Cleantech Index
Gamesa, leader in renewables, has been included in Cleantech Index (CTIUS)
NEW YORK, June 30, 2008. The Cleantech Group™, LLC in conjunction with the American Stock Exchange (Amex), today announced the inclusion of Gamesa to the portfolio of global cleantech leaders.
The Cleantech Index, now comprised of 76 publicly traded companies, offers investors and index licensees an easy and costeffective way to track and invest in the broad cleantech category. In 2007, the Index outperformed the S&P 500 Index by 37.4%, over the last 12 months by 26.3%, and in 2008 (through June 27) by 6.5%.
Cleantech Index includes leading companies from a broad range of sectors such as advanced materials, agriculture, transportation, manufacturing, in addition to energy efficiency, renewables and water.
Now comprised of 76 publicly traded companies, the Cleantech Index is the industry gold standard upon which a growing range of financial products are based. NonUS companies now comprise approximately half of the 76 company Index. For the inclusion in the index, companies must derive at least half of their operating profits or revenues from clean technology businesses, and pass 16 other quantitative and qualitative screens.
With its inclusion in the Cleantech Index, Gamesa is also now being traded in funds based upon CTIUS, including the PowerShares Cleantech Portfolio and KSM Cleantech among others.
About Cleantech Group, LLC
The Cleantech Group pioneered the cleantech investment category in 2002. Today, it accelerates the development and market adoption of clean technologies globally through membership in the largest global network of investors and companies, representing more than $3 trillion in assets. Member investors, growth companies/vendors, enterprises, service providers, and others receive access to capital, investment opportunities, market leading research and data, insight, sales opportunities, human capital, and promotional opportunities.
WEB SITE: www.cleantech.com