NYSE Euronext and Bloomberg New Energy Finance announced that that they jointly launched three new regionally-focused clean energy stock indices. The indices cover the Americas, Europe, the Middle East and Africa regions and Asia and Oceania, with all of the indices expected to start publishing over the next few months.
The company’s advised that the next set it will debut include an index tracking shares for solar power companies and wind company stocks, one tracking equities of companies that specialize in energy-smart technology and another to track the shares of companies involved in electric vehicle development.
“The new indices provide a solid foundation for tracking the regional exposures by domicile for clean energy initiatives while accurately weighting each company’s economic exposure to their respective sector,” said George Patterson, managing director European indices at NYSE Euronext Global Index Group, “NYSE Euronext is pleased to collaborate again with Bloomberg New Energy Finance in providing innovative products to the marketplace.”
The three regional indices introduced today will be known as NYSE-BNEF Asia Oceania Clean Energy Index, NYSE-BNEF Europe, Middle East and Africa Clean Energy Index and NYSE-BNEF Americas Clean Energy Index.