david russell, equis

The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. MELPOMENE: Why did you decide to target Asian markets? That grew to be OzHarvest. Search. David Russell - Oakland, California, United States - LinkedIn Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass 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. Alberici vowed she would never front a TV show again after exiting the ABC. Equis Wins Public Tender to Develop Taiwan's Largest Solar Project Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. . Pell, according to CBD spies, was seated at the middle of a long table, with about a dozen people, and knew some of the guests at smaller tables flanking the high table. 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. Find contact details for 700 million professionals. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. 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 . DAVID K. RUSSELL. 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. 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. In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. But there are a number of governments that came up with programmes to encourage investments in renewable energy. At work, I am direct with people and I encourage them to be the same with me. In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs. The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. DAVID: I get people coming out of Europe and the U.S. saying that theyre worried about Asian re-regulation risk and governments taking away our assets, but that happens even in Southern Europe. 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. The partners, most of them ex-Macquarie bankers, had delivered for their investors, who included some of the biggest institutional names in the world: the University of Texas/Texas A&M Investment Company (Utimco), Partners Group, Willis Towers Watson, BlackRock, JPMorgan Pension, numerous Australian superannuation funds, and others representing the Dutch, German and Malaysian state. Youre right at the table with them as a trusted advisor. If theres a physical tussle over the South China Sea, its not going to affect our facilities. David is also the founder and Chairman of the CSS Foundation, which is focused on supporting vulnerable parents and children in Australia, Russia, and the Philippines. Representatives for the Catholic Church and Pell did not return calls and emails on Thursday. 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 2005-2010, based in Seoul and Hong Kong, David established three infrastructure private equity funds, including one of the first and largest South Korean private funds. "I understand now how people can love a person who does awful things. Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. 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. 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. 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 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. Called the Lady E, it's available to charter for a cool $767,840 a week. 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. 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. 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. Mr Russell, the co-founder of Equis an offshore private equity group, has slapped a caveat on Shane Warne's Melbourne mansion in a deal worth close to $20m and is believed to be readying to fork out a further $22m for a Noosa beachfront home in what is a record price for the Queensland holiday region. Ltd. Industry: Private Equity Position: Chief Executive Officer & Director Ownership Type: Individual Date Status Acquired: 10/01/2010 Ownership Stake: Less than 5% Employment Details Company/Fund Name: Equis Pte. Will Others Follow? Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. He led Equis development of wind and solar projects in the Philippines. 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. DAVID: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. The firm focuses 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, across Asia Pacific. MELPOMENE: Has ownership changed your motivation towards work? DAVID: Skydiving! Liz has over 14 years' experience of statutory planning experience within the infrastructure and renewable energy sector in Australia. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. Vignesh has over 7 years experience in infrastructure investment and development across Asia. When I stepped out on my own, the thing that surprised me the most was that a lot of my relationships were premised on the basis that I was quite senior at Macquarie. Alberici's new gig is chief strategy government relations and communications officer. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. Equis Commissioned over 400MW of Renewable Energy Projects All rights reserved. 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. It could become micro power grid systems where power is generated and distributed locally. But what were we adding back to society? See our. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. That makes you focus harder, question harder and dig deeper until youre personally satisfied with solutions. PDF For Immediate Release Equis Acquires South Korean Hybrid Solar 2023 High Net Worth All rights reserved. Although what relationship she has with the government given its voracious criticism of her reporting will be interesting. 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. David Russell - Equis Development Pte. Ltd. Equis' team brings focus, experience, passion and conviction. MELPOMENE: Is what you know or who you know more important? They had reason to celebrate. In Asia, power has always been the number one sector to invest in, not renewable energy. MELPOMENE: Have you ever been forced to rethink your life? 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. ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. US Jobs Report and Powell Testimony Take Center Stage: Eco Week, Bond Mavens Favor Curve Wagers for Next Encounter With Jobs Data, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate. 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. Copyright 2023 Equis Development Pte. MELPOMENE: Do you find that theres a biased perception against the financial industry, particularly after the 2008 financial crisis? 