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New stocks on AEI . . . and an index
Ok, a lousy day on the markets, well probably much worse than that actually, let's call it abysmal. Nevertheless, it has been an opportunity for me to catch up on adding new stocks and an index as informed by one of you, a loyal follower of this blog.
So here they all are; Terna Energy - wind and hydropower, based in Greece - very like . . . Innergex Renewable Energy - also wind and hydro, based in Canada Then I've added; Acucar Guarani - a brazilian firm which purchases, cultivates and crushes sugarcane to produce sugar, ethanol and electricity. Arise Technologies Corp - a Canadian solar firm (odd how a semi-arctic nation develops a niche in solar, a bit like Renewable Energy Corp in Norway) Wacker Chemie AG - a chemical company who has a major silicon feedstock production operation for the solar industry Finally, many thanks to a gentleman from Thailand who emailed me about a new index not included here. I've just added the HSBC Global Low Carbon Production Index to my list of Global Alternative Energy Indices. From my past experience, I can tell that the data behind most indices constitute an expensive, high margin business to the consumer. That's why - unlike stocks - there's not much more I can tell you about them at this stage other than they exist and list them all in one place. My general view is that for an index to succeed and be widely known, especially in a new sector, you have to make the data free and easily available. Surely this is what has given the Wilder Hill Clean Energy Index the renown it has, way ahead of many Blue Chip bank equivalents. |

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