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
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
25.09 / 08:29
20.09 / 23:17
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
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
04.09 / 05:35
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
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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