"Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. He led Equis development of wind and hydro projects in India. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. Youre right at the table with them as a trusted advisor. Equis' team brings focus, experience, passion and conviction. In 1998, David joined Macquarie Group, where he spent 12 years. David Russell email address & phone number | Equis Chief Executive 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. Chris Wright is Asia editor. David Russell has 3 current jobs including CEO at Equis Funds Group, Director at Equis Energy, and Managing Director at Equis. in Painting/ Art History from the University of Tulsa. David Russell - Chief Executive Officer & Pa.. - Equis | ZoomInfo David Russell Archives - Saving with Solar Kahn is frank in the book, telling a painful story about a former American boyfriend she calls Anton whom she dated after her marriage broke down. His work has included regulatory advice, project delivery advice, and transactional advice. In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. 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. We also bought businesses, made them better and sold them off. Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? Tell-all memoir: Ronni KahnCredit:Illustration: John Shakespeare. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education. 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. Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. 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. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. Monash University. In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, Twitter Revenue, Earnings Fell About 40% in December, WSJ Says, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, Bolsonaro Says Mission Isnt Over as US Conservatives Fete Him, Biden Closes In on Order to Restrict US Investment in China Tech, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. Once I became nobody, a lot of those people actually went silent. David Russell who has made his fortune as the cofounder of Singapore-based private equity group Equis has been spending time aboard the impressive vessel with his family. Apr 2022 - Present11 months. In addition, Equis has completed a further 33 utility scale renewable energy projects in Asia over the last 3 years or on average 1 project every 5 weeks. Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. Thomas has over 20 years experience working in a range of business development and energy trading roles. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. When I started out of university, my peer group worked really hard and they were more dedicated. Bryce has deep experience in the Energy and Infrastructure sectors, having worked on multiple global transactions totalling over AUD$ 27bn. Those inside the restaurant overheard the dinner was held to mark his release from jail. MELPOMENE: Hasnt that kind of short-term focus change with the increasing number of young people becoming entrepreneurs? David Russell, Equis Funds Group: Profile and Biography Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. And you find that project developers tend to be more risk seeking, so its better to have someone whos more risk averse to balance their decision-making. Where: Developed markets across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. 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The project will be Taiwan's largest solar project and was part of a twosite public tender.Equis won both tenders, and in accordance [] About Us - Equis Development Pte. Ltd. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. When the money cleared, the partners of Equis went shopping to celebrate. MELPOMENE: Those who behave egregiously are a very small percentage of the industry. He has also written two books. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. Craig Marsh settled upon a black McLaren with carbon-fibre trims. When we set up Equis, we told ourselves that were actually building stuff for once, everything weve doneweve actually built ourselves and without us, it will all just be flat land. in Public Practice from Otis College of Art and Design in 2011. David Russell is buying the real estate dream | The Australian MELPOMENE: How do you envision the use of renewables in ten years time? Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. Equis Commissioned over 400MW of Renewable Energy Projects David Russell, Equis Funds Group: Profile and Biography - Bloomberg Markets Sign In Subscribe Live Now Bloomberg TV+ Bloomberg Studio 1.0:Tony Xu, DoorDash CEO Bloomberg Radio The Big. As for the finance background, well, youve got to know the numbers when it comes to running a business. 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. So guests at Sydneys Alfredo restaurant at Circular Quay did a double take when they walked into the harbourside institution and spotted the Cardinal on Wednesday evening. Privacy Policy. On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. In the Philippines, for example, the government budgets ahead so that they can afford power they need. "Australia represents one of the most exciting solar power generation markets globally and Equis expects to build over $1 billion of new projects over the next 24-36 months," director David Russell said in the press release. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". DAVID: Even though Im the CEO, the decision-making is a collective process. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. While were driving for business success, we formally make a point to give back to the community. 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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. Several months earlier a consortium led by Global Infrastructure Partners (GIP), with partners including the China Investment Corporation sovereign wealth fund, had agreed to buy the renewable energy asset portfolio of Equis, a Singapore-headquartered independent infrastructure asset manager, for $5 billion. MELPOMENE: Have you ever been forced to rethink your life? Russell also chairs Equis Foundation and CSS Foundation, and plans to open a Russian community centre to support disabled and foster children and their parents. 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. Please try again later. 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 . When I interview young people now, I hear more and more of them talk about work-life balancesomething that we never talked about when I was younger. Andrew has over 18 years in Australian large-scale renewable energy and has previously held senior positions at ENGIE, Goldwind and WSP where he was responsible for the development, construction, and delivery of primarily large-scale wind and storage projects. Equis awarded Taiwan's largest solar project at 70MW - PV Tech All rights reserved. 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. ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. David Russell - Equis In the spirit of reconciliation Equis acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. The pieces, which covered the strategies big businesses used to trim their tax burden, ended up being rewritten and republished. He also has extensive investment and Mergers and Acquisitions experience in renewable energy across Asia. You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. This is firstly because Ive observed that as people become more autocratic, their decision-making becomes skewed and over time, they start to make costly mistakes, and very quickly theyre gone. We are committed and responsive to the communities we serve. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. Daniel LeeGroup Head, Corporate CommunicationsDaniel.lee@venaenergy.com, Juwon ChaeGroup Head, Sustainability and Investor RelationsIR@venaenergy.com. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. Will Others Follow? Copyright 2023 Brighton Grammar School. Bachelor of Laws (Hons)/ Bachelor of Economics (Hons) 1988 - 1993; Skills. Equis has also secured land rights over an additional 2,000 hectares allowing for an additional 1,000MWAC of large scale solar projects to be constructed over the near term. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . Shane Warne sold the Brighton mansion for about $20m in 2018. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. The Tailem Bend Solar Project will be one of the lowest cost solar projects in Australia. Equis Energy , AsiaPacific's largest renewable energy IPP, has been awarded a contract by Taiwan's Ministry of Economic Affairs' Bureau of Energy (BOE) to develop a 70.2 MW solar project in Chiayi County's Yizhu Township. He has delivered assets in Europe, Middle East and Australia. While were driving for business success, we formally make a point to give back to the community. 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. DAVID: Years ago, we were just moving paper around. 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. Vignesh has over 7 years experience in infrastructure investment and development across Asia. We acknowledge that our school is on the Country of the people of the Kulin Nations. being driven to the Seminary of the Good Shepherd. Credit:Jason South. David Russell owns over 45,212 units of Vizio stock worth over $35,578,497 and over the last 2 years David sold VZIO stock worth over $9,742,692. MELPOMENE: Did your legal and finance background help you in this field? And thats very important because we now have 84 projects totaling close to 8 billion dollars. Brighton Grammar old boy puts new $5.9m spin on Shane Warne's former pad. Equis CEO David Russell is a key player in the Asia Pacific region's renewable energy game David Russell is the founder and CEO of Equis, a company that evolved from its roots as a funds management business to an infrastructure asset development company, Equis Development, in 2019. He was far, far from perfect. It could become micro power grid systems where power is generated and distributed locally. Equis Commissions Additional 5 MW of Solar Projects in Taiwan David Russell is the founder and CEO of Equis, a company that evolved from its roots as a funds management business to an infrastructure asset development company, Equis Development, in 2019. Youre always very careful when you speak to people and you disagree politely, rarely do people ever thump the table and storm out like they do in movies. David Russell. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. 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. Dont Neglect Succession Planning, Manulife Singapore Offers Digital Payments Via PayNow, FWD Insurance Launches Electronic Claims Payments via PayNow, 1-Michelin-Starred Marguerite Shines With an Invigorating Spring Menu. Weve surprised the market with our growth, which now outstrips our previous employer, and you start to see a lot of these old relationships coming back. Andrew has over 20 years' experience with energy infrastructure projects, specialising in thermal energy project development and construction. . 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. 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. DAVID: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. Construction of the Tailem Bend Solar Project is expected to commence in early 2017. "It was like the last supper," one onlooker said. Representatives for the Catholic Church and Pell did not return calls and emails on Thursday. But to get to a certain point you have to think forward and consider all the paths and possibilities. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group. But what has changed is the level of desperation applied to the business when its your own. