Antony Currie joined Breakingviews when it opened its New York bureau in 2005, working there until moving to Melbourne, Australia in late 2020. He has covered everything from the car industry to investment banking, more recently adding sustainable finance and water security to his beats.
He holds a bachelor's degree in German language and literature and a master's degree in international relations, both from the University of Bristol.
A fund is suing Tokyo for backtracking on promised renewable-energy incentives. Australian electricity provider AGL just took a $1.5 bln hit on pricey long-term wind contracts. Each would have been better off taking the other’s approach.
Hedge funds Knighthead and Certares want to lead an injection of up to $4.2 bln in equity to take the wheel at the bankrupt car-rental firm. It would restart less indebted and should be more efficient. The rise of ride-sharing, however, puts a speed limit on potential returns.
Ex-Citi exec Michael Klein has struck the largest ever blank-cheque merger with a deal valuing Lucid Motors at $24 bln. Investors already think it’s worth more than double that. Lucid is a decent bet on battery power but its absurd multiple outstrips all rivals, including Tesla.