david russell, equis

Cardinal George Pell has kept an ultra-low profile since walking out of Victorias Barwon Prison on April 7 following a High Court decision to overturn his conviction on charges of historical sex abuse. We're sure the builders are observing strict social distancing protocols during stage four lockdown. David Russell - Chief Executive Officer & Pa.. - Equis | ZoomInfo Where: Developed markets across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. In the spirit of reconciliation Equis acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. Consequat id porta nibh. Youre always very careful when you speak to people and you disagree politely, rarely do people ever thump the table and storm out like they do in movies. Vignesh has over 7 years experience in infrastructure investment and development across Asia. Prior to joining Equis, he worked as a commercial lawyer specialising in litigation and dispute resolution for 4 years. As CEO, David has raised and invested seven infrastructure private equity funds comprising over US$5 billion of equity for some of Asia-Pacifics largest independent and institutional infrastructure funds. She managed a renewable energy portfolio of over 625MW in Australia, sat on the board of Avertas Waste to Energy as well as managed transport and social infrastructure projects. DAVID: When we first set up Equis, foreign investors wanted to talk about China and India, and they weren't focused on markets like Thailand and the Philippines. All rights reserved. MELPOMENE: Hasnt that kind of short-term focus change with the increasing number of young people becoming entrepreneurs? MELPOMENE HUA: Why did you decide to be profiled after years of being under the radar? Everything comes back to the numbers. But the reality is that our investments have never been touched by any of these political instabilities and I think thats a credit to the regulatory regimes. Not the David Russell you were looking for? Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. Our experience, expertise, proven track record and strong relationships allow us to develop world-class energy assets on time, on budget and to the highest standard. He covers the Asia Pacific region and is based in Singapore. EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. Ed is a PhD-qualified grid connection expert with over 25 years of experience in renewable energy generation, transmission and distribution. MELPOMENE: Do you find that theres a biased perception against the financial industry, particularly after the 2008 financial crisis? in Public Practice from Otis College of Art and Design in 2011. Equis to Develop 1,000 MW Solar Project in Queensland, Australia DAVID: They are expected to chase and secure opportunities, and I review their decisions just to make sure that what we put in place for, say the Philippines, is consistent across our entire business. Do you worry about that? Brighton Grammar old boy David Russell, the billionaire founder of the Singapore-based Equis private equity group, along with wife Elena, bought the mansion for about $20 million in an off-market deal in 2018. Equis has signed a Power Purchase Agreement (PPA) with Snowy Hydro Limited (Snowy Hydro) for a 100MWAC solar project located near Tailem Bend, South Australia (Tailem Bend Solar Project), which will be constructed alongside a Snowy Hydro owned 28.8MWAC diesel-fired power station. But even if we were to assume no change in battery technology, over the next 4 or 5 years, we need another $1.1 trillion just for the renewable energy space in Asia. And guess who was right? The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. When I left my previous employer, I didnt realize how risky it actually was. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? To be developed entirely by Equis, the Tailem Bend Solar Project and Collinsville North Solar Project will bring the number of renewable energy projects under development and construction by Equis to 49. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. The Projects will involve a capital investment of approximately A$400 million. The other guests in the restaurant said they had to pinch themselves. David Russell - Equis Development Pte. Ltd. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. Alberici starts on Monday. Russell received his M.F.A. Bryce has deep experience in the Energy and Infrastructure sectors, having worked on multiple global transactions totalling over AUD$ 27bn. DAVID: As I became more senior in Macquarie, I thought that I was breaking through the politics and creating more autonomy for myself, when in fact I was just extending my network of relations within the organisation. DAVID: Thats the million-dollar question. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. China Equities: Yesterdays Story or More Compelling Than Ever? He has held senior roles in energy infrastructure asset owners, developers, and consultancy firms engaged with renewable energy across wind, solar and storage in Australia, Europe, Central America and SE Asia. Emma Alberici has landed a new gig, and, as promised, it's not on TV. MELPOMENE: What gave you the foresight to begin investing in renewable energy in 2011? David Russell is buying the real estate dream | The Australian After her August departure from the ABC, and fresh from recharging the batteries in Byron Bay, the former chief economics correspondent is joining online insurance comparison platform Compare the Market. In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs. Were sorry, this feature is currently unavailable. Tel: +65 6220 0040, Legal Notice & Terms of Use Shane Warne's former pad gets new $5.9m spin from Brighton - The Age MELPOMENE: Does the intermittency of solar and wind energy coupled with the lack of storage capabilities mean theres a limit to how much you can invest? We were also growing rapidly and did not want to give our competitors advance knowledge of what we were doing. I dont think solar and wind per se will be obsolete, theyll always be utilised because theyre efficient and environment friendly. DAVID: Ive watched a couple and I always cringe [laughs]. People say that Asia is developing, but their frameworks are far more developed than those in Europe. