FRANKFURT, Germany (June 5, 2023) – MarketVector IndexesTM ("MarketVector") announces the launch of the BlueStar® Europe Infrastructure Index (ticker: BEURI) and the MarketVectorTM Global Clean Energy Transition ESG Index (ticker: MVCET).
The BlueStar® Europe Infrastructure Index (ticker: BEURI) tracks the performance of European companies that are involved in the infrastructure segment in the European market. It includes companies that derive at least 33% of their revenue from Europe and generate at least 50% of their revenues from infrastructure-related products and services such as construction, engineering, or consulting services, waste management and recycling services, building materials, and equipment, environmental services, facility management services, oil and gas upstream and midstream services, telecommunications infrastructure construction, products and services such as cell tower operators and cable manufacturers, clean energy construction or installation, such as those that build wind farms and solar fields, and technology and equipment used in public infrastructure including electric vehicle infrastructure.
The BEURI Index is reviewed on a semi-annual basis and is calculated in EUR as a price index and a total return net index.
The MarketVectorTM Global Clean Energy Transition ESG Index (ticker: MVCET) tracks the performance of global companies involved in providing technologies and materials contributing to the global transition to clean energy. It includes companies that generate at least 50% of their revenues from technologies and services related to the production or storage of clean energy including solar, wind, hydrogen and fuel cells, waste-to-energy, biofuels, geothermal, hydro, and lithium-based or other advanced batteries that are used in electric vehicles, for storage of electricity generated by clean or renewable sources, or are otherwise related to clean energy transition), or electric vehicle charging infrastructure.
In addition, the index considers global metals and rare earth element miners, refiners, and recyclers focused on metals and elements that are used in technologies contributing to the proliferation of clean energy. This includes companies with at least 50%, or with mining projects that have the potential to generate at least 50% of their revenues when developed, from a combination of Clean-Tech Metals.
The MVCET Index is reviewed on a quarterly basis and is calculated in EUR as a price index and a total return net index.
Detailed information about the indexes, including methodology details and index data, is available on the MarketVector website.