In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. DAVID K. RUSSELL. Find out more. 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. Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. 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. Yes, Only if Its Forma. But most importantly, if you want to be successful, youll have to work hard. California Weighs $360,000 in Reparations to Eligible Black Residents. DAVID: Its definitely not who you know. Save 407.2 million litres of water each year (when compared with the water usage of coal fired power plants). Vignesh has over 7 years experience in infrastructure investment and development across Asia. People start thinking that these are the bad guys, but based on my experience, its not the case. 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. Ive always worked long hours and that hasnt changed. 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. DAVID: If youre intelligent, adaptable, and willing to work hard, you can be very successful without a legal or finance background. 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. DAVID: Ive watched a couple and I always cringe [laughs]. Where does the fallout from the Adani crisis take India now? 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. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? He has delivered assets across the Asia-Pacific. He sold Equis Energy, which he founded in 2011, for (US) $5bn in 2017. 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. We acknowledge that our school is on the Country of the people of the Kulin Nations. David Russell VZIO stock SEC Form 4 insiders trading Were a lot happier not only making money but also making a difference. See our. If theres a physical tussle over the South China Sea, its not going to affect our facilities. He led Equis development of wind and hydro projects in India. In Asia, power has always been the number one sector to invest in, not renewable energy. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. Bibendum arcu vitae elementum curabitur vitae nunc sed velit. 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. Search. 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. He covers the Asia Pacific region and is based in Singapore. David Russell Full Name: David Charles Russell Company: Equis Pte. Celebrity food writer Melissa Leong and chef Kylie Kwong are relegated to the inside cover, alongside Jimmy Barnes. Apparently Pell was flanked by a number of priests. 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. But what has changed is the level of desperation applied to the business when its your own. Interest is certainly high. We felt that we deserved to be paid well because we were certainly working hard. Construction of the Collinsville North Solar Project is expected to commence in 2017. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Everything comes back to the numbers. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. 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. Now more than ever, players rightly see themselves as multi-faceted entrepreneurs, and seek ways to leverage their brands in everything from real estate to venture capital. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. In 2011, David established Equis Energy. These people deserve to be caught and punished, but they are certainly not the norm in the industry. Once I became nobody, a lot of those people actually went silent. Tel: +65 6220 0040, Legal Notice & Terms of Use By submitting this form, I agree to these terms and conditions. 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. 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. 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. Business isnt as aggressive as its been dramatised to be. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. 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$5bn of equity for Asian private equity in Public Practice from Otis College of Art and Design in 2011. We have the saying: You eat what you kill. Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. Athletes' ambitions don't end when they leave the field of play. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. 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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. Although what relationship she has with the government given its voracious criticism of her reporting will be interesting. The project will be Taiwan's largest solar project and was part of a twosite public tender.Equis won both tenders, and in accordance [] We were also growing rapidly and did not want to give our competitors advance knowledge of what we were doing. A good thing, no doubt. CBD hears that her ABC redundancy payout was in the vicinity of $300,000. Photo: Domain. They had reason to celebrate. 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The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. 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. DAVID: Theres an element of that. Will Others Follow? But her kids thought he was a phoney. 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. Co-Founder, Managing Director. 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. 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: Thats the million-dollar question. Snowy Hydro has agreed to purchase 100% of the power produced from the Tailem Bend Solar Project for at least 22 years. MELPOMENE: What gave you the foresight to begin investing in renewable energy in 2011? 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. Founding partner and CEO, Equis Development, Equis CEO David Russell is a key player in the Asia Pacific regions renewable energy game. In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. 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 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. 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. 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. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. 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). David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT MELPOMENE: Has ownership changed your motivation towards work? 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. Our purpose is to help current and future generations of Australians and we wont stop until we doso. MELPOMENE: Is it important that the work you do creates value for society? See reunion dates, update your details and give to BGS. 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. Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. As the CEO and Chairman, David grew Equis Energy to become Asia-Pacifics largest renewable energy generator. Bachelor of Laws (Hons)/ Bachelor of Economics (Hons) 1988 - 1993; Skills. Chris Wright is Asia editor. Senectus et netus et malesuada fames ac turpis egestas sed. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. 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. MELPOMENE: Skadden has a terrific reputation, how was it like working there? 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. 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: Is what you know or who you know more important? All rights reserved. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. 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 There are already storage systems that are very profitable, and one of them is pump storage. You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. 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. Were working to restore it. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 We offer a range of scholarships to give as many boys as possible the chance of a BGS education. Musk Made a Mess at Twitter. 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. 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. DAVID: Skydiving! And yet, whatever the package contained, I was willing to put up with it," Khan and co-author Jessica Chapnik Kahn write. David is also . Secondly, hierarchical environments create ceilings and politics. 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. After building the Korean private equity business, I felt that it was time to do it myself rather than rely on an institutional brand. Brighton Grammar old boy puts new $5.9m spin on Shane Warne's former pad. Damian has 23 years of infrastructure investment experience, with over 17 years experience in Asia Pacific, and has completed over AUD$ 27 billion of transactions across various sectors including renewable and conventional energy, telecommunications, waste, greenfield development, PPPs, and transportation. 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Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. Ltd. 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. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. 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. Over there, our local guys are empowered to identify and drive growth from bottom up. EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. DAVID: Even though Im the CEO, the decision-making is a collective process. MELPOMENE: The project developers dont have the discretion to make decisions locally? So while I was growing and being mentored, I had that slight frustration. 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. Its human to fear what you dont understand. David Russell Regional Sales Manager NSW/ACT at Dialight APAC - World Leader In Hazardous and Industrial LED Lighting solutions . 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. At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. Consequat id porta nibh. Employ over 400 people during the construction phase. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. The Projects will involve a capital investment of approximately A$400 million. David Russell. 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. But what were we adding back to society? Prior to joining Equis, he worked as a commercial lawyer specialising in litigation and dispute resolution for 4 years. 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. Apr 2022 - Present11 months. 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. DAVID: Its all relative. 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? If anything we are quite an introverted group, but we knew what we were talking about. Called the Lady E, it's available to charter for a cool $767,840 a week. 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. MELPOMENE: You were well-connected and had the expertise, but was it still a risky move? It could become micro power grid systems where power is generated and distributed locally. MELPOMENE: Given that R&D in this sector is changing so quickly, are you concerned that your solar and wind facilities might become obsolete? Alberici's new gig is chief strategy government relations and communications officer. "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.
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