Australian Green Billionaire Confronts Energy Giant Over Demerger Plan

Australian Green Billionaire Confronts Energy Giant Over Demerger Plan
Solar panelson the rooftop at AGL's Docklands office in Melbourne, Australia, on Aug. 20, 2015. Scott Barbour/Getty Images
Alfred Bui
Updated:

Australian tech billionaire and climate activist Mike Cannon-Brookes has clashed with AGL Energy’s board over its demerger plans after becoming the company’s largest shareholder.

This clash comes just short of two months after Cannon-Brookes failed to take over Australia’s largest electricity generator in March to speed up the company’s decarbonisation process.
Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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