david russell, equis

I think that helps people remain human in this business. In Asia, power has always been the number one sector to invest in, not renewable energy. We think in 5 years, it will revolutionise utility-scale power and in 10 years, it may completely revolutionise power. The combined power and large-scale generation certificates price of the Tailem Bend Solar Project is approximately 40% less than prevailing South Australian market prices, delivering significant savings to South Australian consumers. Will His AI Plans Be Any Different? 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. We were also growing rapidly and did not want to give our competitors advance knowledge of what we were doing. Equis Expands into Australia with Two Large Solar Projects Everything comes back to the numbers. MELPOMENE: Warren Buffet said that a big problem in the boardroom is that nobody wants to criticise the CEO. DAVID: Years ago, we were just moving paper around. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. MELPOMENE: Is it important that the work you do creates value for society? I dont think solar and wind per se will be obsolete, theyll always be utilised because theyre efficient and environment friendly. I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. 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. Were working to restore it. While were driving for business success, we formally make a point to give back to the community. DAVID RUSSELL: When we started the business, we decided to keep a low profile because we wanted our relationships with governments to stabilise. There are already storage systems that are very profitable, and one of them is pump storage. But what has changed is the level of desperation applied to the business when its your own. David Russell is buying the real estate dream | The Australian The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. Like the Mosman house, Marshs purchase on the Noosa waterfront is also expected to be a rebuild, withDA plans for a rebuild already lodged with Noosa Council. Andrew has over 20 years' experience with energy infrastructure projects, specialising in thermal energy project development and construction. 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. DAVID: People dont understand the industry, its very complex and even I dont understand some parts of it. 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. Another guest wore a blazer bearing an Order of Australia gong on their lapel. DAVID: They worked hard. 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. Tel: +65 6220 0040, Legal Notice & Terms of Use Marsh, a former Macquarie Group executive who joinedEquisin2014, isnt the only partner at the renewablesfundwho has splashed on his real estate dreams in recent months. 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. 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. But what were we adding back to society? In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. That makes you focus harder, question harder and dig deeper until youre personally satisfied with solutions. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. DAVID: Yeah, a number of them obviously felt that while our relationship was important, it was based on our work together, so they were more likely to do business with Macquarie than some guy whos just starting out. Consequat id porta nibh. MELPOMENE: Has ownership changed your motivation towards work? Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. 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. Find out more. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. 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. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? in Painting/ Art History from the University of Tulsa. Empower. 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. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. What: Equis is focused on the development, construction, ownership and operation of energy, including renewable and hybrid (gas and renewable) systems, bioenergy and waste processing, and waste recovery infrastructure assets. 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. DAVID K. RUSSELL. Yes, Only if Its Forma. "I understand now how people can love a person who does awful things. 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. Do you worry about that? Shane Warne's former pad gets new $5.9m spin from Brighton - The Age Head of Acquisitions, Macquarie Korea Infrastructure Fund (KOSPI), Bachelor of Commerce, LL.B, Canterbury University, NZ, Over 28 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Macquarie Senior Managing Director & Head of Infrastructure Advisory for Korea and North Asia, Bachelor of Arts (Hons), Major in Business Economics, UC Santa Barbara, MBA, Sloan School of Business, MIT, Investments, Australia & New Zealand Equis since 2010, Over 28 years of Asia-Pacific infrastructure investment and advisory experience, having raised and invested over US$5bn of equity for Asian private equity, Former Macquarie Senior Managing Director & Head of Greater China & Asian Private Equity, Utilities lawyer, Skadden Arps (Washington DC) & Minter Ellison (Melbourne), Bachelor of Economics (Hons), LL.B (Hons), Monash University, Over 25 years of infrastructure investment experience, with 19 years in Australia, Bachelor of Commerce (Hons), Bachelor of Laws (LLB), Deakin University, Advanced Management Program, Harvard Business School, Over 17 years of Asian private equity and infrastructure investment experience, Former Macquarie Vice President & Head of Acquisitions MENA (Abu Dhabi), MKIF investment team (Korea), Bachelor of Economics, Seoul National University, 1 George Street #23-03 Taiwan is at a critical juncture in the development of its energy resources, and the award of the Chiayi solar project, after a very competitive . Ive always worked long hours and that hasnt changed. Equis awarded Taiwan's largest solar project at 70MW - PV Tech David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. DAVID: When we first set up Equis, foreign investors wanted to talk about China and India, and they werent focused on markets like Thailand and the Philippines. Supply the annual power needs of 63,165 homes. