Sun Cable Taps Macquarie, Moelis To Raise $21 Billion To Fund World’s Longest Undersea Power Cable

Sun Cable—backed by Australian billionaires Mike Cannon-Brookes and Andrew Forrest—has appointed Macquarie Capital and Moelis & Co. as joint financial advisers to raise A$30 billion ($21 billion) to fund the construction of the world’s longest undersea power cable.