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. 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. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. Save 407.2 million litres of water each year (when compared with the water usage of coal fired power plants). The Company was formed in 2019 through the restructure of the Equis business model from a funds management business to an infrastructure asset development company. DAVID: Ive watched a couple and I always cringe [laughs]. Some of these people want to take a shortcut instead of working hard and they may cut corners, which is unlawful. The combined power and large-scale generation certificates price of the Tailem Bend Solar Project is approximately 40% less than prevailing South Australian market prices, delivering significant savings to South Australian consumers. Instabilities in the region may give others pause, but we seek opportunities amidst them to keep growing. in Painting/ Art History from the University of Tulsa. Russell received his M.F.A. 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. But he also told me theres no law stating that you cant act unreasonably [laughs]. DAVID: I do. And thats very important because we now have 84 projects totaling close to 8 billion dollars. Where does the fallout from the Adani crisis take India now? 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: They worked hard. Another guest wore a blazer bearing an Order of Australia gong on their lapel. But to get to a certain point you have to think forward and consider all the paths and possibilities. He has delivered assets across the Asia-Pacific. He led Equis development of wind and hydro projects in India. They had reason to celebrate. Weve got more than enough to invest in that space, and storage is just going to multiply that demand for capital. That makes you focus harder, question harder and dig deeper until youre personally satisfied with solutions. David currently resides in Singapore and was on Singapore Tatlers list of Most Influential People in 2016 and 2018. A good thing, no doubt. 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. In 2010, David founded Equis Funds Group, Asia-Pacifics largest independent infrastructure private equity manager. 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. 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. MELPOMENE: Whats one thing off the top of your head? 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. We also bought businesses, made them better and sold them off. Like the Mosman house, Marshs purchase on the Noosa waterfront is also expected to be a rebuild, withDA plans for a rebuild already lodged with Noosa Council. 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. Founding partner and CEO, Equis Development, Equis CEO David Russell is a key player in the Asia Pacific regions renewable energy game. CRICOS Provider Code: 00132K. My partners and I put everything into this businessfinancially and personallyand if it were to fail, we would sink with the ship. 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. Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. Consequat id porta nibh. DAVID: People dont understand the industry, its very complex and even I dont understand some parts of it. Warne and former wife Simone Callahan made a $5m profit on the home after buying it in 2000 and selling it seven years later. If anything we are quite an introverted group, but we knew what we were talking about. Readers will recall Pell spent his first night of freedom upon his release in the Carmelite Monastery in Melbournes Kew, before being driven to the Seminary of the Good Shepherd in Sydney's Homebush. DAVID: I sound really old when I say this [laughs], but I feel there is a generational shift. Emma Alberici has landed a new gig, and, as promised, it's not on TV. He also has extensive investment and Mergers and Acquisitions experience in renewable energy across Asia. As for the finance background, well, youve got to know the numbers when it comes to running a business. The project will be Taiwan's largest solar project and was part of a twosite public tender.Equis won both tenders, and in accordance [] Ed is a PhD-qualified grid connection expert with over 25 years of experience in renewable energy generation, transmission and distribution. This is firstly because Ive observed that as people become more autocratic, their decision-making becomes skewed and over time, they start to make costly mistakes, and very quickly theyre gone. MELPOMENE: The project developers dont have the discretion to make decisions locally? MELPOMENE: Skadden has a terrific reputation, how was it like working there? Equis Development has announced investments into the South Korean waste and solar markets, and the Japanese biomass market. I dont think solar and wind per se will be obsolete, theyll always be utilised because theyre efficient and environment friendly. "It was like the last supper," one onlooker said. 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. MELPOMENE: Does the intermittency of solar and wind energy coupled with the lack of storage capabilities mean theres a limit to how much you can invest? And you find that project developers tend to be more risk seeking, so its better to have someone whos more risk averse to balance their decision-making. Do you worry about that? David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior . David Russell 1) Director, Clinical Research, Institute for Neurodegenerative Disorders; 2) Senior Medical Director, Invicro, LLC New Haven, CT Some $1.3 billion of that was assumed liabilities, but still, it was a landmark: $3.7 billion of equity, the vast majority of it in unrestricted cash. We are committed and responsive to the communities we serve. Prior to joining Equis, Andrew held senior roles at WorleyParsons and Toshiba. MELPOMENE: Why did you decide to target Asian markets? 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. David Russell VZIO stock SEC Form 4 insiders trading On Thursday, CBDs local operative spotted no fewer than seven utes, four vans and a truck surrounding the site. 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? 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. 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. I use a decision tree in that process and find that if you have the ability and willingness to think through the entire tree, you can map out where youre heading with a fair degree of certainty. He led Equis development of solar, wind, biomass and waste infrastructure projects in Japan before returning to Australia in 2021. 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. Supply the annual power needs of 63,165 homes. David Russell Bibendum arcu vitae elementum curabitur vitae nunc sed velit. The pieces, which covered the strategies big businesses used to trim their tax burden, ended up being rewritten and republished. Copyright 2023 Brighton Grammar School. In MinterEllison, you tend to work more with the general counsel but at Skadden, youre working directly with the CEO and CFOs. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. We are committed to using innovative, responsible and sustainable practices to help Australia reach a carbon free future. In the Philippines, for example, the government budgets ahead so that they can afford power they need. So while I was growing and being mentored, I had that slight frustration. 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. Andrew has over 18 years in Australian large-scale renewable energy and has previously held senior positions at ENGIE, Goldwind and WSP where he was responsible for the development, construction, and delivery of primarily large-scale wind and storage projects. Construction of the Tailem Bend Solar Project is expected to commence in early 2017. Prior to joining Equis, he worked as a commercial lawyer specialising in litigation and dispute resolution for 4 years. Monash University. Copyright 2023 Equis Development Pte. MELPOMENE: Steve Jobs said that you can only connect the dots looking backwardsis that true of your experiences? 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. Were working to restore it. Apparently Pell was flanked by a number of priests. The clearance of funds that day in January 2018 marked the conclusion of the biggest renewable energy sale ever completed. Athletes' ambitions don't end when they leave the field of play.