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. But there are a number of governments that came up with programmes to encourage investments in renewable energy. Thats a real problem with succession planning because you might lose the person you really want to keep because theyre frustrated at the lack of opportunities to grow. MELPOMENE: Why did you decide to target Asian markets? We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. He led Equis development of wind and hydro projects in India. We definitely know a lot of people, but this business was not built on that. Those who want to work 9 to 5 will be successful in certain types of careers, but what we do here requires a lot of hard work. DAVID: I sound really old when I say this [laughs], but I feel there is a generational shift. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. David Russell, Equis Chairman, said, "As AsiaPacific's largest renewable energy IPP, Equis is pleased to be playing an important role in Taiwan's transition to lowcost, clean energy. The Tailem Bend Solar Project and Collinsville North Solar Project will: The Tailem Bend Solar Project and Collinsville North Solar Project will be two of Australias lowest cost solar generation projects and will contribute low cost solar power and new jobs into regional communities. Alberici's new gig is chief strategy government relations and communications officer. Privacy Policy. Ed has managed $13b of electricity regulated and commercial assets as GM for AusNets Transmission and Distribution networks. That deal was a second innings for the spin bowler. 2023 Tatler Asia Limited. We were partly fortunate because the investor market had not focused on renewable energy the way it should have, and that gave us a 6-year head start. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. David Russell, Equis Funds Group CEO, said, This year Equis expanded our renewable energy investments in both India and Japan, and added two major projects in the Philippines. Some $1.3 billion of that was assumed liabilities, but still, it was a landmark: $3.7 billion of equity, the vast majority of it in unrestricted cash. The strategy of remaining quiet has worked well, but its now time to engage. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. Craig Marsh settled upon a black McLaren with carbon-fibre trims. Construction of the Collinsville North Solar Project is expected to commence in 2017. Prior to joining Equis, Vincenzo held roles with Canadian Solar, Raygen Resources, ABB and various European solar companies and technology providers. MELPOMENE: How do you envision the use of renewables in ten years time? Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. In contrast, if you look at Spain, the government gave concessions to the developers but re-regulated when they realised they couldnt afford to buy power. But what were we adding back to society? They had reason to celebrate. Supply the annual power needs of 63,165 homes. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. It plans to commit more than US$2billion into renewable energy and waste infrastructure assets across Australia, Japan and South Korea over the next twoyears. David is Chairman of the Che Sara Sara Foundation, a not-for-profit that supports vulnerable parents and children in crisis in Russia, Uzbekistan and the Philippines. We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. Equis Wins Public Tender to Develop Taiwan's Largest Solar Project MELPOMENE: The project developers dont have the discretion to make decisions locally? David Russell, Equis Chairman, said, "Equis has plans to invest US$1 billion in Taiwanese renewable energy, and we expect to play a leading role in developing the Taiwanese renewable energy market, to which the government has made a significant commitment. Marshssplurgefollows the US$5 billion sale of renewable energy firm Equis Energy to US fund Global Infrastructure Partners in January, billed in financial media as the largestrenewable energy generation acquisition in history. Prior to joining Equis, he was the Head of Trading and Wholesale Markets at Goldwind Australia. For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. Ive always worked long hours and that hasnt changed. In the battery sector, the prices are falling but their performance is improving. Damian has 23 years of infrastructure investment experience, with over 17 years experience in Asia Pacific, and has completed over AUD$ 27 billion of transactions across various sectors including renewable and conventional energy, telecommunications, waste, greenfield development, PPPs, and transportation. So while I was growing and being mentored, I had that slight frustration. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. DAVID: Its definitely not who you know. Please try again later. Asia-Pacific-focused renewables designer Equis Development Pte Ltd has actually taken control of an AUD-1.9-billion (USD 1.28 bn/EUR 1.23 bn) battery energy storage space project near Melbourne, Victoria, and is now relaunching it with a new name as well as increased capacity. Andrew has over 20 years' experience with energy infrastructure projects, specialising in thermal energy project development and construction. DAVID: Broadly speaking, it can affect investor confidencefor example, when the coups in Thailand hit the papers, people started calling us to ask about their investments. Now the four-car basement garage is expanding to fit six, while the basement will accommodate a theatre, rumpus room, wine cellar, arcade room, plus a "modelling/crafts" room. Theres a whole bunch of things on there that I really dont want to do [laughs]. And thats very important because we now have 84 projects totaling close to 8 billion dollars. