WilderHill New Energy Global Innovation
Index (NEX)
In early 2006 and together with partners Bloomberg
New Energy Finance based in London, and Josh Landess
based in the U.S., WilderHill launched the WilderHill
New Energy Global Innovation Index (NEX) to track the
important companies in clean energy worldwide, but that
are mainly traded outside the United States. More than
half the stocks in NEX are generally listed on exchanges
outside the U.S.: hence there is significant non-correlation
with ECO. NEX tracks opportunities in clean energy in
Europe, Asia-Pacific, the Americas and elsewhere; it
is a product of WilderHill New Energy Finance, LLC.
The WilderHill New Energy Global Innovation Index (NEX)
is comprised of companies worldwide whose innovative
technologies and services focus on generation and use
of cleaner energy, conservation, efficiency and advancing
renewable energy generally. Included are companies whose
lower-carbon approaches are relevant to climate change,
and whose technologies help reduce emissions relative
to traditional fossil fuel use. The NEX is the first
and leading Global Index for clean, alternative and
renewable energy. Together with ECO that focuses on
stocks listed in the U.S, the index arguably now cover
clean energy worldwide.
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