NEW YORK, June 13 — The Ardour Global Index (TICKER: AGIGL) to add 16 new components. The additions result from the indexes’ semi-annual reconstitution. All changes will be effective as of the open of trade on 6/19/2006 and a complete list of constituents and weightings will be posted on the Ardour web site.
The Ardour Global Index is a capitalization-weighted, float adjusted index of 88 of the most prominent alternative energy stocks in the world. The index added five new components from the Asia/Pacific region. According to Walter Nasdeo, Consulting Analyst for Ardour Global Indexes, “Many Asian countries are rapidly developing alternative energy initiatives and we are beginning to see some important companies emerge.” Nasdeo expects more Asian components to be added in the future
Nearly 200 “pure play” alternative energy companies from around the world were screened against multiple criteria for inclusion in the index. To be included in the index stocks must pass screens for capitalization, float, exchange listing, share price and turnover. Noted Nasdeo, we were able to add 16 new constituents this period and we expect to be able to add quite a few more going forward as the industry continues to grow and develop.
The AGI North America Index (TICKER: AGINA) expanded by 7 components to 50, while the AGI Europe Index (TICKER: AGIEM) added 4 components, growing to 29. With its five new additions the Asia/Pacific group now stands at nine constituents.
New Components:
Name | Region/Sector | Ticker |
VERBUND – OEST ELEKTRIZITAETSWIRTS AG (OESTERREICHISCHE ELEKTRIZITAETSWIRTSCHAFTS AG) |
EMEA/AES | VER AV |
PLAMBECK NEUE ENERGIEN AG | EMEA/AES | PNE3 GR |
THEOLIA SA | EMEA/AES | MLTEO FP |
CENTROSOLAR AG | EMEA/AES | C3O GR |
O2DIESEL CORP | NA/ENV | OTD |
METRETEK TECHNOLOGIES INC | NA/EE | MEK |
COLOR KINETICS INC | NA/EE | CLRK |
MECHANICAL TECHNOLOGY INC | NA/DG | MKTY |
PURE CYCLE CORP | NA/ENV | PCYO |
CARMANAH TECHNOLOGIES CORP | NA/EE | CMH CN |
WFI INDUSTRIES LTD | NA/AES | WFI CN |
TOPCO SCIENTIFIC CO LTD | AP/ET | 5434 TT |
TOPCO SCIENTIFIC CO LTD | AP/ET | 5434 TT |
KURITA WATER INDUSTRIES LTD | AP/ENV | 6370 JP |
SUZLON ENERGY LTD | AP/AES | NSUEL IN |
DONGFANG ELECTRICAL MACHINERY CO LTD | AP/AES | 600875 CH |
GP BATTERIES INTL LTD | AP/ET | GP SP |
Region Key:
- EMEA = EUROPE, MIDDLE EAST, AFRICA
- NA = NORTH AMERICA
- AP = ASIA PACIFIC
Sector Key:
- AES = ALTERNATIVE ENERGY SOLUTIONS
- DG = DISTRIBUTED GENERATION
- ENV = ENVIRONMENTAL TECHNOLOGIES
- EE = ENERGY EFFICIENCY
- ET = ENABLING TECHNOLOGIES
Detailed information, including constituent data, rules and price information, on the AGI family of alternative energy indexes is available at http://www.ardourglobalindexes.com.
Index | Ticker |
Ardour Global Index | AGIGL |
Ardour Global Index Extra Liquid | AGIXL |
AGI North America | AGINA |
AGI North America Extra Liquid | AGINAXL |
AGI Europe | AGIEM |
AGI Europe Extra Liquid | AGIEMXL |
Index Info:
Walter Nasdeo
Ardour Capital Investments, LLC
212-375-2958