UBSs renewable energy investment banking business arranges financing and provides strategic and financial advisory services for companies in the solar, wind, wave and other renewable energy sectors. Since 2006, UBS has led over 35 financing transactions in these sectors, raising over USD 20 billion for renewable energy companies worldwide and winning a top-five ranking three years in a row from New Energy Finance, a specialist provider of financial information and analysis to investors in clean energy. In 2008, to name just one example of such a transaction, UBS acted as the joint global coordinator and joint bookrunner for the EUR 1.8 billion initial public rights offering of the wind generation company EDP Renováveis, one of the largest wind generation companies in the world and a subsidiary company of Portuguese utility Energias de Portugal (EDP).
In Switzerland UBS launched the UBS eco mortgage, which promotes eco-efficiency and solar technology in buildings by granting clients reduced mortgage interest rates and other benefits.