As Asia's largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the world's fastestgrowing renewable energy market My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. The Projects will involve a capital investment of approximately A$400 million. Credit:Jason South. That deal was a second innings for the spin bowler. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior . 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. She wasnt joking. MELPOMENE: Do you think that giving people ownership is the way to motivate them? DAVID: I am always trying to take on more responsibility or have more control over what Im doing. MELPOMENE: Is it important that the work you do creates value for society? 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 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. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. 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. Its human to fear what you dont understand. Copyright 2023 Brighton Grammar School. Search. 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. Congratulations to the Class of 2020, recording our best ever results. And thats very important because we now have 84 projects totaling close to 8 billion dollars. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. 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. He has also written two books. Liz has over 14 years' experience of statutory planning experience within the infrastructure and renewable energy sector in Australia. David Russell, Equis Chairman, said, "As AsiaPacific's largest renewable energy IPP, Equis is pleased to be playing an important role in Taiwan's transition to lowcost, clean energy. MELPOMENE: Why did you decide to strike out on your own? Additionally, he has held various senior roles with companies such as WePower, AbsoluteClimo, European Energy Exchange, ASX Energy and Deutsche Bank. 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. Equis Energy , AsiaPacific's largest renewable energy IPP, has been awarded a contract by Taiwan's Ministry of Economic Affairs' Bureau of Energy (BOE) to develop a 70.2 MW solar project in Chiayi County's Yizhu Township. Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. After building the Korean private equity business, I felt that it was time to do it myself rather than rely on an institutional brand. Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. 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. Where: Developed markets across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. 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, 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. The Tailem Bend Solar Project will be one of the lowest cost solar projects in Australia. DAVID: Even though Im the CEO, the decision-making is a collective process. DAVID: Theres an element of that. Monash University. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. DAVID: When we first set up Equis, foreign investors wanted to talk about China and India, and they werent focused on markets like Thailand and the Philippines. Bachelor of Laws (Hons)/ Bachelor of Economics (Hons) 1988 - 1993; Skills. They are part of C-Suite Department and their management level is C-Level. 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. 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. Entrepreneur, Private Equity Professional, Brighton Grammar School Fees and payments, Senior Managing Director, Head of Asian Private Equity and Head of Greater China, Macquarie, Founding partner of Equis Energy and Equis Funds Group. Find out more. Bryce Paterson is a legal professional with over 10 years of experience both internationally and domestically in Australia. In Equis, all the senior people feel like theyre involved in the decision-making process and in terms of remuneration, its a meritocracy here. See our. in Painting/ Art History from the University of Tulsa. 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. 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. Our locally based staff boast a strong understanding of rural and regional Australia. MELPOMENE: The project developers dont have the discretion to make decisions locally? 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. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 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. 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. In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, Twitter Revenue, Earnings Fell About 40% in December, WSJ Says, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, Bolsonaro Says Mission Isnt Over as US Conservatives Fete Him, Biden Closes In on Order to Restrict US Investment in China Tech, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61. You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. Youre always very careful when you speak to people and you disagree politely, rarely do people ever thump the table and storm out like they do in movies. Equis Funds Group CEO 2010 Equis Energy Director Equis Managing Director Education 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? Were working to restore it. We're sure the builders are observing strict social distancing protocols during stage four lockdown. 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. Another guest wore a blazer bearing an Order of Australia gong on their lapel. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. As for the finance background, well, youve got to know the numbers when it comes to running a business. 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. 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. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. 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. 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. CBD hears that her ABC redundancy payout was in the vicinity of $300,000. Co-Founder, Managing Director. The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. They used to work at Macquarie. MELPOMENE: What gave you the foresight to begin investing in renewable energy in 2011? We acknowledge that our school is on the Country of the people of the Kulin Nations. I think that helps people remain human in this business. Thomas has over 20 years experience working in a range of business development and energy trading roles. Apr 2022 - Present11 months. 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. Construction of the Tailem Bend Solar Project is expected to commence in early 2017. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. 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. 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. 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. So while I was growing and being mentored, I had that slight frustration. 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. "It was like the last supper," one onlooker said. 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. I had been thinking about it for a number of years and with all my experience, I assumed it would be relatively easy. 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 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. 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). Its not just gratuitous giving. David currently resides in Singapore and was on Singapore Tatlers list of Most Influential People in 2016 and 2018. The project will be Taiwan's largest solar project and was part of a twosite public tender.Equis won both tenders, and in accordance [] MELPOMENE: Skadden has a terrific reputation, how was it like working there? In Asia, power has always been the number one sector to invest in, not renewable energy. 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. Hartford, Connecticut, United States. As CEO, David has raised and invested seven infrastructure private equity funds comprising over US$5 billion of equity for some of Asia-Pacifics largest independent and institutional infrastructure funds. By submitting this form, I agree to these terms and conditions. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. 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.