The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and Clean Edge, Inc. announced today the results of the semi-annual evaluation of the NASDAQ OMX® Clean Edge® Global Wind Energy Index (Nasdaq:QWND), which will become effective with the market open today.
The following four securities will be added to the Index: ABB Ltd (ABBN VX), Broadwind Energy, Inc. (BWEN UQ), Enel Green Power S.p.A. (EGPW EB), and China Ming Yang Wind Power Group Limited (MY UN).
The Index is designed to act as a transparent and liquid benchmark for the global wind energy sector. The Index includes companies that are primarily manufacturers, developers, distributors, installers, and users of energy derived from wind sources. The securities must also meet other eligibility criteria which include minimum requirements for market capitalization and average daily dollar trading volume. The NASDAQ OMX® Clean Edge® Global Wind Energy Index is evaluated semi-annually in March and September. For more information about the NASDAQ OMX® Clean Edge® Global Wind Energy Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/.
The NASDAQ OMX Clean Edge Global Wind Energy Index is the basis for the PowerShares Global Wind Energy Portfolio (Nasdaq:PWND), which seeks investment results that correspond generally to the price and yield of the NASDAQ OMX Clean Edge Global Wind Energy Index before fees and expenses.
As a result of the evaluation, the following four securities will be removed from the Index: Japan Wind Development Co., Ltd. (2766 JT), ABB Ltd — ADR (ABB UN), Endesa SA (ELE SM), and Enel SpA (ENEL IM).