Billionaires' squabble stalls $21b Australia-to-Asia solar power project

Billionaires' squabble stalls $21b Australia-to-Asia solar power project

FILE PHOTO: Mike Cannon-Brookes, chief executive officer of Atlassian, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 11, 2019. REUTERS/Brendan McDermid

The developer of a $21-billion project aiming to deliver solar power to Singapore from Australia has collapsed as its two main backers, Australian billionaires Mike Cannon-Brookes and Andrew Forrest, failed to agree on a new round of funding.