Innergex, RWE, Theolia join NASDAQ OMX Clean Edge Global Wind Energy Index
(ADPnews) - Sep 20, 2010 - Canadian firm Innergex Renewable Energy Inc (TSE:INE), German energy company RWE AG (ETR:RWE) and French wind power project developer Theolia (EPA:TEO) were added today to the NASDAQ OMX Clean Edge Global Wind Energy Index.
US exchange operator NASDAQ OMX Group (NASDAQ:NDAQ) added the securities to the index after its semi-annual evaluation in September 2010. As a result of the evaluation, the shares of the following six renewable energy companies were removed from the index: Broadwind Energy Inc (NASDAQ:BWEN), Centrica PLC (LON:CNA), Clipper Windpower PLC (LON:CWP), Greentech Energy Systems A/S (CPH:GES), PNE Wind AG (ETR:PNE3) and Terna Energy SA (ATH:TENERG).
The index includes companies that are primarily manufacturers, developers, distributors, installers and users of energy derived from wind sources. To qualify for it, the securities also need to meet minimum requirements for market capitalisation and average daily trading volume.