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Environment

HISTORICAL FACTS: Sun cable shines with 65m lifeline - The Untold Story

Sun Cable Sun Mike CannonBrookes Grok Ventures

An interest-free loan offer by Mike Cannon-Brookes' Grok Ventures was accepted by administrators. (Dan Himbrechts/AAP PHOTOS) (AAP)

Renewable energy startup Sun Cable will be able to keep the lights on after one of its billionaire investors agreed to extend interim funding to the troubled project.

Grok Ventures, the private arm of billionaire Mike Cannon-Brookes, will provide a $65 million loan to keep the company going while administrators seek a buyer.

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