David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. But he also told me theres no law stating that you cant act unreasonably [laughs]. I dont think solar and wind per se will be obsolete, theyll always be utilised because theyre efficient and environment friendly. Ed has managed $13b of electricity regulated and commercial assets as GM for AusNets Transmission and Distribution networks. MELPOMENE: Is what you know or who you know more important? Called the Lady E, it's available to charter for a cool $767,840 a week. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. The esteem that the businesswoman turned social entrepreneur is held in is revealed by the calibre of the blurbs on the cover: ABC journalist Annabel Crabb gets star billing above former governor-general Quentin Bryce, while Crabbs boss, ABC chair Ita Buttrose, has to make do with the back page. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. MELPOMENE: Large corporations are almost inevitably hierarchical. Additionally, David Russell has had 1 past job as the Senior Managing Director at Macquarie Group. People say that Asia is developing, but their frameworks are far more developed than those in Europe. Some $1.3 billion of that was assumed liabilities, but still, it was a landmark: $3.7 billion of equity, the vast majority of it in unrestricted cash.
David Russell - Brighton Grammar: Leading Private School | Boys' School Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market.
MELPOMENE: Was your background crucial to your success?
In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future.
David Russell Archives - Saving with Solar Alberici vowed she would never front a TV show again after exiting the ABC.
Equis Commissioned over 400MW of Renewable Energy Projects "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. Tell-all memoir: Ronni KahnCredit:Illustration: John Shakespeare. Alberici's new gig is chief strategy government relations and communications officer. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. Damian has 23 years of infrastructure investment experience, with over 17 years experience in Asia Pacific, and has completed over AUD$ 27 billion of transactions across various sectors including renewable and conventional energy, telecommunications, waste, greenfield development, PPPs, and transportation. By submitting this form, I agree to these terms and conditions. We started to participate because we saw an opportunity to make good money and invest in a growing sector. 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. 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 theres a physical tussle over the South China Sea, its not going to affect our facilities. 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. DAVID: Technology and mindsets are evolving rapidly. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. 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@sbs.ox.ac.uk Sad Business School University of Oxford Park End Street Oxford OX1 1HP Profile David Russell has joined Sad Business School as an Executive in Residence, after having led the Education and Training Foundation (ETF) in England as CEO for 8 years and having previously served the UK government for 16. And guess who was right? DAVID: Ive watched a couple and I always cringe [laughs]. "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 Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). 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. Photo: Domain. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. 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. 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. 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. MELPOMENE: You were well-connected and had the expertise, but was it still a risky move? David Russell Regional Sales Manager NSW/ACT at Dialight APAC - World Leader In Hazardous and Industrial LED Lighting solutions . Ive always worked long hours and that hasnt changed. 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 $20 million in an off-market deal in 2018. Some of these people want to take a shortcut instead of working hard and they may cut corners, which is unlawful. Save 397,400 tonnes of greenhouse gas emissions each year or the equivalent of removing 83,860 passenger vehicles from Australian roads. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. Tel: +65 6220 0040, Legal Notice & Terms of Use 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. Secondly, hierarchical environments create ceilings and politics. These people deserve to be caught and punished, but they are certainly not the norm in the industry. Bryce has deep experience in the Energy and Infrastructure sectors, having worked on multiple global transactions totalling over AUD$ 27bn. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience.
Shane Warne's former pad gets new $5.9m spin from Brighton - The Age He has also written two books. MELPOMENE: Do you think that giving people ownership is the way to motivate them? 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. Over 22 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Director & Board Member of Denham Capital Asia Pacific. 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. 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. Once I became nobody, a lot of those people actually went silent. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730. MELPOMENE: Those who behave egregiously are a very small percentage of the industry. The estimated Net Worth of David Eugene Russell is at least $45.3 Million dollars as of 11 November 2021. DAVID: Theres an element of that. 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. I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. MELPOMENE: Have you ever been forced to rethink your life? Its important to humble yourself. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. 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 See our. Prior to joining Equis, Liz held planning and permitting roles at Goldwind. 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. Its interesting how that has come full circle. Its not just gratuitous giving. One of my early mentors said, David, if theres one thing I can teach you about doing business is that whatever you do, you must always act lawfully. And that has always stuck with me.
