Experience

Lumea

• Australia
• Utilities
• 1 - 100 Employee

• Chief Executive Officer

  • Feb 2017 - Present

  Richard has more than 30 years’ experience in in the infrastructure sector in Australia and internationally with senior management and executive and non-executive director roles across listed and unlisted markets.Lumea is at the forefront of the transition to a decarbonised energy system. It operates commercial services and market facing businesses including new connections and network expansion, embedded networks and energy services and telecommunications, commercial property and commercialising new technology initiatives to generate annuity style revenue streams. Lumea is Australia’s largest provider of renewable energy connection infrastructure and telecommunications services in Australia, with a portfolio of over 13,000 MW - enough to power to 5 million households.



Macquarie Group

• Australia
• Financial Services
• 700 & Above Employee

• Managing Director

  • May 2014 - Feb 2017

  Responsible for origination, asset management, fund operations and reporting, investor relations and EHS and risk management activities for Macquarie's infrastructure funds management business in India. Achieved rapid growth in FUM - more than doubled FUM to invested across a diversified portfolio with an EV of over USD10 billion including 14 tollroads, Delhi and Hyderabad airports, 2,500MW of thermal and renewable energy assets and ATC India’s 75,000 sites telecommunications infrastructure. Entered new investment sectors and developed sustainable and scalable operating platform resulting in significant further growth. Achieved first exits with above target returns and >4x ROIC.



Asian Development Bank (ADB)

• Philippines
• International Trade and Development
• 700 & Above Employee

• Principal

  • 2012 - Jun 2014

  Senior strategic and financial adviser to leading infrastructure owners and investors on acquisitions and corporate and asset financings exceeding $3 bn in the energy, airports and ports sectors; senior adviser to Asian Development Bank (based in Manila from July 2013) with responsibility for infrastructure advisory activities in South Asia including thermal and renewable energy, gas transmission and LNG facilities and transportation; Non Executive Director of Tasmanian Ports Corporation. Senior strategic and financial adviser to leading infrastructure owners and investors on acquisitions and corporate and asset financings exceeding $3 bn in the energy, airports and ports sectors; senior adviser to Asian Development Bank (based in Manila from July 2013) with responsibility for infrastructure advisory activities in South Asia including thermal and renewable energy, gas transmission and LNG facilities and transportation; Non Executive Director of Tasmanian Ports Corporation.



PwC

• Professional Services
• 700 & Above Employee

• Managing Director - Project & Infrastructure Advisory

  • 2009 - Jun 2012

  Lead adviser to Government on signature privatisations and PPP transactions valued at over $10bn in the ports, rail and roads sectors; advised on the first PPPs under new programmes in New Zealand, Western Australia and Northern Territory; led the development of PwC’s bid side advisory practice advising Australia’s largest public sector pension and sovereign wealth funds on acquisitions in the ports and energy sectors and pension fund mergers; Member of PwC’s Asian Infrastructure Committee; and lead adviser on utilities and infrastructure development and financing for major commodities and oil and gas developments.



Macquarie Group

• Australia
• Financial Services
• 700 & Above Employee

• Division Director

  • 2007 - 2009

  Senior member of the CEO’s office with oversight of management of Macquarie’s global infrastructure funds business encompassing a diversified portfolio with invested equity of over $50 bn. Development and implementation of Macquarie’s global asset management and reporting framework across over 100 assets with an EV of $120 bn. Additional responsibility for Macquarie’s platform in Asia and the Middle East including acquisitions, strategic initiatives and fund expansion and investee director and investment committee roles



Pearce Partners

• Principal

  • 2001 - 2006

  Independent financial adviser to State and Federal Government clients and private sector investors, pension funds and infrastructure investment managers acquisitions, financing and asset management and PPPs valued at over $8bn. Roles included consortium formation and bid side advisory on specific projects; ongoing asset management, including CFO of ASX200 renewable energy developer Babcock & Brown Wind Partners (now, Infigen Energy), infrastructure fund and development of infrastructure fund vehicles in both listed and unlisted markets. Advised on and structured project financing for large scale commercial and residential developments, mergers and acquisitions and IPOs valued at more than $5bn.



NM Rothschild & Hambros Corporate Finance

• Director / Associate Director

  • 1996 - 2002

  Adviser to Government and private sector bidders for signature transactions including the Victorian Power Privatisation (transmission and distribution); Sydney Olympic Stadium; NSW Locomotive and Rolling Stock financing; Goldfields Gas Pipeline; Latrobe Regional Hospital; Hobart International Airport Privatisation; Dalrymple Bay Coal Terminal; Fisherman Islands container terminal development at Port of Brisbane; Peterborough Hospital PFI; Defence Headquarters PPP and $6bn Collins Class submarine procurement; Sydney University Student Village; over 2000 MW of renewable power developments and numerous other projects in the roads, water, utilities and telecom sectors. Origination and active management of mezzanine finance business and took principal stakes in infrastructure, commercial property development and resources infrastructure projects.