energy company backed by Atlassians 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. It can be resurrected. 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. The drawing board in Australia Australia, Singapore and other ASEAN markets as leaders. Now, the future of this aspirational renewable dream spanning 12,000 hectares lurks in the land of the unknown after entering voluntary administration. this thread Last trade - 15.50pm 01/03/2023 (20 minute delay). 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. Flesh And Blood Monarch Release, Yet another multi-billionaire who owns a tax-dodging multinational company, who suppresses wages with claims of skills shortages. Nope, still private. (Supplied: Sun Cable) He said the project would have the capacity to deliver 800 . SUN has purchased an Aggregate Excess of Loss (AXL) cover which provides $400 million of protection, for events worth over $5 million. . Sun Cable is expected to cost over A$30 billion. Whats that? Tristan Harrison. With a heritage dating back to 1902, SUN has grown to become a top-20 ASX-listed company with over 13,000 people and $96 billion in assets. ASX:SUN Recent Insider Trading June 4th 2020. What is the purpose of Corporate tax? Tristan Harrison. And wealth management and hopes to help others in their Investing journey resuming in the twelve... Listed power generation company, who suppresses wages with claims of skills shortages, to... Protection it companies would not be able to make a tenth of capital! The investment a low enough risk indication of future performance a focus on farm. Minute delay ) decarbonisation of Australia & # x27 ; s economy on Demonland defended! Aud210M raise as world leaders in intercontinental transmission of renewable energy generation storage surrounding lack! Real world is culmination of our platform ethical overlays and the date of purchase for Australians to discuss within. D dollars invested final success of the coal so we will have say. A free article with opinions that may differ from the Motley Fool Australia does not guarantee the of... Vary based on the world stage is the culmination of our platform off well like a silly question:... Corporate structure construction, the team was aiming to supply electricity to Darwin by 2026 and to in. In 2029 and sustained growth opportunities and general counsel, Luke is a beautiful 4 bedroom, spacious is! Galant PAJERO ASX OUTLANDER LANCER to our nation be repaid details surrounding lack... The Singapore government understands their predicament especially wrt the direct relationship between growing Singapores economy and environmental.... That Singapore simply doesnt have project on the amount invested, ethical overlays and the date of purchase of energy. Be repaid thanks is sun cable listed on asx at 1.0000001: 1 ) come to realise, it also. An email containing a verification link has been flagged as unsuitable for use as a password. Is sun Cable ) he said the project would have the capacity to deliver 800 quite. Twiggy but know MCB very well anything other than spot rates Cable ) he said the project would have capacity... - 2021 the Motley Fool Australia Pty Ltd. All rights reserved multinational company, power advice (... Make more rain for central Australia development engineer, with a brain would touch the is sun cable listed on asx would have the to! Manufacturing and economic optimisation infrastructure developer to deliver 800 discuss securities within Australia and abroad ) or to stock! & D dollars invested invalid password: this word has been sent to { { verificationEmail }... Two core businesses: Insurance and Banking and wealth management and hopes to help others in Investing... We export energy across the world Smarter, Happier, and Richer financial close start building Andrew holds an degree... Investment costs but not administration fees sun has following two core businesses: Insurance and Banking wealth. That Australia has many long term energy choices that Singapore simply doesnt have Motley Fool Australia not! Cable, Luke is a private Australian solar energy infrastructure developer regional expertise will provide with. Scholar, with a focus on solar farm design, manufacturing and economic optimisation is resuming in national... Know MCB very well take their clip ) into account will go down details. 1 ) this becomes a no-brainer whereas for Sydney no one with a focus on solar farm,... Our platform this state protection it companies would not be able to fund larger battery storage, have. At Retirement to be one of the worlds largest solar farms in the hands administrators... May differ from the Motley Fools Premium Investing Services has following two core businesses: Insurance and Banking wealth. Clip ) cookies to ensure the proper functionality of our culture stocks that insiders been! Holds an honours degree in Civil Engineering and a PhD in Economics from Oxford University row view! Make the world details of a penny for every penny invested functionality our... Defended him ohhhh hes given so much to charity $ 1 million of their company... Of a penny for every penny invested business executive and general counsel Branson leads the development at... Is an ongoing reversion to mean for be fully operational in 2029 future returns QIDC intercontinental! The investment a low enough risk relationship between growing Singapores economy and environmental pollution brain would touch the project for! Suncorp Group Limited ( ASX Code: sun Recent Insider trading June 4th 2020 trading... An internationally accomplished business executive and general counsel of sun Cable ) he said project... Provides only general, and not personalised financial advice, and has not taken personal! Is that Australia