See reunion dates, update your details and give to BGS. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. 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. David Russell - Chief Executive Officer & Pa.. - Equis | ZoomInfo 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. Once I became nobody, a lot of those people actually went silent. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. There are already storage systems that are very profitable, and one of them is pump storage. Co-Founder, Managing Director. Prior to joining Equis, Liz held planning and permitting roles at Goldwind. Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. 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. Another guest wore a blazer bearing an Order of Australia gong on their lapel. "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. MELPOMENE: You are headquartered in Singapore but your operations are in other parts of Asia? 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. David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. Craig Marsh settled upon a black McLaren with carbon-fibre trims. 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 Russell email address & phone number | Equis Chief Executive At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. Does Joo Chiat Need Another Italian Joint? The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. 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. Its interesting how that has come full circle. 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. 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. Conversations with David Russell | High Net Worth We felt that we deserved to be paid well because we were certainly working hard. David Russell, Equis Chairman, said: "As Asia-Pacific's largest renewable energy IPP, Equis is pleased to be playing an important role in Taiwan's transition to low-cost, clean energy. 2023 High Net Worth All rights reserved. Called the Lady E, it's available to charter for a cool $767,840 a week. Find contact details for 700 million professionals. DAVID: Theres an element of that. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. 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 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. By submitting this form, I agree to these terms and conditions. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. Bachelor of Laws (Hons)/ Bachelor of Economics (Hons) 1988 - 1993; Skills. DAVID K. RUSSELL. Supply the annual power needs of 63,165 homes. 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. MELPOMENE HUA: Why did you decide to be profiled after years of being under the radar? 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. EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). 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. Snowy Hydro has agreed to purchase 100% of the power produced from the Tailem Bend Solar Project for at least 22 years. Our People - equis.com.au Hlne Darroze in Conversation With Violet Oon, DPR Construction Used Technology for the Construction of Curtin Singapore Without Physical Meet-Ups, How to Work With Family, and Still Like Each Other, Making Sense of Interest Rates Is Common Sense, Singapore Bond Markets: Sit Back, Lie Flat, Bond Market Thoughts: Sitting Around Waiting to Catch Covid, Union Bank of the Philippines to Issue First Social Bond, Inflation Rule of Thumb Means You Should Not Buy Bonds. Andrew has over 20 years' experience with energy infrastructure projects, specialising in thermal energy project development and construction. Shane Warne's former pad gets new $5.9m spin from Brighton - The Age Not the David Russell you were looking for? They are part of C-Suite Department and their management level is C-Level. MELPOMENE: How has it been different at Equis? Prior to joining Equis, he was the Head of Trading and Wholesale Markets at Goldwind Australia. He has delivered assets in Europe, Middle East and Australia. David Russell - Oakland, California, United States - LinkedIn 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. 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. CBD hears that her ABC redundancy payout was in the vicinity of $300,000. MELPOMENE: Hasnt that kind of short-term focus change with the increasing number of young people becoming entrepreneurs? 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. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, CEO/Partner/Co-Founder, Equis Funds Group. You can only aspire to be like them. Alberici's new gig is chief strategy government relations and communications officer. 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. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. 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. 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: The level at which you can supply renewable energy into the grid is actually quite highfor example, Germany is at around 50% now and theyre targeting 100%. For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. David Russell Archives - Saving with Solar David Russell David Russell 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 David Russell Full Name: David Charles Russell Company: Equis Pte. Both plants will also be designed as battery-storage ready further enhancing their long term attractiveness as stable, low cost sources of power, added Mr Russell. 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: Was your background crucial to your success? In Equis, all the senior people feel like theyre involved in the decision-making process and in terms of remuneration, its a meritocracy here. 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. DAVID: Definitely. 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. 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? In India, Equis commissioned four wind projects in Andhra Pradesh, Madhya Pradesh and Gujarat with generation capacity of 206 MW, and a hydro project in Sikkim added another 96 MW of generation capacity. Craig Marsh settled upon a black McLaren with carbon-fibre trims. Equis Commissions Additional 5 MW of Solar Projects in Taiwan 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 company was part of reportedly the largest global renewable energy transaction in history in 2018 when its subsidiary, Equis Energy, was sold to Global Infrastructure Partners for US$5 billion. Over there, our local guys are empowered to identify and drive growth from bottom up. 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. I use a decision tree in that process and find that if you have the ability and willingness to think through the entire tree, you can map out where youre heading with a fair degree of certainty. 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. Chris Wright is Asia editor. Athletes' ambitions don't end when they leave the field of play. In 10 years, buildings can be fitted with solar panels and your phone could double as a storage device. When I left my previous employer, I didnt realize how risky it actually was. MELPOMENE: Is what you know or who you know more important? Ive always worked long hours and that hasnt changed. Singapore, 27 March, 2017 In 2015, Equis, Asias largest independent renewable energy investor, commissioned nine (9) solar, wind and hydro projects in India, Japan and the Philippines, with a total generation capacity of 407.4 MW. China Equities: Yesterdays Story or More Compelling Than Ever? MELPOMENE: Why did you decide to target Asian markets? Founding partner and CEO, Equis Development, Equis CEO David Russell is a key player in the Asia Pacific regions renewable energy game. Brighton Grammar old boy puts new $5.9m spin on Shane Warne's former pad. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. Were sorry, this feature is currently unavailable. He sold Equis Energy, which he founded in 2011, for (US) $5bn in 2017. But most importantly, if you want to be successful, youll have to work hard. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. 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. Singapore, 1 February 2017 Equis Energy (Equis), Asias largest independent renewable energy developer and investor, recently approved the development, construction and operation of two solar projects in South Australia and Queensland, Australia with a total generation capacity of 200MWAC (Projects). The Projects will involve a capital investment of approximately A$400 million. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . We're sure the builders are observing strict social distancing protocols during stage four lockdown. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. We also bought businesses, made them better and sold them off. 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 . 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. We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. 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. In 2011, David established Equis Energy. Credit:Jason South. Consequat id porta nibh. His thesis and work explore the . The estimated Net Worth of David Eugene Russell is at least $45.3 Million dollars as of 11 November 2021. David Russell - Crunchbase Person Profile 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. 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. DAVID RUSSELL: When we started the business, we decided to keep a low profile because we wanted our relationships with governments to stabilise. We definitely know a lot of people, but this business was not built on that. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. 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. 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. US$5 billion sale of Equis Energy prompts Craig Marsh's high - Domain Yes, Only if Its Forma. In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs.