Tuesday, May 8, 2007

Ardour Alternative Energy Index Fund to Start Trading Tomorrow in New York

(Bloomberg) -- Ardour Capital Partners LLC's global alternative energy index will begin trading tomorrow on the New York Stock Exchange as an exchange traded fund that tracks producers of wind, solar and other renewable energy companies.

The Market Vectors Global Alternative Energy fund will seek to track the performance of 30 companies in the Ardour Index including Denmark's Vestas Wind Systems A/S, the world's biggest wind turbine maker, and First Solar Inc., a supplier of solar cells that turn the sun's energy into electricity.


Read more at Bloomberg Energy News

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