trending Market Intelligence /marketintelligence/en/news-insights/trending/QbGiSWPNCxpGJOBJgflDpg2 content esgSubNav
In This List

UBS funds propose to acquire stake in 3 Texas wind farms

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


UBS funds propose to acquire stake in 3 Texas wind farms

Funds within UBS AG are proposing to indirectly purchase shares in Phoenix Wind Repower LLC, according to a notice from European Commission's Directorate General for Competition.

Phoenix Wind Repower LLC is a portfolio investment of a fund managed by Ares Management Corp. It owns and operates the 225-MW Trinity Hills, 145-MW Sherbino Mesa 2 and 60-MW Silver Star wind projects in Texas.

Financial terms of the transaction were not disclosed.

UBS AG is a unit of UBS Group AG.