EnergyBoom Launches E•B Clean 100 Index and Subindices
EnergyBoom.com, the global online leader in news and views about the clean and efficient energy sector, is today launching the EnergyBoom Clean 100 Index (E•B Clean 100) and four subindices that measure the share price performance of the overall clean energy sector and four key subsectors.
The four subindices are the EnergyBoom Solar Subindex (E•B Solar), the EnergyBoom Wind Subindex (E•B Wind), the EnergyBoom Biofuel Subindex (E•B Biofuel) and the EnergyBoom Efficiency Subindex (E•B Efficiency).
Emily Murgatroyd, EnergyBoom’s Vice President Operations, said EnergyBoom’s E•B Clean 100 and the four subindices will enable EnergyBoom site visitors to better track the share price performance of the clean and efficiency energy sector and to better compare the relative performance of the clean and efficiency energy subsectors.
“These new features reflect EnergyBoom’s mission to cover the economy’s transition to cleaner energy and less energy waste,” said Murgatroyd. “The support of the capital markets, together with technology innovation and policy initiatives, will determine the speed of this transition. These new indices will enable EnergyBoom visitors to better monitor the relationship between the clean/efficient energy sector and the overall capital markets.”
The EnergyBoom Clean 100 Index (E•B Clean 100) and four subindices are unique in their methodology and in their application as simple and practical tools for investors:
- The E•B Clean 100 Index is the most inclusive of all ETFs or indices that monitor/reflect the clean/efficient energy sector: E•B Clean 100 has more companies in total and more companies focused on the sector.
- Two EnergyBoom subindices, the EnergyBoom Biofuel Subindex (E•B Biofuel) and the EnergyBoom Efficiency Subindex (E•B Efficiency), are unique in that they are the first subindices for these two subsectors.
- Component companies are screened by revenues and/or capital expenditures to ensure that clean/efficient energy is their focus and not a sideline. Diversified companies, whose clean/efficient business focus is, in EnergyBoom’s judgment, diluted by non clean/efficient business units, do not quality for the E•B Clean 100 or the subindices.
- Investors can easily compare the performance of specific subsectors (solar, wind, biofuel and efficiency) knowing they have the same methodology. Sector and subsector indices at other media all have different methodologies making comparisons misleading.
- Investors can easily compare the overall clean/efficiency sector and specific subsectors with other leading sector indices and green ETFs and with the leading broader national and international stock market indices.
The EnergyBoom Clean 100 Index (E•B Clean 100) is comprised of 100 companies, including 57 companies in the four EnergyBoom subindices, plus 43 other companies representing other subsectors including geothermal, fuel cells, smart grid, transportation, lithium mining and energy storage.
For more information about EnergyBoom please contact Emily Murgatroyd, Vice President Operations, at emurgatroyd@hoggan.com or 604.742.4263.
The economy’s transition to cleaner and more secure sources of energy is inevitable, but its speed will depend on technology, policy and capital. EBOOM CAPITAL focuses on companies whose practical and commercial alteratives to fossil fuels and energy waste are generating - or have good prospects to generate - revenues and profits.
Any opinion contained in this article is solely that of the writers, and does not necessarily shape or reflect the editorial opinions of Energy Boom. Energy Boom content is for informational purposes only and is not intended to be advice regarding the investment merits of, or a recommendation regarding the purchase or sale of, any security identified on, or linked through, this site.
