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. Ed has managed $13b of electricity regulated and commercial assets as GM for AusNets Transmission and Distribution networks. 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. Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. All rights reserved. All rights reserved. In Equis, all the senior people feel like theyre involved in the decision-making process and in terms of remuneration, its a meritocracy here. 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? DAVID: Technology and mindsets are evolving rapidly. As Asia's largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the world's fastestgrowing renewable energy market One George Street, Singapore 049145 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. Search. 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. DAVID: Its all relative. Were a lot happier not only making money but also making a difference. Once I became nobody, a lot of those people actually went silenta number of them obviously felt that while our relationship was important, it was based on our work together. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. We definitely know a lot of people, but this business was not built on that. "I understand now how people can love a person who does awful things. So while I was growing and being mentored, I had that slight frustration. MELPOMENE: Have you ever been forced to rethink your life? DAVID: The plant operations, business development and growth are in other Asian countries such as the Philippines, Japan and India. His work has included regulatory advice, project delivery advice, and transactional advice. He is the current Head of Legal for Equis in Australia and is responsible for all legal matters internally and associated with projects. Credit:Jason South. 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. Ltd. EY Entrepreneur of the Year (Ernst & Young Singapore), Senior Alumni Award (National University of Singapore School of Business). 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. 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. DAVID: I do, and sometimes you cant avoid people feeling intimidated but you have to continually try to break that barrier down. 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. "Australia represents one of the most exciting solar power generation markets globally and Equis expects to build over $1 billion of new projects over the next 24-36 months," director David Russell said in the press release. MELPOMENE: Did your legal and finance background help you in this field? Were working to restore it. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. In India, Equis commissioned four wind projects in Andhra Pradesh, Madhya Pradesh and Gujarat with generation capacity of 206 MW, and a hydro project in Sikkim added another 96 MW of generation capacity. When I left my previous employer, I didnt realize how risky it actually was. CRICOS Provider Code: 00132K. Supply the annual power needs of 63,165 homes. Alberici starts on Monday. 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. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. Ltd. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. We are committed and responsive to the communities we serve. 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. 2023 High Net Worth All rights reserved. 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. Empower. She wasnt joking. We think in 5 years, it will revolutionise utility-scale power and in 10 years, it may completely revolutionise power. Marsh, a former Macquarie Group executive who joinedEquisin2014, isnt the only partner at the renewablesfundwho has splashed on his real estate dreams in recent months. Privacy Policy. DAVID: Thats the million-dollar question. MELPOMENE: How do you envision the use of renewables in ten years time? Hartford, Connecticut, United States. Prior to joining Equis, Liz held planning and permitting roles at Goldwind. 1 George Street #23-03 One George Street, Singapore 049145 Tel: +65 6220 0040 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. 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. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. Over 22 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Director & Board Member of Denham Capital Asia Pacific. 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. We offer a range of scholarships to give as many boys as possible the chance of a BGS education. Celebrity food writer Melissa Leong and chef Kylie Kwong are relegated to the inside cover, alongside Jimmy Barnes. Some of these people want to take a shortcut instead of working hard and they may cut corners, which is unlawful. Thomas has over 20 years experience working in a range of business development and energy trading roles. Co-Founder, Managing Director. . But what were we adding back to society? 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. DAVID: My legal background helped me because it gave me discipline and an eye for detail. Craig Marsh settled upon a black McLaren with carbon-fibre trims. 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. US$5 billion sale of Equis Energy prompts Craig Marsh's high end real estate splurge, The Rosenthal family owned this three-bedroom house at Clifton Gardens since the 1940s. 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. Vignesh has over 7 years experience in infrastructure investment and development across Asia. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. Another guest wore a blazer bearing an Order of Australia gong on their lapel. 2023 Tatler Asia Limited. Its not just gratuitous givingwe want to actually improve peoples lives, because we build our plants in a lot of rural areas. Construction of the Collinsville North Solar Project is expected to commence in 2017. David currently resides in Singapore and was on Singapore Tatlers list of Most Influential People in 2016 and 2018. David is a Managing Director of Equis and has 28 years of infrastructure and private equity experience. Brighton Grammar old boy David Russell, the billionaire founder of the Singapore-based Equis private equity group, along with wife Elena, bought the mansion for about $20 million in an off-market deal in 2018. Monash University. As the former CEO and Chairman of Equis Energy, David raised and invested over AUD$ 7.9 billion of equity in independent and institutional infrastructure funds across Asia-Pacific. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. David Russell, Equis Managing Director, stated "Jara represents a pivot by Equis into more integrated renewable energy 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. Were sorry, this feature is currently unavailable. Its not all hindsight. Additionally, he has held various senior roles with companies such as WePower, AbsoluteClimo, European Energy Exchange, ASX Energy and Deutsche Bank. Save 407.2 million litres of water each year (when compared with the water usage of coal fired power plants). 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. In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. I was hoping that it would be a motivator for everyone, but thats me sitting here thinking about it as a 40-year-old. MELPOMENE: They went silent because you left Macquarie? Our purpose is to help current and future generations of Australians and we wont stop until we doso. We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. You see people in boardrooms using some of the terms that we do use in the industry, but the portrayal is largely inaccurate. 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. DAVID: They worked hard. They had reason to celebrate. Founder and leader David Russell got a yellow Lamborghini; his brother Tim, a personalized orange Porsche. Vincenzo has over 15 years experience with renewable energy infrastructure projects, specialized in solar and BESS project development and construction. 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 $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? David Russell, Equis Funds Group: Profile and Biography - Bloomberg Markets Sign In Subscribe Live Now Bloomberg TV+ Bloomberg Studio 1.0:Tony Xu, DoorDash CEO Bloomberg Radio The Big. Liz has over 14 years' experience of statutory planning experience within the infrastructure and renewable energy sector in Australia. He has held senior roles in energy infrastructure asset owners, developers, and consultancy firms engaged with renewable energy across wind, solar and storage in Australia, Europe, Central America and SE Asia. At Equis, our team is driven by the opportunity to sustainably transform Australias energy landscape together and leave a positive legacy for future generations. As Asias largest independent renewable energy IPP, Equis is wellplaced to continue our rapid growth in the worlds fastestgrowing renewable energy market., Daniel LeeGroup Head, Corporate CommunicationsDaniel.lee@venaenergy.com, Juwon ChaeGroup Head, Sustainability and Investor RelationsIR@venaenergy.com. Damian has 23 years of infrastructure investment experience, with over 17 years experience in Asia Pacific, and has completed over AUD$ 27 billion of transactions across various sectors including renewable and conventional energy, telecommunications, waste, greenfield development, PPPs, and transportation. When I started out of university, my peer group worked really hard and they were more dedicated. 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. Over there, our local guys are empowered to identify and drive growth from bottom up. In the spirit of reconciliation Equis acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. When we set up Equis, we told ourselves that were actually building stuff for once, everything weve doneweve actually built ourselves and without us, it will all just be flat land. There are already storage systems that are very profitable, and one of them is pump storage. These days, Equis Development is setting its sights on consolidating its position in Asias renewable energy and biomass power generation markets, having developed more than 200 renewable energy and waste infrastructure projects across the region. Equis' team brings focus, experience, passion and conviction. He has delivered assets across the Asia-Pacific. Equis Energy had a clear strategy of developing and constructing renewable energy generation assets in Asian rural areas, and David mandated that each investment support the health, education and infrastructure of the communities in which each asset was located, changing the lives of thousands of vulnerable parents and children. We acknowledge that our school is on the Country of the people of the Kulin Nations.