David Russell - Director, Technology Practices and Standards - LinkedIn Equis becomes owner of USD-1.3 bn battery project in Victoria 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. 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. 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 . Good Graces Doesnt Need Much to Get in Your Good Books, Tiger Artist Tan Seng Yong Captures War and Peace Through His Work, Never-Seen-Before Exhibition of Andy Warhols Photography at Hotel Bel-Air, Singapores Oldest Living Pioneer Artist Has an Exhibition and Book Out, Artist Camilla Engstrm Is What the World Needs Right Now, The Lowdown on Barcelonas Most Stylish Hotel, The Standard Set to Open Its Asia Flagship Hotel in May, Why This Space-Inspired Luxury Camp in Antarctica Costs US$65,000, The Destination You Should Visit in 2022, Based on Your Chinese Zodiac, Bang & Olufsens New Beosound Theatre Is the Best Soundbar Out There, Hublot Drops Limited-Edition Watch With Crypto Company Ledger, The SaleSales Dempsey Pop-Up Offers Luxury Fashion Deals From Famous Brands, Bang & Olufsen and CLOT Release Blood Red Beosound A1 Speaker, Rolls-Royce Spectre: The Worlds Most Luxurious Electric Car, Lamborghinis Urus Performante Is a Next-Level Super SUV, Aston Martin Has Built Its First DBX707 Customer Car, Self-Partnership Isnt Just for Single People, Tan Kheng Hua: Stay-Home Notice? That makes you focus harder, question harder and dig deeper until youre personally satisfied with solutions. In the spirit of reconciliation Equis acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. 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 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. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. We also bought businesses, made them better and sold them off. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger.
About Us - Equis Development Pte. Ltd. . 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). These governments need to grow and theyre putting in place very stable regulatory regimes. Emma Alberici has landed a new gig, and, as promised, it's not on TV. Were working to restore it. Additionally, he has held various senior roles with companies such as WePower, AbsoluteClimo, European Energy Exchange, ASX Energy and Deutsche Bank.
Conversations with David Russell | High Net Worth MELPOMENE: What gave you the foresight to begin investing in renewable energy in 2011? Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. being driven to the Seminary of the Good Shepherd. Construction of the Collinsville North Solar Project is expected to commence in 2017. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. In Equis, all the senior people feel like theyre involved in the decision-making process and in terms of remuneration, its a meritocracy here. Search. A good thing, no doubt. 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. All rights reserved.
Equis Wins Public Tender to Develop Taiwan's Largest Solar Project 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. MELPOMENE: Is it important that the work you do creates value for society? DAVID: Its definitely not who you know. 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. Ltd. 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. 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. "It was like the last supper," one onlooker said. He covers the Asia Pacific region and is based in Singapore. So while I was growing and being mentored, I had that slight frustration. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. 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. All rights reserved. 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. 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. Craig Marsh settled upon a black McLaren with carbon-fibre trims. We definitely know a lot of people, but this business was not built on that. Bachelor of Laws (Hons)/ Bachelor of Economics (Hons) 1988 - 1993; Skills. 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.
Our People - equis.com.au Founding partner and CEO, Equis Development, Equis CEO David Russell is a key player in the Asia Pacific regions renewable energy game. 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
He was charming and once flew her to Hong Kong for dinner. 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. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. As for the finance background, well, youve got to know the numbers when it comes to running a business. In the battery sector, the prices are falling but their performance is improving. 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. Empower. 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. In Asia, power has always been the number one sector to invest in, not renewable energy. We may no longer need to build big cathedral type power facilities and expensive distribution systems. 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. Our experience, expertise, proven track record and strong relationships allow us to develop world-class energy assets on time, on budget and to the highest standard. She wasnt joking. You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. 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. 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. ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC.