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. Please try again later. Tel: +65 6220 0040, Legal Notice & Terms of Use Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. Craig Marsh settled upon a black McLaren with carbon-fibre trims. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. 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. You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. Our purpose is to help current and future generations of Australians and we wont stop until we doso. Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. We started to participate because we saw an opportunity to make good money and invest in a growing sector. 2023 Tatler Asia Limited. We have the saying: You eat what you kill. CRICOS Provider Code: 00132K. Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. MELPOMENE: Do you ever watch popular films that depict the financial industry? David Russell earned his B.F.A. Equis becomes owner of USD-1.3 bn battery project in Victoria 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. I dont think solar and wind per se will be obsolete, theyll always be utilised because theyre efficient and environment friendly. "It was like the last supper," one onlooker said. He also has extensive investment and Mergers and Acquisitions experience in renewable energy across Asia. He led Equis development of wind and hydro projects in India. Construction of the Tailem Bend Solar Project is expected to commence in early 2017. Where does the fallout from the Adani crisis take India now? Over there, our local guys are empowered to identify and drive growth from bottom up. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. 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. In 10 years, buildings can be fitted with solar panels and your phone could double as a storage device. Others Named David Russell. The other guests in the restaurant said they had to pinch themselves. MELPOMENE: Do you think that giving people ownership is the way to motivate them? DAVID: Even though Im the CEO, the decision-making is a collective process. 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. See reunion dates, update your details and give to BGS. Prior to joining Equis, he was the Head of Trading and Wholesale Markets at Goldwind Australia. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. DAVID: My legal background helped me because it gave me discipline and an eye for detail. 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. 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]. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. 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. US$5 billion sale of Equis Energy prompts Craig Marsh's high end real estate splurge, The Rosenthal family owned this three-bedroom house at Clifton Gardens since the 1940s. Employ over 400 people during the construction phase. 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. Founding partner and CEO, Equis Development, Equis CEO David Russell is a key player in the Asia Pacific regions renewable energy game. MELPOMENE: Large corporations are almost inevitably hierarchical. These people deserve to be caught and punished, but they are certainly not the norm in the industry. 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. in Painting/ Art History from the University of Tulsa. 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. 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. So while I was growing and being mentored, I had that slight frustration. DAVID: Technology and mindsets are evolving rapidly. Our locally based staff boast a strong understanding of rural and regional Australia. 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. MELPOMENE: You are headquartered in Singapore but your operations are in other parts of Asia? He is the current Head of Legal for Equis in Australia and is responsible for all legal matters internally and associated with projects. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT David is also . So by removing the glass ceiling, we dont lose our senior people as we grow. After building the Korean private equity business, I felt that it was time to do it myself rather than rely on an institutional brand. Do you worry about that? And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. In the Philippines, for example, the government budgets ahead so that they can afford power they need. 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. Our People - equis.com.au Athletes' ambitions don't end when they leave the field of play. The Projects will involve a capital investment of approximately A$400 million. Prior to joining Equis, Vincenzo held roles with Canadian Solar, Raygen Resources, ABB and various European solar companies and technology providers. 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. About Us - Equis Development Pte. Ltd. DAVID: Its all relative. Apr 2022 - Present11 months. David Russell - Chief Executive Officer & Pa.. - Equis | ZoomInfo Were a lot happier not only making money but also making a difference. 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. Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. Senectus et netus et malesuada fames ac turpis egestas sed. Another guest wore a blazer bearing an Order of Australia gong on their lapel. 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. David Russell email address & phone number | Equis Chief Executive Hartford, Connecticut, United States. Copyright 2023 Brighton Grammar School. 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. 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: Theres an element of that. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. 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. As for the finance background, well, youve got to know the numbers when it comes to running a business. The estimated Net Worth of David Eugene Russell is at least $45.3 Million dollars as of 11 November 2021. Equis Wins Public Tender to Develop Taiwan's Largest Solar Project DAVID: Ive watched a couple and I always cringe [laughs]. Save 397,400 tonnes of greenhouse gas emissions each year or the equivalent of removing 83,860 passenger vehicles from Australian roads. 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. They used to work at Macquarie. An army of builders is carrying out a $5.9 million upgrade at the heritage property, famously owned (not once, but twice) by former Test cricketer Shane Warne.

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