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. DAVID: Ive been forced to rethink of my priorities and came to the realisation that family is always number one to me. Once I became nobody, a lot of those people actually went silent. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT Emma Alberici has landed a new gig, and, as promised, it's not on TV. Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. Does Joo Chiat Need Another Italian Joint? Photo: Domain. US$5 billion sale of Equis Energy prompts Craig Marsh's high - Domain He has also written two books. MELPOMENE: How has it been different at Equis? Theres a whole bunch of things on there that I really dont want to do [laughs]. Conversations with David Russell | High Net Worth He was charming and once flew her to Hong Kong for dinner. In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. 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? MELPOMENE: How do you envision the use of renewables in ten years time? 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. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. Ltd. I like to think that I dont have a fear of heights, but the idea of jumping out of a plane and not knowing for sure if the parachute is going to work can be intimidating. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. We wish to honour the connection to Country of all Aboriginal and Torres Strait Islander peoples and pay respect to their Traditional Custodians and Elders past, present and emerging. Alberici's new gig is chief strategy government relations and communications officer. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. David graduated from their alma mater, Monash University and is currently based in Singapore, Central Singapore. Copyright 2023 Equis Development Pte. Its human to fear what you dont understand. Marshs spending spree only came to light after he settled on his Mosman purchase of a 1940s house on waterfront reserve in Clifton Gardens from the Rosenthal family. 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. 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. "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. DAVID: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. David Russell - Equis Development Pte. Ltd. MELPOMENE: What gave you the foresight to begin investing in renewable energy in 2011? One George Street, Singapore 049145 His thesis and work explore the . He was far, far from perfect. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. Russell received his M.F.A. 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. Equis Funds Group CEO 2010 Equis Energy Director Equis Managing Director Education Snowy Hydro has agreed to purchase 100% of the power produced from the Tailem Bend Solar Project for at least 22 years. 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. David Russell, Equis Funds Group: Profile and Biography So by removing the glass ceiling, we dont lose our senior people as we grow. And guess who was right? DAVID: My legal background helped me because it gave me discipline and an eye for detail. 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. Construction of the Collinsville North Solar Project is expected to commence in 2017. But maybe thats a good thing, you see all these people whose primary focus has been work all their lives and sometimes when a death happens in the family, all of a sudden they stop and go: What am I doing? CBD hears that her ABC redundancy payout was in the vicinity of $300,000. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. If anything we are quite an introverted group, but we knew what we were talking about. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. By submitting this form, I agree to these terms and conditions. MELPOMENE: Do you think that giving people ownership is the way to motivate them? My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. Will Others Follow? MELPOMENE: Why did you decide to target Asian markets? David Russell, Equis Chairman, said, "As AsiaPacific's largest renewable energy IPP, Equis is excited about leveraging its economies of scale in the growing Australian market to deliver lowcost renewable energy. MELPOMENE: Did your legal and finance background help you in this field? And yet, whatever the package contained, I was willing to put up with it," Khan and co-author Jessica Chapnik Kahn write. Outside of work, its important to be approachable and to talk to people, grab a beer with them, and let them know that I shouldnt be treated differently. Representatives for the Catholic Church and Pell did not return calls and emails on Thursday. Copyright 2023 Brighton Grammar School. Prior to joining Equis, Liz held planning and permitting roles at Goldwind. So while I was growing and being mentored, I had that slight frustration. 2023 Tatler Asia Limited. 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. 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? Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. As the CEO and Chairman, David grew Equis Energy to become Asia-Pacifics largest renewable energy generator. 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.

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