David Russell, Equis Managing Director, stated "Jara represents a pivot by Equis into more integrated renewable energy I use a decision tree in that process and find that if you have the ability and willingness to think through the entire tree, you can map out where youre heading with a fair degree of certainty. David Russell Regional Sales Manager NSW/ACT at Dialight APAC - World Leader In Hazardous and Industrial LED Lighting solutions . 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. Building firm Davies Henderson, architect Christopher Doyle, gardening designer Paul Bangay and interior architect Thomas Hamel dont come cheap. Do you worry about that? Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. Photo: Domain. 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. 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. 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. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". MELPOMENE: Was your background crucial to your success? MELPOMENE: Why did you decide to strike out on your own? So by removing the glass ceiling, we dont lose our senior people as we grow. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. 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. Its not just gratuitous giving. 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: If youre intelligent, adaptable, and willing to work hard, you can be very successful without a legal or finance background. Ltd. 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. We think in 5 years, it will revolutionise utility-scale power and in 10 years, it may completely revolutionise power. 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. Founding partner and CEO, Equis Development, Equis CEO David Russell is a key player in the Asia Pacific regions renewable energy game. David Russell is buying the real estate dream | The Australian Alberici starts on Monday. We care about delivering the best outcomes for our stakeholders and our collective experience allows us to develop high quality projects. ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. DAVID: Technology and mindsets are evolving rapidly. As for the finance background, well, youve got to know the numbers when it comes to running a business. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . 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. 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. If theres a physical tussle over the South China Sea, its not going to affect our facilities. Andrew has over 18 years in Australian large-scale renewable energy and has previously held senior positions at ENGIE, Goldwind and WSP where he was responsible for the development, construction, and delivery of primarily large-scale wind and storage projects. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. Copyright 2023 Equis Development Pte. Apr 2022 - Present11 months. 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. 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. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Interest is certainly high. Co-Founder, Managing Director. Bryce has deep experience in the Energy and Infrastructure sectors, having worked on multiple global transactions totalling over AUD$ 27bn. 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. In the Philippines, Equis commissioned a 30 MW solar project in Leyte and a 54 MW wind project in Rizal, as well as two solar projects in Japans Hiroshima and Hyogo prefectures with total generation capacity of 21.4 MW. See our. These people deserve to be caught and punished, but they are certainly not the norm in the industry. I think that helps people remain human in this business. 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. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. Youre right at the table with them as a trusted advisor. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. DAVID: Its definitely not who you know. David Russell - Head of Private Equity Asia and Greater China That deal was a second innings for the spin bowler. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. DAVID: They worked hard. The estimated Net Worth of David Eugene Russell is at least $45.3 Million dollars as of 11 November 2021. Vignesh has over 7 years experience in infrastructure investment and development across Asia. Search. 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. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. 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. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. California Weighs $360,000 in Reparations to Eligible Black Residents. I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. in Painting/ Art History from the University of Tulsa. Employ over 400 people during the construction phase. We started to participate because we saw an opportunity to make good money and invest in a growing sector. Copyright 2023 Brighton Grammar School. Outside of work, its important to be approachable and to talk to people, grab a beer with them, and let them know that I shouldnt be treated differently. Others Named David Russell. He is the current Head of Legal for Equis in Australia and is responsible for all legal matters internally and associated with projects. DAVID: As I became more senior in Macquarie, I thought that I was breaking through the politics and creating more autonomy for myself, when in fact I was just extending my network of relations within the organisation. He sold Equis Energy, which he founded in 2011, for (US) $5bn in 2017. Yes, Only if Its Forma. Bachelor of Laws (Hons)/ Bachelor of Economics (Hons) 1988 - 1993; Skills. Will Others Follow? 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]. 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 You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. MELPOMENE: Is what you know or who you know more important? 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. DAVID: Definitely. 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. 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. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. Hartford, Connecticut, United States. They are part of C-Suite Department and their management level is C-Level. David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. We acknowledge that our school is on the Country of the people of the Kulin Nations. 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. 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. MELPOMENE: How do you envision the use of renewables in ten years time? "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. Our purpose is to help current and future generations of Australians and we wont stop until we doso. David Russell earned his B.F.A. He has delivered assets in Europe, Middle East and Australia. Snowy Hydro has agreed to purchase 100% of the power produced from the Tailem Bend Solar Project for at least 22 years. 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. There are already storage systems that are very profitable, and one of them is pump storage. His work has included regulatory advice, project delivery advice, and transactional advice. 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. Liz has over 14 years' experience of statutory planning experience within the infrastructure and renewable energy sector in Australia. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. 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. 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. 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 Were working to restore it. He was far, far from perfect. MELPOMENE: How has it been different at Equis? Andrew has over 20 years' experience with energy infrastructure projects, specialising in thermal energy project development and construction. David Russell - Oakland, California, United States - LinkedIn MELPOMENE: Given that R&D in this sector is changing so quickly, are you concerned that your solar and wind facilities might become obsolete? Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. DAVID: Absolutely. Monash University. 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.
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