Andrew Forrest News

09.10 / 08:59
UPS CEO Forrester country reports Renewables Squadron Energy to spend $20b on renewables by 2030
Andrew Forrest’s Squadron Energy will spend as much as $20 billion by 2030 to build out its renewable projects, CEO Jason Willoughby said, illustrating the scale of the company’s ambitions.
09.10 / 08:59
UPS Provident FIVE Forrester stage cover Fortescue hunting more green energy after signing 25-year supply deal
Fortescue is on the cusp of signing more renewable energy supply deals as it pushes ahead with plans to make green ammonia at Gibson Island in Queensland.
03.10 / 07:41
Provident Booking CEO Forrester show reports Squadron in $220m loss as it digests CWP buy
Squadron Energy, the private renewable generation group controlled by the billionaire Forrest family, has recorded its first sales but slumped to a $220 million loss after the $4.2 billion purchase of CWP Renewables.
25.09 / 19:45
UPS Forrester Death love Celebrity Billionaire Andrew Forrest mourns his father
Iron ore billionaire Andrew Forrest is mourning his father, Don Forrest, who died aged 95 on the family cattle station in Western Australia.
25.09 / 08:29
Lowe's FIVE Strategy Forrester audience How Twiggy plans to rewrite the rules of capitalism
Anyone watching Andrew “Twiggy” Forrest’s presentation at last month’s Boao Forum for Asia will be left in no doubt of the leading role he sees Fortescue playing in the transition to renewable energy.
20.09 / 23:17
UPS PwC Forrester awards gossips reports AFR journalists are Walkley business finalists
Four Financial Review reporters are finalists in the Walkley awards for excellence in business journalism, in what the judges said was “a very strong year for entries”.
15.09 / 07:31
Provident Target Man Racing Forrester play Macquarie’s $58m man backs thorny net zero play
Macquarie Group’s highest-paid banker, Nick O’Kane, has urged the market to stay “open-minded” on decarbonisation technology and says investment in controversial carbon capture and storage systems is critical in the global race to hit net zero emissions targets.
13.09 / 20:41
CEO Apple Forrester Celebrity performer Inside Fortescue’s revolving door and what it means for its green reinvention
When Fortescue marked its 20th anniversary late last month, it was not your average cocktail party.
13.09 / 19:25
COST UPS Platform track Renewables Lazard tries new owners for fit at renewables platform Tetris Energy
Melbourne-headquartered renewables player Tetris Energy is looking to offload 100 per cent of its 3.4 gigawatts early-stage development platform, telling potential buyers its platform is the kind that would rarely come up for sale in future after the recent year’s deal-making frenzy.
12.09 / 06:50
UPS Waves FIVE Manufacturing life sciences Melbourne life sciences biz in strategic review; hires Rothschild
Biotech deals which fetch 20-times sale multiples give Street Talk the tingles: here’s a new name to watch.
08.09 / 19:13
UPS Waters SUN Strategy Forrester show British billionaire Guy Hands eyed Sun Cable investment, emails reveal
British financier Guy Hands has been forced to grant a lease to Mike Cannon-Brookes’ Sun Cable after legal proceedings which revealed his Terra Firma vehicle was the third bidder in an auction that ultimately handed control of the collapsed project to the Atlassian billionaire’s Grok Ventures.
08.09 / 14:41
Target FIVE Waters CEO Strategy Forrester NOT Andrew Forrest’s top brass insist they’re not yes men
Fortescue’s most senior executives, Dino Otranto and Mark Hutchinson, say they aren’t yes men, and challenge Andrew Forrest “every single day” within the parameters of the “vision” set out by the company’s billionaire chairman.
05.09 / 04:15
UPS Williams Forrester show exclusive Tattarang seeks exclusivity in Rugby Australia investor search
Twiggy dramas and desert jamborees aside, the well-oiled machine that is billionaire Andrew Forrest’s private investment company, Tattarang, rolls on.
04.09 / 05:35
Extreme Career CEO Forrester Celebrity track Inside Forrest says Fortescue now back on track to future
Andrew Forrest calls it ripping off a bandaid quickly.
03.09 / 10:29
UPS Target Career Forrester UBS performer Fortescue to front investors as market demands energy spend details
Fortescue Metal’s new mining chief executive, Dino Otranto, will meet with the company’s local investors this week after a volatile period during which his predecessor left after just six months in the top job and with brokers warning shareholders were in the dark about the board’s risk appetite.
01.09 / 05:55
UPS BLOCK Forrester country financing Soul Patts, Rich Listers tip into NexGen $240m financing
Canadian uranium developer NexGen Energy has secured $US155 million ($240 million) in financing from investment house Washington H. Soul Pattinson and recourse sector investor Queens Road Capital.
01.09 / 05:03
Lowe's Extreme Career Manufacturing CEO Align Forrester Fortescue investors split over whether Forrest is wrecking or rescuing
Fortescue Metals investors are split over whether Andrew Forrest is damaging its culture, with a former major shareholder selling down his stake over fears the company’s chairman might “wreck” the iron ore major.
01.09 / 04:47
UPS Citi Forrester Inside Twiggy’s mate ‘Bud’ and the Fed’s ‘Randy’ pitch a new style of private equity
One is the guy who ran due diligence on Andrew Forrest and Fortescue Metals that pulled off one of Australia’s best deals, while the other is recently departed Federal Reserve vice chair and member of an influential family that helped developed a large chunk of the modern-day United States.
31.08 / 19:07
UPS Target Manufacturing Chevron country WA spruiks critical minerals in ‘historic’ trade mission to Indonesia
West Australian Premier Roger Cook will fly to Indonesia with a delegation of mining executives and state ministers working to secure deals with the largest economy in South-East Asia to develop his state’s critical minerals industry.
31.08 / 09:55
Citi Action Forrester performer Executive Fortescue Metals CFO quits, the 11th executive to leave in three years
Fortescue Metals has lost its chief financial officer, Christine Morris, just two months after she was appointed to the key position at the clean energy and iron ore group chaired by billionaire Andrew Forrest.
31.08 / 08:05
Citi Booking Strategy Austal parts ways with US boss after sinking to loss
Austal’s head of its US operations has left the business after it lost $171 million on one of its US Navy contracts, tipping the shipbuilder to an annual loss.

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