Rising energy prices are likely to flow through to the energy giant’s bottom line,but it has a corporate Game of Thrones to overcome first.
Mike Cannon-Brookes and Malcolm Turnbull are among the high-profile investors in SunDrive,a Sydney-based startup promising cheaper and more efficient rooftop solar.
AGL sits in an uncomfortable position where the board,led by Patricia McKenzie,is technically in control but Michael Cannon-Brookes’ Grok appears to be in de facto charge.
Power giant AGL will stand behind its decision to reject all but one of the candidates for its board put forward by billionaire investor Mike Cannon-Brookes.
Tech billionaire Mike Cannon-Brookes is ready to renew his stoush with AGL Energy’s board,after the company rejected all but one of the candidates hand-picked by its biggest shareholder.
AGL’s move signals closures of Australia’s ageing coal plants will only keep accelerating,piling pressure on the federal government’s $20 billion promise to upgrade the electricity grid and lower prices.
A whiplash inducing strategic swivel allows the energy heavyweight to move from being Australia’s largest polluter and rebrand itself as a decarbonisation saviour.
Emerging technologies and renewable energy were on the agenda at the Australia India Leadership Dialogue in Delhi
AGL has reported a sharp fall in underlying profit after a turbulent year of volatile prices,power plant outages and an uprising by billionaire investor Mike Cannon-Brookes.
The climate change and energy minister says only by quickly introducing fuel efficiency standards in line with world’s best practice can Australia expect to drive down the cost of EVs domestically.
The bland Silicon Valley stereotype is wearing thin,even on the cover of Vogue. Billionaire Evan Spiegel needs to lean into fashion like his supermodel wife,Miranda Kerr.