Indian Billionaire Gautam Adani building $476 million powerline project
Adani Energy Solutions will invest $476 million to build a 298-kilometer transmission line in the western Indian state of Gujarat.
Yessar Rosendar, Forbes Staff
Australia’s $30 billion solar farm, backed by Mike Cannon-Brookes, gets green light
Tech billionaire Mike Cannon-Brookes’ Sun Cable won the Australian government’s approval to build the first phase of the $20 billion undersea cable that will deliver solar-generated electricity from Darwin to Singapore.
Billionaire Kerry Stokes’ Seven Group to take full control of Boral for $1.9 billion
Seven Group Holdings—controlled by billionaire Kerry Stokes—is offering to buy the rest of construction giant Boral for A$1.9 billion ($1.2 billion).
Commonwealth Bank of Australia sells off Indonesian unit for $142 million
The deal is the first acquisition by OCBC since Helen Wong took over as group CEO in 2021, becoming the first woman to lead the Singapore-based bank.