[getsmart-l] First All-Canadian Cleantech Index launched
Media Release
media.release at huffstrategy.com
Thu Oct 25 09:57:19 EDT 2007
Emacs!
First All-Canadian Cleantech Index launched
Cleantech 10 list pinpoints the top publicly
traded Cleantech companies in Canada
Next 10 Cleantech list highlights emerging Cleantech leaders of tomorrow
TORONTO, Canada, October 25, 2007 - The Corporate
Knights Cleantech 10 and Next 10 Emerging
Cleantech Leaders of Tomorrow were announced at
the Cleantech Forum XIV in Toronto at the Westin
Harbour Castle this morning at a press conference
attended by Peter Love, Ontario's Chief Energy
Conversation Officer, and executives from the
Cleantech 10 and Next 10 Cleantech companies.
The Cleantech 10 and Next 10 Cleantech represent
Canada's finest publicly held and private
companies in the Cleantech realm, and span a
range of sectors from specialized technology to
harvest flooded forests, to solar electric
inverters, smart grids, and floating wind turbines.
The Corporate Knights Cleantech 10 was compiled
by Corporate Knights Inc. and Cleantech Indices
LLC, the leading provider of Cleantech Indices
and information globally. The Cleantech 10 showed
a year-to-date return of 12.66 per cent,
outperforming the S&P/TSX Small Cap Index by over
7 per cent over the past year (using an
unweighted average of the Cleantech 10's returns as of Oct 22, 2007).
CK Cleantech 10 (HQ City)
Boralex (Kingsey Falls, QC)
Canadian Hydro Developers (Calgary, AB)
Carmanah (Victoria, BC)
Dynetek Calgary, AB)
Hydrogenics (Mississauga, ON)
RuggedCom (Woodbridge, ON)
SunOpta (Brampton, ON)
Westport Innovations (Vancouver, BC)
WFI (Fort Wayne, IL)
Xantrex (Burnaby, BC)
Source: Corporate Knights Inc. and Cleantech Indices, LLC
How was CK Cleantech 10 determined?
We sought out technology-driven growth companies
that have big impacts on resource efficiency and
the environment-not simply those re-branding
themselves as 'green'. A set of 18 screening
criteria were applied to all TSX companies that
Cleantech Indices, LLC use for their broad
Cleantech Index. Since Canada has far fewer
Cleantech stocks and they tend to be younger and
smaller, those criteria were not as strictly
applied. A heavy emphasis was placed on purity
(percentage of revenues or income from Cleantech
business, and whether or not it's really 'clean')
and quality (strategy, management, financial
strength, sector leadership). Other key criteria
included growth, earnings, liquidity,
capitalization, technology/intellectual property, overall impact, etc.
Next 10 Cleantech (HQ City)
6N Silicon Inc. (Mississauga, ON)
Enerworks Inc. (Dorchester, ON)
Ensyn Technologies Inc. (Nepean, ON)
Group IV Semiconductor Inc. (Ottawa, ON)
Iogen Corp. (Ottawa, ON)
Magenn Power Inc. (Ottawa, ON)
Menova Inc. (Ottawa, ON)
Plasco Energy Group Inc. (Ottawa, ON)
REGEN Energy Inc. (Toronto, ON)
Triton Logging Inc. (Saanichton, BC)
Source: Corporate Knights Inc.
The Next 10 Emerging Cleantech Leaders of
Tomorrow was determined by an advisory board that included:
* Tyler Hamilton, Energy Reporter/Clean Break, Toronto Star
* Vicky Sharpe, President and CEO,
Sustainable Development Technology Canada
* Andrew Heintzman, President of Investeco Capital Corp
* Nick Parker, Chairman, Cleantech Venture Network LLC
* Tom Rand, Director, VCi Green Funds Inc.
For further information, see:
http://www.corporateknights.ca/downloads/Cleantech2007.pdf
About Corporate Knights
Founded in 2002, Corporate Knights Inc. is an
independent Canadian-based media company focused
on prompting and reinforcing sustainable development in Canada.
www.corporateknights.ca
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