Aventine Renewable Energy Holdings, Inc. (NYSE: AVR) of Pekin, Illinois will become a component of the NASDAQ Clean Edge U.S. IndexSM (NASDAQ:CLEN) prior to market open on Wednesday July 26, 2006.
With a market capitalization of approximately $1.4 billion, Aventine is an ethanol producer, focusing primarily on the production and sale of ethanol and its co-products.
The NASDAQ Clean Edge U.S. Index, launched on May 18, 2006, is designed to track the performance of clean-energy companies that are publicly traded in the U.S. The NASDAQ Clean Edge U.S. Index includes companies engaged in the manufacturing, development, distribution, and installation of emerging clean-energy technologies such as solar photovoltaics, biofuels and advanced batteries. The five major sub-sectors that the index covers are Renewable Electricity Generation, Renewable Fuels, Energy Storage & Conversion, Energy Intelligence and Advanced Energy-Related Materials.