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. David Russell | Sad Business School Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. Athletes' ambitions don't end when they leave the field of play. 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. As Asia's largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the world's fastestgrowing renewable energy market These governments need to grow and theyre putting in place very stable regulatory regimes. 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. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 Interest is certainly high. Separately, development approval has recently been obtained from the Whitsunday Regional Council for a 100MWAC solar project in Collinsville North, Queensland, Australia (Collinsville North Solar Project), to be constructed on land close to the Collinsville North substation. But what were we adding back to society? Some of these people want to take a shortcut instead of working hard and they may cut corners, which is unlawful. In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. Its not all hindsight. DAVID: My legal background helped me because it gave me discipline and an eye for detail. DAVID: The plant operations, business development and growth are in other Asian countries such as the Philippines, Japan and India. DAVID RUSSELL: When we started the business, we decided to keep a low profile because we wanted our relationships with governments to stabilise. My mentor at that time made a habit of calling me for work even at 1 a.m. And they have a 24-hour turn over, so no matter how late your client meeting ends, you have to finish your work by the next day. David Russell 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. 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. Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. Equis becomes owner of USD-1.3 bn battery project in Victoria MELPOMENE: Large corporations are almost inevitably hierarchical. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. Readers will recall Pell spent his first night of freedom upon his release in the Carmelite Monastery in Melbournes Kew, before being driven to the Seminary of the Good Shepherd in Sydney's Homebush. Over 22 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Director & Board Member of Denham Capital Asia Pacific. DAVID: We have that in our business model by having compensation tied to the performance of the business through carried interest. DAVID: Thats the million-dollar question. The knock-down rebuild of the rear of the house will feature two linked pavilions and include a dining and kitchen space as well as rumpus room, a master bedroom and gym. They are part of C-Suite Department and their management level is C-Level. 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. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. She wasnt joking. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior . He covers the Asia Pacific region and is based in Singapore. DAVID: Its definitely not who you know. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. 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.. Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. In 2011, David established Equis Energy. 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. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. Although what relationship she has with the government given its voracious criticism of her reporting will be interesting. Lady E: David Russell's birthday bash gets Brighton - Heraldsun Founding partner and chief executive David Russell has reportedly paid close to $20 million for the Melbourne 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 of IT entrepreneur Danny Wallis. Warnie, whose acumen in real estate is starting to rival his spin bowling prowess, had bought the 3000sq m property, which he once dubbed his favourite house, for $14.25m, 18 months before selling it to the Russells. David graduated from their alma mater, Monash University and is currently based in Singapore, Central Singapore. Called the Lady E, it's available to charter for a cool $767,840 a week. David Eugene Russell Net Worth (2023) | wallmine Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. As Asias largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the worlds fastestgrowing renewable energy market., Daniel LeeGroup Head, Corporate CommunicationsDaniel.lee@venaenergy.com, Juwon ChaeGroup Head, Sustainability and Investor RelationsIR@venaenergy.com. MELPOMENE: Given that R&D in this sector is changing so quickly, are you concerned that your solar and wind facilities might become obsolete? 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. Private equity: The inside story of Equis and its partners' $800 Marsh was revealed as the buyer of a knock-down-rebuild in Mosman for $6.88 million, as well as a waterfront in Noosa Heads for about $4 million, also slated for redevelopment. These people deserve to be caught and punished, but they are certainly not the norm in the industry. David Russell - Director, Technology Practices and Standards - LinkedIn Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. David Russell - Head of Private Equity Asia and Greater China They said that if youre willing to build the facility, were willing to buy that power from you at a fixed price for 20 or 25 years, and that gave us a lot of confidence. 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 Russell earned his B.F.A. Equis Energy had a clear strategy of developing and constructing renewable energy generation assets in Asian rural areas, and David mandated that each investment support the health, education and infrastructure of the communities in which each asset was located, changing the lives of thousands of vulnerable parents and children.