Distributed Energy Stock Index (DESI)
Date: Thursday, July 28, 2005 @ 21:30:38 UTC
Topic: Investors
DEFG Launches New Energy Technology Stock Index: Distributed Energy Stock Index (DESI)
Thursday July 28, 10:00 am ET
DEFG in Active Discussions to Create DESI Fund
WASHINGTON, July 28 /PRNewswire/ -- The Distributed Energy Financial Group, LLC (DEFG) is pleased to announce the launch of the Distributed Energy Stock Index (DESI). The DESI is an index comprised of approximately 30 leading publicly traded companies in the energy technology market (SEE below for a list of DESI companies), listed on major stock exchanges in North America and broken into five segments, including: 1) prime movers, 2) power quality and storage, 3) renewable, hydrogen and fuel cells, 4) demand management, metering and controls, and 5) enabling technologies...
"The Distributed Energy Stock Index (DESI) will serve as a tool to build industry awareness and focus investors on leading distributed energy stocks," stated Tom Brunetto, DEFG Managing Director. "The DESI should complement the few clean energy indices in existence, provide coverage of more and different companies, provide better risk diversification potential within an integrated framework, and capture the full range of the value proposition of these technologies to customers, including cross-over applications and bundling opportunities."...
Read whole article here: http://biz.yahoo.com/prnews/050728/dcth019.html?.v=18
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