Equis Commissioned over 400MW of Renewable Energy Projects 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. In Equis, all the senior people feel like theyre involved in the decision-making process and in terms of remuneration, its a meritocracy here. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. 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. Congratulations to the Class of 2020, recording our best ever results. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. Another guest wore a blazer bearing an Order of Australia gong on their lapel. Save 407.2 million litres of water each year (when compared with the water usage of coal fired power plants). Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". Search. We were also growing rapidly and did not want to give our competitors advance knowledge of what we were doing. He sold Equis Energy, which he founded in 2011, for (US) $5bn in 2017. 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.. DAVID: I am always trying to take on more responsibility or have more control over what Im doing. DAVID: Theres an element of that. David Russell email address & phone number | Equis Chief Executive David Russell - Equis DAVID: We have that in our business model by having compensation tied to the performance of the business through carried interest. MELPOMENE HUA: Why did you decide to be profiled after years of being under the radar? 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. On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. 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. David Charles Russell - Equis Pte. Ltd. - privatefunddata.com As for the finance background, well, youve got to know the numbers when it comes to running a business. MELPOMENE: Skadden has a terrific reputation, how was it like working there? 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. We felt that we deserved to be paid well because we were certainly working hard. 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 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. DAVID: Absolutely. 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. MELPOMENE: Has ownership changed your motivation towards work? Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. In the Netherlands, theyve started using solar panels on their bike paths, so in the future you might not need large scale solar panels. Called the Lady E, it's available to charter for a cool $767,840 a week. I also have a responsibility to the company in this respect, and were trying to be more socially orientated now. For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. Privacy Policy. 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. California Weighs $360,000 in Reparations to Eligible Black Residents. Its a matter of how theyll be utilised. Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. 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 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 had reason to celebrate. Interest is certainly high. Equis Wins Public Tender to Develop Taiwan's Largest Solar Project Were working to restore it. DAVID: Ive watched a couple and I always cringe [laughs]. DAVID: I sound really old when I say this [laughs], but I feel there is a generational shift. MELPOMENE: Do you find that theres a biased perception against the financial industry, particularly after the 2008 financial crisis? You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. 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. 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. 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. Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. Brighton Grammar old boy puts new $5.9m spin on Shane Warne's former pad. 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. We started to participate because we saw an opportunity to make good money and invest in a growing sector. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. 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. 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). The project will be Taiwan's largest solar project and was part of a twosite public tender.Equis won both tenders, and in accordance [] 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. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. Greater Newcastle Area. Conversations with David Russell | High Net Worth Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. 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. Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. People say that Asia is developing, but their frameworks are far more developed than those in Europe. Apr 2022 - Present11 months. The proceeds of the biggest renewable energy deal in history have helped Equispartner Craig Marshfund a $10 million-plus waterfront property spending spree. Prior to joining Equis, Liz held planning and permitting roles at Goldwind. MELPOMENE: Large corporations are almost inevitably hierarchical. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. This website uses cookies to improve your experience. 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. Others Named David Russell. DAVID: People dont understand the industry, its very complex and even I dont understand some parts of it. 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. But he also told me theres no law stating that you cant act unreasonably [laughs]. By submitting this form, I agree to these terms and conditions. ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. 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. "I understand now how people can love a person who does awful things. The other guests in the restaurant said they had to pinch themselves. MELPOMENE: Is it important that the work you do creates value for society? So guests at Sydneys Alfredo restaurant at Circular Quay did a double take when they walked into the harbourside institution and spotted the Cardinal on Wednesday evening. In addition, Equis has completed a further 33 utility scale renewable energy projects in Asia over the last 3 years or on average 1 project every 5 weeks. Construction of the Tailem Bend Solar Project is expected to commence in early 2017. 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. Bibendum arcu vitae elementum curabitur vitae nunc sed velit. One George Street, Singapore 049145 So by removing the glass ceiling, we dont lose our senior people as we grow. Consequat id porta nibh. 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 . MELPOMENE: How has it been different at Equis? 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. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? The Tailem Bend Solar Project will be one of the lowest cost solar projects in Australia. Save 397,400 tonnes of greenhouse gas emissions each year or the equivalent of removing 83,860 passenger vehicles from Australian roads. She wasnt joking. He covers the Asia Pacific region and is based in Singapore. DAVID: It was awesome! At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT 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. MELPOMENE: They went silent because you left Macquarie? 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. 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. 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 works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market.