United Bankers entered a new area in its fund offering by launching a fund that invests in renewable energy development projects and renewable energy power plants. The UB Renewable Energy Fund (AIF) will be open for subscriptions for the first time on 31 August 2023. UB Renewable Energy's primary investment targets are wind and solar power plants.

The fund can also invest in infrastructure related to energy production, energy storage and the hydrogen industry. The fund is an Article 9 fund under SFDR and its assets are invested in sustainable investments that have a climate target. UB Renewable Energy can make investments throughout Europe, with a focus on Finland and other Nordic and Baltic countries.

The fund's alternative investment fund manager is UB Fund Management Company Ltd, which is a company in the United Bankers Group. A key way of mitigating climate change is the electrification of societies at an accelerated pace. In the future, the vast majority of energy will come from a variety of renewable energy sources, and demand for renewable energy is projected to multiply in the coming years and decades.

UB Renewable Energy is a fund whose potential relies heavily on the growing market created by the energy transition and the green transition. At the same time, the fund offers investors the opportunity to increase the proportion of sustainable investments in their portfolios. The fund is aimed at both private and institutional investors.

The UB Renewable energy Fund has a unique competitive advantage, which is built on cooperation with other United Bankers funds. "Our fund creates significant synergies between the different funds.Portfolio Manager of the UB Renewable Energy Fund. In total, United Bankers' timber land funds own more than 160,000 hectares of forest in Finland and the Baltic countries.