david russell, equis david russell, equis

", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. 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. 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. Youre right at the table with them as a trusted advisor. 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. 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. I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. MELPOMENE: Do you ever watch popular films that depict the financial industry? His work has included regulatory advice, project delivery advice, and transactional advice. But to get to a certain point you have to think forward and consider all the paths and possibilities. David Russell VZIO stock SEC Form 4 insiders trading 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. 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. He covers the Asia Pacific region and is based in Singapore. Congratulations to the Class of 2020, recording our best ever results. We were also growing rapidly and did not want to give our competitors advance knowledge of what we were doing. Yes, Only if Its Forma. Did you feel restricted by that? Its human to fear what you dont understand. David Russell 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 Co-Founder, Managing Director. All rights reserved. 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 . Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. 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. We also bought businesses, made them better and sold them off. You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. Prior to joining Equis, he was the Head of Trading and Wholesale Markets at Goldwind Australia. 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. Daniel LeeGroup Head, Corporate CommunicationsDaniel.lee@venaenergy.com, Juwon ChaeGroup Head, Sustainability and Investor RelationsIR@venaenergy.com. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. 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. 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. But he also told me theres no law stating that you cant act unreasonably [laughs]. The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. 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. 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. 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. Were a lot happier not only making money but also making a difference. Privacy Policy. In the spirit of reconciliation Equis acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. He was far, far from perfect. 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 $14.25m, 18 months before selling it to the Russells. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. There are already storage systems that are very profitable, and one of them is pump storage. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. Damian has 23 years of infrastructure investment experience, with over 17 years experience in Asia Pacific, and has completed over AUD$ 27 billion of transactions across various sectors including renewable and conventional energy, telecommunications, waste, greenfield development, PPPs, and transportation. David Russell, Equis 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. 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You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. 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. Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. 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. 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. Senectus et netus et malesuada fames ac turpis egestas sed. Alberici starts on Monday. These governments need to grow and theyre putting in place very stable regulatory regimes. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. And while the neighbours wont notice much of a difference from the historic frontage, it is clear where the vast outlay is going. 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. Apparently Pell was flanked by a number of priests. DAVID RUSSELL: When we started the business, we decided to keep a low profile because we wanted our relationships with governments to stabilise. 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. Hartford, Connecticut, United States. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT 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. 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. MELPOMENE: Is what you know or who you know more important? Copyright 2023 Brighton Grammar School. 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 $5 billion. MELPOMENE: Whats one thing off the top of your head? 2023 High Net Worth All rights reserved. Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. David Russell, Equis Group CEO, commented, "As Asia's largest renewable energy developer and investor, the Tailem Bend Solar Project represents an exciting expansion into Australia for Equis and an unique opportunity to leverage our development and construction expertise to deliver low cost, large scale, reliable renewable energy for . He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. Theres a whole bunch of things on there that I really dont want to do [laughs]. Will Others Follow? She tells CBD she will be based in Sydney, rather than the comparison sites Brisbane headquarters. Its not all hindsight. One George Street, Singapore 049145 MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? See our. 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As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. 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. MELPOMENE: Did your legal and finance background help you in this field? But most importantly, if you want to be successful, youll have to work hard. 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. 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. Do you worry about that? Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. Musk Made a Mess at Twitter. 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. 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.. We felt that we deserved to be paid well because we were certainly working hard. 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. 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. He has delivered assets across the Asia-Pacific. MELPOMENE: Given that R&D in this sector is changing so quickly, are you concerned that your solar and wind facilities might become obsolete? 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. This website uses cookies to improve your experience. 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. 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. Business isnt as aggressive as its been dramatised to be. MELPOMENE: Skadden has a terrific reputation, how was it like working there? Once I became nobody, a lot of those people actually went silent. 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. They are part of C-Suite Department and their management level is C-Level. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". MELPOMENE: Warren Buffet said that a big problem in the boardroom is that nobody wants to criticise the CEO. Its not just gratuitous giving. There is no substitute for hard work. DAVID: It was awesome! The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. While were driving for business success, we formally make a point to give back to the community. DAVID: Theres an element of that. MELPOMENE: Do you think that giving people ownership is the way to motivate them? 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. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . DAVID: If youre intelligent, adaptable, and willing to work hard, you can be very successful without a legal or finance background. Save 407.2 million litres of water each year (when compared with the water usage of coal fired power plants). 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. 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. DAVID: Its all relative. Its interesting how that has come full circle. Find contact details for 700 million professionals. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. DAVID: Even though Im the CEO, the decision-making is a collective process. 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. The strategy of remaining quiet has worked well, but its now time to engage. DAVID: I do. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. 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. At one point, Pell who was dressed in what one observer described as "priestly regalia" gave a short speech and toast. David Russell Regional Sales Manager NSW/ACT at Dialight APAC - World Leader In Hazardous and Industrial LED Lighting solutions . Please try again later. 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. 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. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. 2023 Tatler Asia Limited. In the battery sector, the prices are falling but their performance is improving. 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. At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. But her kids thought he was a phoney. 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. Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. 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. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. Craig Marsh settled upon a black McLaren with carbon-fibre trims. And guess who was right? Alberici vowed she would never front a TV show again after exiting the ABC. 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He also has extensive investment and Mergers and Acquisitions experience in renewable energy across Asia. David is also . DAVID: Technology and mindsets are evolving rapidly. 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. Its important to humble yourself. Will His AI Plans Be Any Different? We have the saying: You eat what you kill. Copyright 2023 Equis Development Pte. We're sure the builders are observing strict social distancing protocols during stage four lockdown. 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. Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. Empower. I dont think solar and wind per se will be obsolete, theyll always be utilised because theyre efficient and environment friendly. While were driving for business success, we formally make a point to give back to the community. Shane Warne sold the Brighton mansion for about $20m in 2018. 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. MELPOMENE: Why did you decide to target Asian markets? He led Equis development of wind and solar projects in the Philippines. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. 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. MELPOMENE: How do you envision the use of renewables in ten years time? People start thinking that these are the bad guys, but based on my experience, its not the case. MELPOMENE HUA: Why did you decide to be profiled after years of being under the radar? 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. MELPOMENE: Was your background crucial to your success? He is the current Head of Legal for Equis in Australia and is responsible for all legal matters internally and associated with projects. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. In 1998, David joined Macquarie Group, where he spent 12 years. See reunion dates, update your details and give to BGS. 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). Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. You can only aspire to be like them. Those inside the restaurant overheard the dinner was held to mark his release from jail. 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. In 2011, David established Equis Energy. MELPOMENE: Why did you decide to strike out on your own? 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. "It was like the last supper," one onlooker said. MELPOMENE: Steve Jobs said that you can only connect the dots looking backwardsis that true of your experiences? 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.