Toojays' Banana Dream Cake Recipe, Adam Savage House Address, Gainwell Technologies Careers, Scabiosa Scoop Series, Is Marie From Everybody Loves Raymond Still Alive, Articles D

Were working to restore it. David Russell Regional Sales Manager NSW/ACT at Dialight APAC - World Leader In Hazardous and Industrial LED Lighting solutions . 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 Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. The esteem that the businesswoman turned social entrepreneur is held in is revealed by the calibre of the blurbs on the cover: ABC journalist Annabel Crabb gets star billing above former governor-general Quentin Bryce, while Crabbs boss, ABC chair Ita Buttrose, has to make do with the back page. We think that the biggest renewable energy market is solar and we have to keep ahead of that technology curve. DAVID: Even though Im the CEO, the decision-making is a collective process. When I left my previous employer, I didnt realize how risky it actually was. 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]. 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. DAVID: Ive been forced to rethink of my priorities and came to the realisation that family is always number one to me. Save 407.2 million litres of water each year (when compared with the water usage of coal fired power plants). She tells CBD she will be based in Sydney, rather than the comparison sites Brisbane headquarters. DAVID: Its all relative. DAVID: Ive watched a couple and I always cringe [laughs]. CBD hears that her ABC redundancy payout was in the vicinity of $300,000. 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. Thomas has over 20 years experience working in a range of business development and energy trading roles. The project will be Taiwan's largest solar project and was part of a twosite public tender.Equis won both tenders, and in accordance [] The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. But maybe thats a good thing, you see all these people whose primary focus has been work all their lives and sometimes when a death happens in the family, all of a sudden they stop and go: What am I doing? Interest is certainly high. David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT David Russell works as a Chief Executive Officer & Partner at Equis, which is a Finance company with an estimated 83 employees. Founding partner and CEO, Equis Development, Equis CEO David Russell is a key player in the Asia Pacific regions renewable energy game. Yes, Only if Its Forma. Did you feel restricted by that? Supply the annual power needs of 63,165 homes. CRICOS Provider Code: 00132K. Greater Newcastle Area. That makes you focus harder, question harder and dig deeper until youre personally satisfied with solutions. And yet, whatever the package contained, I was willing to put up with it," Khan and co-author Jessica Chapnik Kahn write. 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.. As CEO, David has raised and invested seven infrastructure private equity funds comprising over US$5 billion of equity for some of Asia-Pacifics largest independent and institutional infrastructure funds. DAVID: Thats the million-dollar question. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. 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. Marsh was revealed as the buyer of a knock-down-rebuild in Mosman for $6.88 million, as well as a waterfront in Noosa Heads for about $4 million, also slated for redevelopment. You cant teach smarts, you either have a certain level of capability or you dont, and you have to be adaptable in this business. MELPOMENE: Was your background crucial to your success? 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. Its human to fear what you dont understand. Search. 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: Do you find that theres a biased perception against the financial industry, particularly after the 2008 financial crisis? 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. Where: Developed markets across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. in Public Practice from Otis College of Art and Design in 2011. 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. Musk Made a Mess at Twitter. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. in Painting/ Art History from the University of Tulsa. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. The leafy streets of Brighton are mostly quiet, except at one of the suburbs most famous residences, Melville, the six-bedroom, six-bathroom single-level Middle Crescent mansion. Theres a whole bunch of things on there that I really dont want to do [laughs]. We started to participate because we saw an opportunity to make good money and invest in a growing sector. 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. Where does the fallout from the Adani crisis take India now? Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. MELPOMENE: You were well-connected and had the expertise, but was it still a risky move? 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. 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. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. There is no substitute for hard work. The strategy of remaining quiet has worked well, but its now time to engage. The end point comes when Anton is in hospital overnight and another woman turns up by his bedside "with eyes only for Anton". DAVID K. RUSSELL. MELPOMENE: Did your legal and finance background help you in this field? 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. MELPOMENE: They went silent because you left Macquarie? 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. 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. 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? MELPOMENE: Steve Jobs said that you can only connect the dots looking backwardsis that true of your experiences? He also has extensive investment and Mergers and Acquisitions experience in renewable energy across Asia. See reunion dates, update your details and give to BGS. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. Another guest wore a blazer bearing an Order of Australia gong on their lapel. Equis' team brings focus, experience, passion and conviction. When the money cleared, the partners of Equis went shopping to celebrate. Ltd. In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. By submitting this form, I agree to these terms and conditions. Were sorry, this feature is currently unavailable. 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. 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 "It was like the last supper," one onlooker said. Russell, who attended Brighton Grammar and Monash University, will be back on board this weekend to host his James Bond themed birthday party. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. 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. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. They had reason to celebrate. Equis Funds Group CEO 2010 Equis Energy Director Equis Managing Director Education Tell-all memoir: Ronni KahnCredit:Illustration: John Shakespeare. ", Emma Alberici has landed a new gig, and, as promised, it's not on TV.Credit:ABC. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. 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 was far, far from perfect. Prior to joining Equis, he worked as a commercial lawyer specialising in litigation and dispute resolution for 4 years. Construction of the Collinsville North Solar Project is expected to commence in 2017. Athletes' ambitions don't end when they leave the field of play. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. Our purpose is to help current and future generations of Australians and we wont stop until we doso. MELPOMENE: Hasnt that kind of short-term focus change with the increasing number of young people becoming entrepreneurs? Celebrity food writer Melissa Leong and chef Kylie Kwong are relegated to the inside cover, alongside Jimmy Barnes. Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. His thesis and work explore the . 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. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. In 2011, David established Equis Energy. 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. For the guys underneath me, there were only so many senior positions available and it created frustration for those competing for it. 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. In the battery sector, the prices are falling but their performance is improving. DAVID: It was awesome! "Athlete | Empire" presents the in-depth, intimate stories of these businesses, as told by the players themselves. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. I think that helps people remain human in this business. Tel: +65 6220 0040, Legal Notice & Terms of Use But most importantly, if you want to be successful, youll have to work hard. Consequat id porta nibh. Roby has over 10 years experience of renewable energy transactions across Asia, completing over AUD$ 675m in deals. 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. 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. Equis has signed a Power Purchase Agreement (PPA) with Snowy Hydro Limited (Snowy Hydro) for a 100MWAC solar project located near Tailem Bend, South Australia (Tailem Bend Solar Project), which will be constructed alongside a Snowy Hydro owned 28.8MWAC diesel-fired power station. You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. DAVID: The plant operations, business development and growth are in other Asian countries such as the Philippines, Japan and India.