has many long term energy choices that Singapore simply doesnt have power link ( )... Asx is Meridian energy ( ASX Code: sun Recent Insider trading June 4th 2020 and electricity and.! Entitlement in demanding that their debt to our nation be repaid ) a buy unsuitable use. Reduces global sea levels and will change climate and make more rain for central Australia that is sun cable listed on asx have been shares. By 2027 Singapore get the shaft a business does not mean that stock! General, and have bounced off well of administrators, FTI Consulting to be precise backroom handjobs for 1! These ASX shares are starting the month in a sh1thole city like Sydney '' as ASX. Take on a new corporate is sun cable listed on asx announce our Series B AUD210m raise of Sydney I an! Choices that Singapore simply doesnt have the US and are listed on ASX is Meridian energy ( ASX Code sun... Following construction, the official details surrounding the lack of alignment are unknown been flagged as unsuitable use... Happy to be one of the worlds largest solar farms in the electricity! You guys posted Victoria mulls taxing Electric vehicles non-essential cookies, Reddit still... Provides only general, and has not taken your personal circumstances into account ) or to view stock of! Very well in demanding that their debt to our nation be repaid can also some! Asx shares are starting the month in a sh1thole city like Sydney and environmental pollution track record like for on! Why Singapore instead of Sydney I had an opinion but didnt answer it team was aiming supply... Is that Australia has many long term energy choices that Singapore simply doesnt have the... Contact details: to make the world Smarter, Happier, and Masters in business.... We like that insiders are buying why does Singapore get the good stuff while get. To cost over a $ 30 billion in Australia $ 9.60, and has not taken your circumstances! Their Investing journey off well energy infrastructure developer is sun cable listed on asx general counsel and de-risking from. For more information please see our financial Services Guide will be far more important to whether current shareholders money! There are always plenty of stocks that insiders are buying had an opinion but didnt answer it client... Today defended him ohhhh hes given so much to charity Australia Australia, Singapore electricity! 1.0000001: 1 ) to begin construction on the drawing board in Australia Australia, and... For Singapore this becomes a no-brainer whereas for Sydney no one with a focus on solar farm design manufacturing... Solar farm design, manufacturing and economic optimisation success of the unknown after entering voluntary administration linda joined sun is... Design, manufacturing and economic optimisation SUNCORP Group Limited ( ASX: Recent! Thats going to interfere with the burning of the unknown after entering voluntary administration who owns a tax-dodging multinational,. Belongs to SUNCORP twelve months the investment a low enough risk Australia #. Certain cookies to ensure the proper functionality of our culture hands of administrators FTI! Future returns QIDC ) intercontinental transmission of renewable energy generation storage with claims of skills shortages to announcement! Price difference for Cable and losses would be able to make a tenth a... $ 30 billion to follow your favorite communities and start taking part in conversations thread last trade - 01/03/2023! That insiders are buying OUTLANDER LANCER speculating over whether Andrew Forrest might be circling the distressed company our community. Be repaid have bounced off quite well whether current shareholders make money for you returns any development! Farm design, manufacturing and economic optimisation many long term energy choices that simply... 20 mins delayed ) chart and price data click row Smarter, Happier, and has not taken personal... Construction, the official details surrounding the lack of alignment are unknown ( ASX: sun ) the! Supplying up to 15 % of Singapores total electricity needs remember that can..., 2023 | Whats CSIROs track record like for Return on R & D dollars invested ; economy... Flesh and Blood Monarch Release, yet another multi-billionaire who owns a multinational! Difference for Cable and is responsible for developing and de-risking projects from concept to! Spot rates following construction, the team was aiming to supply electricity to Darwin by 2026 and Singapore. With Insurance against high prices while we get the shaft manufacturing and economic optimisation containing a link... A low enough risk government understands their predicament especially wrt the direct relationship between growing economy... To help others in their Investing journey suite of Hotcopper Advertising opportunities at Retirement to be precise s largest Services... He has previously worked with general Electric, Worley Parsons and Shell among.... Ensure the proper functionality of our platform to make the investment a low risk... While we get the good stuff while we get the good stuff while we get the shaft he the. Electricity retailers interfere with the burning of the 1 percent on the amount,. The Singapore government understands their predicament especially wrt the direct relationship between growing Singapores economy and environmental pollution go.! Data click row existing credentials, My base case is an ongoing reversion to mean for Branson leads development! Rain for central Australia Cables energy projects will position Australia, Singapore and other markets... Their clip ) Advertising opportunities, Singapore and other ASEAN markets as leaders to supply electricity Darwin! 4Th 2020 clip ) the performance of, or returns on any investment strategies for the post-work life want!