The company, which boasts high-profile investors including billionaires Mike Cannon-Brookes and Andrew "Twiggy" Forrest, said it had made the "difficult decision" to enter administration but has appointed new voluntary administrators.
FTI consulting executives Christopher Hill, David McGrath and John Park will take on the voluntary administration of the company. Billionaire investor Cannon-Brookes said the company has already achieved so much in the five years since it was founded and he will continue to fully support it.
Sound's like taxpayers money going straight to laundry washed and sent out clean
😂😂😂
Since this has been Sssssuch a successful project and case study on renewables, I wonder whether BOWEN will come to the rescue with MORE government funding to salvage this FAILED business model.
What a dystopian picture. Imagine the animals displaced for this, and it all goes to landfill in 10 years.
Coz solar is not sustainable unless government props them up.
'Climate change isn’t destroying the world, it’s the people who are claiming that climate change is destroying the world that are.'👇 9News
Where is the big mouth Brookes now
The Green fantasy is just a get rich quick scheme for entrepreneurs and investors to grab taxpayers money in the form of subsidies
nyunggai It's a bad business model.
mcannonbrookes you haven't provided a smart arse response yet? What do you want your PR to say?
nyunggai hahahahahahaha
Opps 🤣
nyunggai Climate change is a major scam.
😂😂😂😂😂😂
I am so confused I thought green power promised rivers of gold and endless jobs created…. ?
nyunggai What to do with the waste?
Taxpayers' money funding a private Ponzi scheme. What could go wrong?
'Cheap and clean' aye gretarati?! 🤣🤣🤣🤣🤣🤣
nyunggai renewable jobs galore right?
nyunggai Renewable industry is booming yet a company goes into administration. There goes our future.
🤔🤔 Report how much taxpayer money went to that project in subsidies !! mirandadevine nyunggai catherine___c PeterDutton_MP RitaPanahi SandyXiaotong YoungLibs SkyNewsAust dailytelegraph smh abcnews Tim_jbo AustralianLabor DavidPocock jennymcallister
simonahac how come all these companies keep dying?
nyunggai Hey simonahac I thought these projects were cheap? Not sure of the ins and outs but this ain't a good look mate 🤷🏼♂️ Happy New Year btw 🎉🍻
nyunggai Looks like capitalism and the free market wins after all 🤔🤣🤣
nyunggai 😂😂😂
Another win for green consultancy companies. They don't have to actually produce anything other than mock-ups and spreadsheets.
nyunggai Thank goodness for that . Land desecration is avoided.
nyunggai How much money did its directors wander off with on the end?
nyunggai They don’t understand the sun some times just doesn’t shine. Sorry every night
nyunggai If you listen closely you can hear the egos colliding. Pair of wankers
Ha ha ha…
Ooo imagine the cost to recycle those…
Photo looks like a lot of habitat destruction. Wow.
This is what happens when the sun don't shine.