Index providers FFI, Clean Edge, and Alpha Vee Solutions announced a partnership to co-develop the Energy Transition Index, a thematic investment opportunity optimized for investors looking to shift their assets away from fossil fuels and toward clean-energy innovation and deployment. 

"While environmental, social, and governance (ESG) funds have become increasingly popular, most of these investment vehicles are structured to achieve returns that mirror a broad market index," said Chris Ito, CEO of FFI. "The Energy Transition Index meanwhile will incorporate elements common to alternative investing and focus on those sectors most directly impacted by the transition away from fossil fuels and toward clean energy."

"Clean Edge has been tracking the clean energy sector for nearly two decades," explained Ron Pernick, Managing Director, Clean Edge. "We are excited to bring our expertise together with FFI and Alpha Vee to capture the transition from polluting and expensive fossil fuels to cost-competitive and easily deployed clean-energy sources." 

"By combining FFI's and Clean Edge's research with Alpha Vee's dynamic, multi-factor methodology, we believe we can create superior investment solutions for investors," said Moshik Kovarsky, CEO, Alpha Vee Solutions.

The parties plan to finalize the Index later this year and make it available for licensing.

FFI | www.fossilfreeindexes.com

Clean Edge | www.cleanedge.com

Alpha Vee Solutions | www.alphavee.com