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Corporate Social Responsibility
News
11.14.2002 ET
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CSR News from:
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News Category:
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How to Invest in the Wind Industry: Report Released
(CSRwire) NEW YORK, New York - Progressive Investor announces the release of the
report, "How To Invest In The Booming Wind Industry."
The wind industry is growing in leaps and bounds, a very exciting
development for environmental investors. Wind is the world's fastest
growing energy source, growing at about 35% annually for the past 5 years
and expected to grow 22-30% annually for the next five years.
Environmental investors are anxious to participate in this growth. One of
the most frequent questions we receive is, "I want to invest in wind -
Which companies are good investments?"
This report looks at what's driving the industry forward and holding it
back, what to expect going forward, who the main players are and how
people might invest in them.
Even though the wind industry is growing significantly, our research shows
it's not as straight forward an investment as it may seem from the surface.
Is the wind industry a good place to park your money? And if so, do you
invest in the turbine manufacturers or the wind farm developers? Which
ones?
Jack Robinson, Managing Director of Winslow Management says, "I think
there's good reason to be interested in wind - you can invest in companies
that are profitable today and have the opportunity to grow profits at a
rate equal to the industry growth at 25%.
Not everyone agrees with this rosy outlook. Terry Foecke, principal of
Materials Productivity counters, "When you run it by traditional
investment advisors, wind looks like a terrible bet. You have all the
earmarks of things they avoid: dependence on government subsidies and high
valuations.
The Progressive Investor is a monthly financial newsletter available by
subscription. Each issue draws on a group of world-class sustainable
investment analysts for their insights and opinions on viable investments
in the "green" business sector.
Contributing analysts and advisors for this Report:
Jack Robinson, Managing Director, Winslow Management;
Ken Scott, Portfolio Manager & Social Research Analyst, Walden Asset
Management
Carsten Henningsen, Co-Founder & Principal, Portfolio 21 mutual fund.
Terry Foeke, Principal, Materials Productivity, Inc
Cary Wasden, Principal, Reed Wasden Research
The Editor is Rona Fried, Ph.D., CEO of SustainableBusiness.com
This report can be purchased individually or as part of a subscription to
Progressive Investor.
For more information:
http://www.sustainablebusiness.com/progressiveinvestor/index.cfm
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