Impax Environmental Mark... Share Discussion Threads

[don muang] 01/8/2006 12:34

isn't it the OPT effect wagging RGY? if so, then probably had the majority of short term upside on RGY for now. would have thought REH was a better bet than RGY though.

[asparks] 01/8/2006 08:13

Check out Reenergy RGY rising

[don muang] 21/7/2006 08:55

IEM Warrants seem to be holding up quite well considering the diluted NAV per ordinary share is now 98.38p.

[don muang] 30/6/2006 12:50

Wonder if IEM bought into BDI pre-IPO (which floated this morning at a 'nice' premium)

[krishall] 23/5/2006 16:03

Seems to be recovering well today... Guess the coverage in last wekends Independant on Sunday didn't do any harm. Interestingly the warrants are now at a high 'premium'.

[krishall] 27/3/2006 03:28

Nice to see IME getting some press coverage. It's usually overlooked by the 'press' in favour of MNE. As it's already trading at a premium to NAV then don't presume a mention will increase the share price by more than a nominal amount. However, I anticipate that previous performance should be continued (or even improved upon).

[m.t.glass] 27/3/2006 03:06

The Telegraph
26 March 2006
Edward Simpkins


Impax Environmental Markets

Companies involved with finding solutions to the environmental issues facing society have the potential to become a boom area for investors. The difficulty for the average punter with limited time and technical knowledge is distinguishing the interesting companies with promising technologies from those heading into a dead end.

The answer could be an investment trust run by professional investors. Impax Group, the Aim-listed environmental investor, raised new funds for its trust, Impax Environmental Markets (111.75p), in November and investors who put money in then have seen a 25 per cent return.

IEM invests in small and mid cap growth stocks active in environmental markets around the world. In the three years since its launch the fund has increased in value by 120 per cent. IEM is managed by Impax Asset Management, a wholly-owned subsidiary of Impax Group.

Over the past 12 months, Impax Group has more than tripled its funds under management to nearly £300m, making it one Europe's biggest and most experienced investors in renewables and other environmental technologies.

Impax now manages money for many of the UK's leading institutional investors including British Airways Pension Fund, Co-operative Insurance Society and Universities Superannuation Scheme. The group's share price has tripled since August 2005 but we recommend investing in the IEM trust.

[ben gunn] 06/3/2006 12:44

Time to get onboard

[asparks] 02/3/2006 16:11

mart - what warrants thread?

[mart] 27/2/2006 17:47

This seems to be moving well at the moment. There are warrants too; see warrants thread for terms.

[asparks] 23/2/2006 09:59

IMPAX MENTIONED IN TODAY's GUARDIAN

Green power comes of age as big investors buy into fuel cell firm

Terry Macalister
Thursday February 23, 2006
The Guardian


The Australian-based technology company Ceramic Fuel Cells said yesterday that it was raising £37m on the London Stock Exchange (LSE) to fund a new factory, probably in the north of England.
The move came just a day before a US carbon credit specialist, Econergy International, sees its shares traded on the Aim market amid soaring values for "green" power firms. Next week the LSE hosts a "new energy" seminar expected to attract big names from the investment community, such as Merrill Lynch and Rothschild.

The CFC fundraising was executed via a share-placing with institutional investors, which will give the company a market value of a little over £60m.
More than 90 new institutional investors in Britain and elsewhere in Europe as well as specialist socially responsible funds took part in the oversubscribed placing, the company said.

CFC plans to commercialise its solid oxide fuel cell technology for use in combined home heating and power systems.

Brendan Dow, chief executive, said that his company could offer greener and more efficient boilers with integrated fuel cells run on natural gas for about £3,000. This compares with the £2,000 cost of a current condensing boiler as mandated by the British government.

No decision has been taken as to where the new factory will be located in Europe but Mr Dow said there was a "very good chance" it would be in the north of England or north Wales. Up to 200 people would be employed. If successful, there could be more facilities built, Mr Dow said. CFC shares, which are already listed on the Australian market, are expected to start trading on Aim on March 2.

The company could join a growing number of companies, such as Johnson Matthey, which are producing fuel cells in Britain for household, transport or industrial use. Mounting interest in low-carbon technology has led to a stampede of tiny companies to the LSE, such as Voller Energy, which produces fuel cells for yachts, and Ceres Power.

Impax Partners, which invests in alternative energy firms and which itself listed on Aim in 2001, has trebled its funds under management to £260m in the past year alone. Ian Simms, chief executive, said: "Mainstream investors are increasingly aware of the growth opportunities in environmental markets and of our ability to seize these opportunities on their behalf."

Impax now manages money for many institutional investors such as British Airways' pension fund and Friends Provident. A seminar on renewable companies held at the LSE last October attracted large City firms such as Merrills and Rothschild.

Big industrial groups such as GE of the United States and Germany's Siemens have expanded into this sector by taking over smaller alternative power firms.

[asparks] 10/2/2006 15:55

To all who are interested in renewable / alternative energy investments please see this new moderated thread.

[asparks] 06/2/2006 10:57

General Alternative Energy Discusssion Thread