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. He has previously been Middle East editor of Euromoney, editor of Asiamoney, investment editor of the Australian Financial Review and a correspondent on emerging markets and sovereign wealth for numerous publications worldwide. It works better for senior management, while the junior staff is more interested in salary and annual bonuses rather than something that could be paid out 5 or 10 years later. Will Others Follow? Now, the pendulum has swung from us being very quiet about our growth, to people asking questions because were the largest renewable energy developer in Asia. I think that helps people remain human in this business. MELPOMENE: Did your legal and finance background help you in this field? MELPOMENE: Warren Buffet said that a big problem in the boardroom is that nobody wants to criticise the CEO. In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. Empower. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. If you benchmark me against our local project developers, Im risk-averse; but if you benchmark me against a credit guy from a central bank, youll probably view me as risk-seeking [laughs]. Did you feel restricted by that? These governments need to grow and theyre putting in place very stable regulatory regimes. The leafy streets of Brighton are mostly quiet, except at one of the suburbs most famous residences, Melville, the six-bedroom, six-bathroom single-level Middle Crescent mansion. DAVID: Yes, and theyve gone down a certain path that they may not even be aware of until they eventually just take it too far in trying to make money. DAVID: Definitely. The pieces, which covered the strategies big businesses used to trim their tax burden, ended up being rewritten and republished. Celebrity food writer Melissa Leong and chef Kylie Kwong are relegated to the inside cover, alongside Jimmy Barnes. If theres a physical tussle over the South China Sea, its not going to affect our facilities. We also bought businesses, made them better and sold them off. The project will be Taiwan's largest solar project and was part of a twosite public tender.Equis won both tenders, and in accordance [] DAVID: Skydiving! MELPOMENE: They went silent because you left Macquarie? Its interesting you asked because Im moving house now and while packing I came across my bucket list that I wrote with one of my daughters. In the Philippines, Equis commissioned a 30 MW solar project in Leyte and a 54 MW wind project in Rizal, as well as two solar projects in Japans Hiroshima and Hyogo prefectures with total generation capacity of 21.4 MW. Conversations with David Russell | High Net Worth We wish to honour the connection to Country of all Aboriginal and Torres Strait Islander peoples and pay respect to their Traditional Custodians and Elders past, present and emerging. In 2011, David established Equis Energy. He led Equis development of wind and solar projects in the Philippines. He has delivered assets across the Asia-Pacific. David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. David Russell Archives - Saving with Solar Where does the fallout from the Adani crisis take India now? On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. We acknowledge that our school is on the Country of the people of the Kulin Nations. David Russell email address & phone number | Equis Chief Executive And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. CRICOS Provider Code: 00132K. In October 2017, Equis sold Equis Energy to a Global Infrastructure Partners led consortium for US$5 billion, the largest renewable energy transaction in history at the time. MELPOMENE: Those who behave egregiously are a very small percentage of the industry. They used to work at Macquarie. MELPOMENE: Have you ever been forced to rethink your life? Kahn thought Anton was like Cary Grant. Its not all hindsight. Greater Newcastle Area. They are part of C-Suite Department and their management level is C-Level. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 Founding partner and chief executive David Russell has reportedly paid close to $20 million for theMelbourne estate in Brighton of cricket legend Shane Warne, and added a Noosa getaway of his own when he paid $18 million for the Sunshine Beach house ofIT entrepreneur Danny Wallis. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. David Russell has 3 current jobs including CEO at Equis Funds Group, Director at Equis Energy, and Managing Director at Equis. Search. The memoir coming out later this year is expected to dish on a nasty stoush with ABC management after Alberici published an economics comment piece which incensed the Turnbull government so much so it sent several letters of complaint to the ABC. Tell-all memoir: Ronni KahnCredit:Illustration: John Shakespeare. