The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced today the introduction of the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM) (Nasdaq:QGRD), a new benchmark for the smart grid and electric infrastructure sector. The NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index is a modified market-capitalization index and includes companies that are primarily involved in electric grid; electric meters, devices and networks; energy storage and management; and enabling software used by the smart grid and electric infrastructure sector.
"This index brings sharper focus to an industry that is transforming our nation's energy grid, an extremely significant endeavor that will help shape our nation's future," said NASDAQ OMX Executive Vice President John Jacobs. "Investors, thanks to this index, can now easily track companies that are working diligently to help fully implement an energy grid that is more efficient, cleaner and resilient."
"Our current electric grid is dated and deteriorating," said Ron Pernick, Clean Edge Co-founder and Managing Director. "To keep up with energy demand and meet modern energy needs, the next evolution in our electric grid will include the embedding of smart meters, controls, and networks to make the grid more intelligent and the introduction of a two-way flow of electrons and energy storage to enable better integration of renewable power and energy efficiency. This build-out is already under way and offers an unprecedented opportunity to reshape the way energy is generated, stored, transmitted, and delivered."
The NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index is the latest in the line of eco-themed indexes created by NASDAQ OMX and its partners. NASDAQ OMX is leading the way in creating indexes designed to help the investment community track the next generation of companies involved in alternative energy, efficient transportation, and energy management.
The NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index is calculated in real-time across the combined exchanges and is disseminated by NASDAQ OMX in U.S. Dollars. The Index commenced calculation today with a value of 250.00.
The NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index is currently comprised of companies that are screened by Clean Edge. To view the companies in the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index, visit our website www.nasdaqomx.com/indexes.
NASDAQ OMX is a global leader in creating and licensing strategy indexes and is home to the most widely watched indexes in the world. As a premier, full-service provider, the NASDAQ OMX Global Index Group is dedicated to designing powerful indexes that are in sync with a continually changing market environment. Utilizing its expanded coverage as a global company, NASDAQ OMX has more than 1,500 diverse equity, commodity and fixed-income indexes in the U.S., Europe, and throughout the world.
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