Summaries - Australian Financial Review
20 June 2011, Page: 17
UBS global head of infrastructure Paul Moy says that the investment bank would 'certainly look at doing more' wind farm projects in WA. Mr Moy's comment followed news that the UBS and Retail Employees Superannuation Trust's Collage farm in Western Australia's wheat belt would be finished prior to its anticipated completion date. Mr Moy added that he saw the level of debate over the carbon tax in Australia as healthy saying it was more active than in other parts of the world. Aside from its Australian investments the UBS international infrastructure fund has investments in Northern Star Generation, Saubermacher and Southern Water. Meanwhile a joint venture entered into last week by CDC and Njord Gas Infrastructure has brought a halt to the purchase of Exxon-Mobil's 8% stake in Gassfed's natural gas joint venture in Norway.
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