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Construction PRO
Amazon has signed another power purchase agreement with European Energy for its Winton North solar and battery project in Victoria, adding to the $2.8 billion the tech company has invested in Australian renewable projects since 2020.
Nuix has lost its appeal of a ruling that found it must pay $20 million in legal costs before its insurers must cover its bills for defending multiple class actions and an ASIC case over its $1.8 billion float.
Construction PRO
The City of Sydney has approved plans by developer Billbergia Group for a skyline-changing $3.5 billion residential and hotel project in the heart of the CBD.
A former in-house lawyer at Boeing claims she was sacked by the aviation company after complaining that the company and her boss failed to check on her welfare after the December 14 Bondi terror attack.
Construction PRO
Sibayne Stillwater's Copper Mines of Tasmania has accused construction company Ian Harrington Group of inducing a subsidiary to breach a contract for rehabilitating a closed mine near Queenstown.
Investment manager Macquarie and super fund trustee Netwealth are the targets of a class action investigation on behalf of investors who sunk their savings into collapsed funds Shield or First Guardian.
Four contractors are facing cross-claims in a class action against developer Mulpha over a 683-lot development in Glenmore Park.
The ACCC has referred global engineering and construction company Saipem S.p.A.'s proposed merger with rival Subsea7 S.A. to a Phase 2 assessment, raising concerns the deal could substantially lessen competition in the supply of infrastructure for Australia's offshore oil and gas industry.
Construction PRO
The liquidators of the Tahmoor coal mine in NSW, formerly owned by Sanjeev Gupta’s GFG Alliance, have lost their bid to disclaim a royalties deed in favour of former owner Glencore, with a judge finding it was not an “unprofitable contract”.
Construction PRO
China’s largest state-run conglomerate CITIC has asked the High Court to hear its appeal in mega litigation with Clive Palmer’s Mineralogy over the $12 billion Sino Iron project in Western Australia.