SonaliPaul
Stories by SonaliPaul
Billionaires’ squabble stalls $21b Australia-to-Asia solar power project
The two main backers failed to agree on a new round of funding.
Australia’s Origin Energy backs $11.8b buyout offer from Brookfield consortium
If successful, the takeover would rank as one of the biggest private equity-backed buyouts of an Australian firm.
SingTel-owned Australian telecom major Optus says ‘deeply sorry’ for cyberattack
The company has offered support to customers whose data has been breached
Australia’s APA Group calls off US expansion plans, CEO quits
It has been eyeing gas infrastructure assets in North America since 2016
PetroChina may sell Australian, Canadian assets to stem losses
PetroChina may divert the funds to more lucrative sites in the Middle East, and Africa.
BP buys into Australia’s mega renewable energy project
The project fits with BP's push away from fossil fuels to clean energy
Japan’s Mitsui to buy 33.7% stake in Australian carbon farming company
Last year, Mitsui's Australian unit had bought carbon farming company Outback Carbon
Australia’s AGL Energy to go ahead with split despite hostile takeover bid
The move injected fresh uncertainty into the demerger prospects.
Bill Gates-backed solar startup Heliogen gets funding from Australia’s Woodside
Heliogen, now valued at $968m, went public in Jan.
Australia’s Woodside sells 49% in planned expansion of Pluto LNG plant to GIP
GIP will pay 49% of the $5.6b construction cost of Pluto Train 2, plus a further $835m.