Business
Ross Garnaut’s Sunshot takes charge as Zen Energy splits from Sanjeev Gupta – RenewEconomy
Garnaut to lead Sunshot towards renewable energy future and re-take control of Zen Energy a split from Sanjeev Gupta’s Simec Group after just three years.
Leading economist Professor Ross Garnaut is set to take a more hands-on role in Australia’s low-carbon economy, announcing he will retake control of project developer Zen Energy in what he describes as a “friendly” de-merger from Sanjeev Gupta’s Simec group of companies.
Garnaut will re-emerge as the major shareholder in Zen Energy, this time through the Sunshot Energy business he has established with business partner Raymond Spencer.
The de-merger with Gupta’s Simec will see the UK steel bill…
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