Clean Energy Infrastructure UBS Switzerland
November 20, 2013 | by UBS AG
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November 20, 2013, First investment solution for renewable energy and energy infrastructure in Switzerland increased capital commitments with the second drawing on successful completion CHF 350 million. The interest from institutional investors for real value systems is still big. This is also the second successful Cut-off by UBS Clean Energy Infrastructure Switzerland. With a volume of approximately 350 million Swiss francs, UBS has launched this year the first provider a pioneering system solution for renewable energy and energy infrastructure. Thus UBS building bridges - between institutional investors and the energy industry in Switzerland.
Broad interest and enjoyable Signings After working with its partners Fontavis UBS AG and the Swiss furniture beginning of the year the fund was able to launch with subscription commitments of around 250 million Swiss francs successful in the second period drawing more investors have also pledged 100 million francs. This increases the capital commitments that are Fontavis AG as investment adviser to the fund for equity investments available to approximately 350 million Swiss francs.
Meanwhile, 30 investors , Swiss pension funds and insurance companies involved in this complex solution . " This positive result reflects the continued interest in real value of investments and the demand for Swiss energy infrastructure in particular ," says Stefano Tritella , CEO of UBS Switzerland AG Clean Energy Infrastructure . The Fund will receive further capital commitments in 2014.
Opportunity for institutional investors and the energy industry in Switzerland The energy transition leads to a large amount of investment over the coming years. Clean Energy Infrastructure Switzerland UBS offers institutional investors easy access to infrastructure facilities of the Swiss energy sector.
Pension funds and insurance companies can participate in the long term this investment solution in unlisted companies and projects, energy production (including biomass, hydro , solar thermal and photovoltaics), energy efficiency and supply infrastructure . At the same time benefiting the energy of alternative sources of equity . The fund has already made along with energy companies and project developers in various investments in production facilities and networks and thus established itself as a reliable investment partner .
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Source: UBS AG, Press release