David Russell - Equis Development Pte. Ltd. The strategy of remaining quiet has worked well, but its now time to engage. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. David Russell, Equis Group CEO, commented, "As Asia's 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 . 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. 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.
US$5 billion sale of Equis Energy prompts Craig Marsh's high - Domain But most importantly, if you want to be successful, youll have to work hard. But her kids thought he was a phoney. MELPOMENE: How do you envision the use of renewables in ten years time? 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. 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.
Equis Commissions Additional 5 MW of Solar Projects in Taiwan DAVID: Ive been forced to rethink of my priorities and came to the realisation that family is always number one to me. Its not all hindsight. MELPOMENE: Did your legal and finance background help you in this field?
David Eugene Russell Net Worth (2023) | wallmine He has delivered assets across the Asia-Pacific. You connect it to the building, charge it up, and take it home to generate electricity for your house.
David Russell is buying the real estate dream | The Australian But to get to a certain point you have to think forward and consider all the paths and possibilities. China Equities: Yesterdays Story or More Compelling Than Ever? DAVID: They are expected to chase and secure opportunities, and I review their decisions just to make sure that what we put in place for, say the Philippines, is consistent across our entire business. MELPOMENE: Whats one thing off the top of your head? DAVID: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. And yet, whatever the package contained, I was willing to put up with it," Khan and co-author Jessica Chapnik Kahn write. Now the four-car basement garage is expanding to fit six, while the basement will accommodate a theatre, rumpus room, wine cellar, arcade room, plus a "modelling/crafts" room. 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. His thesis and work explore the . Thomas has over 20 years experience working in a range of business development and energy trading roles. Chief Executive Officer @ Equis; Senior Managing Director @ Macquarie Group; Education.
Equis awarded Taiwan's largest solar project at 70MW - PV Tech People hear about all these guys making so much money and they fear that its because theyre doing something theyre not supposed to be doing. 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 is also . Another guest wore a blazer bearing an Order of Australia gong on their lapel. 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. DAVID: It was awesome! We have the saying: You eat what you kill.
David Russell - Chief Executive Officer & Pa.. - Equis | ZoomInfo Equis' team brings focus, experience, passion and conviction.
Equis to Develop 1,000 MW Solar Project in Queensland, Australia 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.. DAVID: I sound really old when I say this [laughs], but I feel there is a generational shift. 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. MELPOMENE: The project developers dont have the discretion to make decisions locally? 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. 2023 High Net Worth All rights reserved. David Russell. 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. While were driving for business success, we formally make a point to give back to the community. Hartford, Connecticut, United States. Kahn thought Anton was like Cary Grant. Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. We acknowledge that our school is on the Country of the people of the Kulin Nations. At one point, Pell who was dressed in what one observer described as "priestly regalia" gave a short speech and toast. 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. Find contact details for 700 million professionals. 2023 Tatler Asia Limited. When Skadden partners walk into a room they command that room, and its not because they are aggressive but because they are just so knowledgeable. Theres a lot of information coming at you and you need to have the ability to identify the issue thats embedded in that information. Thats My Happy Place!, Rediscovering Myself Through My Sons Special Needs, Dr Wealths Alvin Chow: I Turned My Passion Into a Mission, Meet Shin Lim, the Magician Who Wowed America, This New Clinic Wants You to Get Proactive About Preventive Care, Graphic Artist Malika Favre on Pioneering Her Own Pop and Op Art Style, The World of Cats According to Author-Illustrator Susie Yi, Influential Brands Survey Shows How Prominent Brands in Singapore Overcame Covid-19 Challenges, The Secret to Beijing Tong Ren Tangs 350-Year Longevity, Influential Brands Launches Two New Platforms for Business Leaders and Influencers, Why Raffles Hotel Singapore Is One of the Best Companies to Work for.