Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. Save 397,400 tonnes of greenhouse gas emissions each year or the equivalent of removing 83,860 passenger vehicles from Australian roads. Its interesting how that has come full circle. As the CEO and Chairman, David grew Equis Energy to become Asia-Pacifics largest renewable energy generator. 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. Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. Founding partner and chief executive David Russell has reportedly paid close to $20 million for the Melbourne 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 of IT entrepreneur Danny Wallis. Its not all hindsight. 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. Where: Developed markets across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. These people deserve to be caught and punished, but they are certainly not the norm in the industry. Athletes' ambitions don't end when they leave the field of play. Everything comes back to the numbers. in Public Practice from Otis College of Art and Design in 2011. 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. "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. He then completed his K-12 Art Education teacher licensure program at Metropolitan State College of Denver. 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. In the battery sector, the prices are falling but their performance is improving. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. We think in 5 years, it will revolutionise utility-scale power and in 10 years, it may completely revolutionise power. He led Equis development of wind and hydro projects in India. MELPOMENE: Why did you decide to target Asian markets? CBD hears that her ABC redundancy payout was in the vicinity of $300,000. 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. Find out more. Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. MELPOMENE: Are you worried that the South China Sea dispute will affect investor confidence in the region? 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. MELPOMENE: Skadden has a terrific reputation, how was it like working there? We're sure the builders are observing strict social distancing protocols during stage four lockdown. MELPOMENE: Do you think that giving people ownership is the way to motivate them? Vignesh has over 7 years experience in infrastructure investment and development across Asia. 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. 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. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. The strategy of remaining quiet has worked well, but its now time to engage. 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. 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. 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 Funds Group: Profile and Biography - Bloomberg Markets Sign In Subscribe Live Now Bloomberg TV+ Bloomberg Studio 1.0:Tony Xu, DoorDash CEO Bloomberg Radio The Big. 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. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Here in Singapore, we talk about how to implement their strategies as well as manage the risk consistently across the different geographies. 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. 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. 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. Brighton Grammar old boy puts new $5.9m spin on Shane Warne's former pad. 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. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. 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. 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? As for the finance background, well, youve got to know the numbers when it comes to running a business. In the Philippines, for example, the government budgets ahead so that they can afford power they need. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. 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. . Hartford, Connecticut, United States. Ronni Kahn, founder of the OzHarvest Charity, has a memoir coming out, titled A Repurposed Life. 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: The level at which you can supply renewable energy into the grid is actually quite highfor example, Germany is at around 50% now and theyre targeting 100%. He has also written two books. There are already storage systems that are very profitable, and one of them is pump storage. 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. We are committed and responsive to the communities we serve. Others Named David Russell. 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. 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. 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. So by removing the glass ceiling, we dont lose our senior people as we grow. 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. 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. He led Equis development of wind and solar projects in the Philippines. Snowy Hydro has agreed to purchase 100% of the power produced from the Tailem Bend Solar Project for at least 22 years. 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. DAVID: I do. Our purpose is to help current and future generations of Australians and we wont stop until we doso. Apr 2022 - Present11 months. 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. But her kids thought he was a phoney. Marshssplurgefollows the US$5 billion sale of renewable energy firm Equis Energy to US fund Global Infrastructure Partners in January, billed in financial media as the largestrenewable energy generation acquisition in history. Damian has 23 years of infrastructure investment experience, with over 17 years experience in Asia Pacific, and has completed over AUD$ 27 billion of transactions across various sectors including renewable and conventional energy, telecommunications, waste, greenfield development, PPPs, and transportation. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior . At one point, Pell who was dressed in what one observer described as "priestly regalia" gave a short speech and toast. Business isnt as aggressive as its been dramatised to be. Russell received his M.F.A. We acknowledge that our school is on the Country of the people of the Kulin Nations. Will His AI Plans Be Any Different? Will Others Follow? David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. Find contact details for 700 million professionals. After building the Korean private equity business, I felt that it was time to do it myself rather than rely on an institutional brand. My mentor at that time made a habit of calling me for work even at 1 a.m. And they have a 24-hour turn over, so no matter how late your client meeting ends, you have to finish your work by the next day. 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. Brighton Grammar is a leading private boys school in Melbourne, understanding boys from ELC to VCE. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. All rights reserved. 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. Some of these people want to take a shortcut instead of working hard and they may cut corners, which is unlawful. Ltd. 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 . Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. MELPOMENE: Have you ever been forced to rethink your life? The newspapers report big losses and movies like Too Big to Fail contribute to that negative impression. 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.. Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. The pieces, which covered the strategies big businesses used to trim their tax burden, ended up being rewritten and republished. DAVID: Even though Im the CEO, the decision-making is a collective process. But there are a number of governments that came up with programmes to encourage investments in renewable energy. A good thing, no doubt. Not the David Russell you were looking for? DAVID: Thats the million-dollar question. 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. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. I oversee, define, evolve, train, and advocate for enterprise standards and best practices related to Lean / Agile . MELPOMENE: Whats one thing off the top of your head? 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. These governments need to grow and theyre putting in place very stable regulatory regimes. US Jobs Report and Powell Testimony Take Center Stage: Eco Week, Bond Mavens Favor Curve Wagers for Next Encounter With Jobs Data, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate. Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. 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. DAVID K. RUSSELL. 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.. Additionally, he has held various senior roles with companies such as WePower, AbsoluteClimo, European Energy Exchange, ASX Energy and Deutsche Bank. 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. His work has included regulatory advice, project delivery advice, and transactional advice. 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 Helping Scaling SaaS and Renewables companies find the best talent Ireland. Supply the annual power needs of 63,165 homes. We may no longer need to build big cathedral type power facilities and expensive distribution systems. People say that Asia is developing, but their frameworks are far more developed than those in Europe. But even if we were to assume no change in battery technology, over the next 4 or 5 years, we need another $1.1 trillion just for the renewable energy space in Asia. 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. We acknowledge that our school is on the Country of the people of the Kulin Nations. We were also growing rapidly and did not want to give our competitors advance knowledge of what we were doing.