Sun Cable: Mike Cannon-Brookes takes charge of ‘world-changing’ solar project
Billionaire says renewables will drive Australia’s next commodities boom as his Grok Ventures finalises acquisition
August 2023
AGL agrees to keep Victoria’s Loy Yang A power station available until mid-2035
Deal with Victorian government includes $50m to support ‘orderly retirement’ of coal-fired plant to provide certainty to workers, the community and industry
July 2023
Billionaire climate activist Mike Cannon-Brookes and wife Annie to separate
The couple pledged in 2021 to spend $1.5bn of their approximately $25bn personal fortune on projects to tackle the climate crisis
May 2023
Mike Cannon-Brookes wins control of Sun Cable solar project from Andrew Forrest
Entrepreneur says plan to send renewable energy to Singapore from Northern Territory a ‘nation-building project for Australia’
March 2023
Atlassian to axe 500 jobs ‘with the heaviest of hearts’
‘To those who are leaving us: we are deeply sorry’, wrote Mike Cannon-Brookes and Scott Farquhar in staff memo
January 2023
Giant solar farm project in doubt after disagreement between Mike Cannon-Brookes and Andrew Forrest
Australian billionaires had backed $30bn Sun Cable venture designed to help power Darwin, Indonesia and Singapore but the company has gone into voluntary administration
November 2022
After Mike Cannon-Brookes’ shake-up, AGL now faces the challenge of pivoting away from power stations
Tristan Edis
Boardrooms around Australia will be noting what shareholders can do if you don’t take climate change issues seriously
Mike Cannon-Brookes succeeds in shaking up AGL board
All four of the billionaire Atlassian co-founder’s proposed new directors secured seats on the board of Australia’s largest carbon emitter
Origin Energy to be split in half and invest in renewables under new $18.4bn takeover bid
The energy giant would be divided into electricity generation and gas firms in order to hit Australia’s climate targets
October 2022
Foundation backed by Mike Cannon-Brookes invests $10m in bid to cut secondhand electric car cost
Good Car Company plans to run a batch-buy program that would source cars from Japan and the UK
September 2022
Amid rush to exit coal, AGL’s challenges are only just beginning
Energy retailer says it will need to find $20bn to meet its raised goal of adding 12 gigawatts of new wind and solar plants and storage by 2036
AGL will close Victoria’s coal-fired power station Loy Yang A a decade early
Energy company accelerates its exit from coal, although timeline for closure of Bayswater in the NSW Hunter Valley remains unchanged
Mike Cannon-Brookes to back new AGL board members in bid to clean up climate polluter
Tech billionaire will support four independent non-executive directors to transform the company
May 2022
AGL’s coal implosion shows what a disorderly transition to clean energy looks like
What happens from here is unclear, but the company’s turmoil can’t be divorced from the Coalition’s policy failures
AGL dumps demerger plan, yielding to Mike Cannon-Brookes
Company’s chairman and chief executive to resign, along with two other board members
AGL reveals demerger would cost $260m as Mike Cannon-Brookes tries to block plan
Mike Cannon-Brookes says large AGL shareholders back his bid to stop energy giant’s demerger
Mike Cannon-Brookes buys up AGL shares in bid to block energy giant’s demerger
March 2022
AGL rejects higher bid from Mike Cannon-Brookes and Brookfield, potentially ending takeover push
Bidders expected to walk away after offer of $8.25 a share rejected by board of Australia’s largest energy company
February 2022
Why is Mike Cannon-Brookes trying to buy Australia’s dirtiest energy company? – video explainer
Guardian Australia's environment editor Adam Morton breaks down the elements in the proposal and explains the strategy behind the consortium's offer
