UBS forms unit for renewables, clean-tech sectors

09/29/2010 | Wall Street Journal, The

The investment-banking department of UBS has created a unit that focuses on raising capital for and providing financial advice to renewable-energy and clean-technology companies. "We have had a strong renewable and clean-tech practice for over four years, and, finally, we decided it made sense to create a formal practice," said Jim Schaefer, who will be the global leader of the unit.

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