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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. We're sure the builders are observing strict social distancing protocols during stage four lockdown. In the spirit of reconciliation Equis acknowledges the Traditional Custodians of Country throughout Australia and their connections to land, sea and community. Ed has managed $13b of electricity regulated and commercial assets as GM for AusNets Transmission and Distribution networks. DAVID: Ive watched a couple and I always cringe [laughs]. And yet, whatever the package contained, I was willing to put up with it," Khan and co-author Jessica Chapnik Kahn write. Representatives for the Catholic Church and Pell did not return calls and emails on Thursday. We built this business in Asia from the ground up and none of our major investors were brought over from Macquarie. 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. That is unheard of in other places but that was the Skadden mindsetthey were tough and uncompromising. MELPOMENE: Do you think that giving people ownership is the way to motivate them? 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. The former ABC chief economics editor is writing a book for Hardie Grant, Rewrite the Story. 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. 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. in Painting/ Art History from the University of Tulsa. DAVID: Technology and mindsets are evolving rapidly. You connect it to the building, charge it up, and take it home to generate electricity for your house. 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. He was far, far from perfect. 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. 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]. 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. HSBC Orion tokenizes commercial bank money and sterling bonds, PrivEx brings syndicated loan-trading platform to Europe. MELPOMENE: The project developers dont have the discretion to make decisions locally? 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. As the CEO and Chairman, David grew Equis Energy to become Asia-Pacifics largest renewable energy generator. 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. Employ over 400 people during the construction phase. Head of Acquisitions, Macquarie Korea Infrastructure Fund (KOSPI), Bachelor of Commerce, LL.B, Canterbury University, NZ, Over 28 years of Asia-Pacific private equity and infrastructure advisory and investment experience, Former Macquarie Senior Managing Director & Head of Infrastructure Advisory for Korea and North Asia, Bachelor of Arts (Hons), Major in Business Economics, UC Santa Barbara, MBA, Sloan School of Business, MIT, 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, Former Macquarie Senior Managing Director & Head of Greater China & Asian Private Equity, Utilities lawyer, Skadden Arps (Washington DC) & Minter Ellison (Melbourne), Bachelor of Economics (Hons), LL.B (Hons), Monash University, Over 25 years of infrastructure investment experience, with 19 years in Australia, Bachelor of Commerce (Hons), Bachelor of Laws (LLB), Deakin University, Advanced Management Program, Harvard Business School, Over 17 years of Asian private equity and infrastructure investment experience, Former Macquarie Vice President & Head of Acquisitions MENA (Abu Dhabi), MKIF investment team (Korea), Bachelor of Economics, Seoul National University, 1 George Street #23-03 The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. 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. 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.. Asia-Pacific-focused renewables designer Equis Development Pte Ltd has actually taken control of an AUD-1.9-billion (USD 1.28 bn/EUR 1.23 bn) battery energy storage space project near Melbourne, Victoria, and is now relaunching it with a new name as well as increased capacity. At work, I am direct with people and I encourage them to be the same with me. In Equis, all the senior people feel like theyre involved in the decision-making process and in terms of remuneration, its a meritocracy here. These people deserve to be caught and punished, but they are certainly not the norm in the industry. David Russell Helping Scaling SaaS and Renewables companies find the best talent Ireland. An army of builders is carrying out a $5.9 million upgrade at the heritage property, famously owned (not once, but twice) by former Test cricketer Shane Warne. Mahesh has over 14 years experience in infrastructure and real estate funds management across Asia. Over there, our local guys are empowered to identify and drive growth from bottom up. "He was sitting in the middle of a long dinner table, and there was no one sitting opposite. Bibendum arcu vitae elementum curabitur vitae nunc sed velit. 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. But obviously within large institutions like Macquarie, there are limits to how much an individual can influence the direction of the business. 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. 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. 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: Steve Jobs said that you can only connect the dots looking backwardsis that true of your experiences? Supply the annual power needs of 63,165 homes. Abigail Koch, Compare the Market general manager public relations, said they had been "smashed" by media requests. David Russell attended Brighton Grammar from 1982 to 1987, and was the Captain of Rugby in his final year. 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 . 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. Theres a whole bunch of things on there that I really dont want to do [laughs]. 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 also bought businesses, made them better and sold them off. Tell-all memoir: Ronni KahnCredit:Illustration: John Shakespeare. You can only aspire to be like them. MELPOMENE: Hasnt that kind of short-term focus change with the increasing number of young people becoming entrepreneurs? Weve surprised the market with our growth, which now outstrips our previous employer, and you start to see a lot of these old relationships coming back. 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. 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. being driven to the Seminary of the Good Shepherd. Not the David Russell you were looking for? 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. 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. Copyright 2023 Equis Development Pte. 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? One George Street, Singapore 049145 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. 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. Out of jail: Cardinal George Pell on April 7, when he was released from Barwon Prison. Find out more. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today. That also affects performance and I think its partly why some investors prefer independent managers because the alignment of interest is stronger. Greater Newcastle Area. Others Named David Russell. Its a matter of how theyll be utilised. MELPOMENE: Was your background crucial to your success? We felt that we deserved to be paid well because we were certainly working hard. DAVID: Years ago, we were just moving paper around. 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. In 1998, David joined Macquarie Group, where he spent 12 years. Equis is actively pursuing infrastructure development and investment across the Asia-Pacific region, with a primary focus on Australia, Japan, and South Korea. Emma Alberici has landed a new gig, and, as promised, it's not on TV. David.Russell@sbs.ox.ac.uk Sad Business School University of Oxford Park End Street Oxford OX1 1HP Profile David Russell has joined Sad Business School as an Executive in Residence, after having led the Education and Training Foundation (ETF) in England as CEO for 8 years and having previously served the UK government for 16. MELPOMENE HUA: Why did you decide to be profiled after years of being under the radar?