Australian startup MilkRun may have attracted more than $85 million in venture capital but it always had a challenging business model.
Articles on Mike Cannon-Brookes
Displaying all articles
While this prominent and well funded project has gone into voluntary administration, those enthused about rapid decarbonisation and Australia’s renewable energy export potential need not despair.
Software billionaire Mike Cannon-Brookes failed to take over AGL, but he has succeeded in getting a friendlier board of directors.
Mike Cannon-Brookes has blocked AGL’s demerger – for now. But can he force it to accelerate the closure of its coal and gas-fired power stations?
The plan would address failures in the National Electricity Market, and would see a more orderly transformation process from coal to clean energy.
AGL’s board has knocked back a billionaire-led bid to shut its coal generators. Serious negotiations will now begin – and Mike Cannon-Brookes has form on transforming Australian power generation.
