21 October 2008

Opportunities seen widening for clean tech investors

Ventus in the News

Opportunities seen widening for clean tech investors, Reuters 21 October 2008

Article by James Molony

"Opportunities in the renewable energy technology sector are becoming more diverse as regulatory support extends to technologies other than wind farms, Steve Read, investment manager of the Ventus Funds, said.


Read said the Ventus Funds are spreading their investments more evenly between wind farm projects and other renewable energy technologies such as land-fill gas and waste biomass.


The change has come as viable wind projects start to dwindle in the UK. The trio of Ventus funds - which invest directly in projects - are all in the top 10 of UK small and mid-cap funds as collated by Thomson Reuters fund data company Lipper.

The first fund, Ventus VCT, has outperformed peers in the Lipper Global UK equity Small and Mid-cap index by 63.35 percent over the past year and is the top performer in that period. Returns are based on dividend payments and profits from the sale of stakes in projects."

 

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