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. After building the Korean private equity business, I felt that it was time to do it myself rather than rely on an institutional brand. David Russell, partner and co-founder of Equis comments, "Following a number of significant and successful divestments including the sale of the Equis Energy portfolio to Global Infrastructure Partners, we have identified significant new investment and growth opportunities and Mark's appointment to the partnership will significantly strengthen . Congratulations to the Class of 2020, recording our best ever results. David Russell, Equis Group CEO, commented, As Asias largest renewable energy developer and investor, the Tailem Bend Solar Project represents an exciting expansion into Australia for Equis and an unique opportunity to leverage our development and construction expertise to deliver low cost, large scale, reliable renewable energy for Australian consumers., Mr Russell noted, By developing the Tailem Bend Solar Project and Snowy Hydro diesel projects together, the combined system will have the capability of providing stable power any time of the day across the entire year. Modest Rally in Asian Equities Expected as Regional Economies Remain Supportive and Valuations Reasonable, Dubai-Based Real Estate Developer Omniyat Launches Ultra-Luxury Beachfront Residences, Singapore Buyers Show Strong Interest in Mixed-Use Development in Londons Vauxhall, This Residential Tower in Dubai Features Interiors by Pagani, What to Expect at the Newly Reopened I12 Katong Retail Mall, Are You a HNWI? At work, I am direct with people and I encourage them to be the same with me. DAVID: Technology and mindsets are evolving rapidly. He studied Law/Economics at Monash University and worked as an energy and utilities lawyer with Skadden, Arps, Slate, Meagher & Flom in Washington and with Minter Ellison in Melbourne. Once I became nobody, a lot of those people actually went silenta number of them obviously felt that while our relationship was important, it was based on our work together. David graduated from their alma mater, Monash University and is currently based in Singapore, Central Singapore. Its a matter of how theyll be utilised. In addition, the Tailem Bend Solar Project has been developed to facilitate large scale battery storage further enhancing the base load like nature of the projects.. You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. In 20045, he was Head of Macquaries Principal Transactions Group before becoming a Senior Managing Director, Head of Asian Private Equity and Head of Greater China. DAVID: Years ago, we were just moving paper around. We care about delivering the best outcomes for our stakeholders and our collective experience allows us to develop high quality projects. How: Equis covers every stage of a projects lifecycle including origination, development, design construction, and engineering, to operation and maintenance, asset management, and performance optimisation. David Eugene Russell Net Worth (2023) | wallmine It was during that painful life phase that Kahn had an idea: taking beautiful food left over from her events business and using it to feed people in need. DAVID: I do. David Russell Regional Sales Manager NSW/ACT at Dialight APAC - World Leader In Hazardous and Industrial LED Lighting solutions . 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 The Company was formed in 2019 through the restructure of the Equis business model from a funds management business to an infrastructure asset development company. Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. Copyright 2023 Equis Development Pte. But there are a number of governments that came up with programmes to encourage investments in renewable energy. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. David Russell, Equis Group CEO, commented, "As Asia's largest renewable energy developer and investor, the Tailem Bend Solar Project represents an exciting expansion into Australia for Equis and an unique opportunity to leverage our development and construction expertise to deliver low cost, large scale, reliable renewable energy for . As the CEO and Chairman, David grew Equis Energy to become Asia-Pacifics largest renewable energy generator. MELPOMENE: Given that R&D in this sector is changing so quickly, are you concerned that your solar and wind facilities might become obsolete? This website uses cookies to improve your experience. Photo: Domain. David Russell | Sad Business School DAVID: It was awesome! These days, Equis Development is setting its sights on consolidating its position in Asias renewable energy and biomass power generation markets, having developed more than 200 renewable energy and waste infrastructure projects across the region. MELPOMENE: You are headquartered in Singapore but your operations are in other parts of Asia? One of my early mentors said, David, if theres one thing I can teach you about doing business is that whatever you do, you must always act lawfully.. The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . David Russell, Equis Funds Group: Profile and Biography Equis, in partnership with the Sinan Municipality, is also establishing a fund through which the local community will invest into the project, enabling residents to benefit from Jara's long-term stable income stream. Thats My Happy Place!, Rediscovering Myself Through My Sons Special Needs, Dr Wealths Alvin Chow: I Turned My Passion Into a Mission, Meet Shin Lim, the Magician Who Wowed America, This New Clinic Wants You to Get Proactive About Preventive Care, Graphic Artist Malika Favre on Pioneering Her Own Pop and Op Art Style, The World of Cats According to Author-Illustrator Susie Yi, Influential Brands Survey Shows How Prominent Brands in Singapore Overcame Covid-19 Challenges, The Secret to Beijing Tong Ren Tangs 350-Year Longevity, Influential Brands Launches Two New Platforms for Business Leaders and Influencers, Why Raffles Hotel Singapore Is One of the Best Companies to Work for. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. People start thinking that these are the bad guys, but based on my experience, its not the case. Lady E: David Russell's birthday bash gets Brighton - Heraldsun He has also written two books. Prior to joining Equis, Damian spent over 18 years at Macquarie and was the Head of Infrastructure, Utilities and Renewables (Australia and New Zealand) for Macquarie Infrastructure and Real Assets, one of the worlds largest infrastructure owners and developers. Snowy Hydro is a leading integrated energy business in Australia which currently owns and operates 5,500MW of generation capacity across Australia, including the iconic 4,100MW Snowy Hydro-electric Scheme.