FAN News and Press, First Trust Global Wind Energy From 06/30/21

The wider world for so-called alternative energy, by contrast, is a mixed bag in 2021. Overall, most energy stocks are posting gains - the main exceptions are found in clean energy industries. Year-to-date losses are found in four other energy funds on our list - ETFs tracking com...

First Trust Global Wind Energy ETF (FAN) - $0.1128.30-Day SEC Yield of 1.02% as of May 28.Payable Jun 30; for shareholders of record Jun 25; ex-div Jun 24. For further details see: First Trust Global Wind Energy ETF declares quarterly distribution of $0.1128

The Environment, Social, and Governance (“ESG”) investment theme is predicted to drive as much as $67 trillion in investment flows over the next decade, according to research from Morgan Stanley. This estimate leverages what may be the most powerful long-term force driving finan...

Certain facts should be observed. First, the renewable energy movement is now an established facet of the developed world, with expectations boosted by the transition in Washington DC to the Biden administration, which has already pledged its commitment to the cause at roughly twice the real-...

While renewable energy capacity is expected to grow significantly in the coming decades, it also faces massive challenges for widespread adoption. With the growing pressure to decarbonize, midstream companies provide a backbone for carbon capture and hydrogen to provide viable solutio...

The Biden administration unveils plans to develop offshore wind projects in partnership with the state of California, a significant step in the government's goal of deploying 30 GW of offshore wind by 2030.The plan seeks to add up to 4.6 GW of clean energy to the grid by 2030, or enough to po...

Vestas delivered a disappointing top- and bottom-line financial performance for Q1-2021. Management maintained full year 2021 guidance despite its close competitor Siemens Gamesa lowering its FY in face of same challenges. Order backlog is significantly stronger year-on-year and r...

Invesco Global Clean Energy ETF allows investors to jump on the all-green bandwagon. Heavily promoted by the new Biden administration, new energy provides a centerpiece to a political agenda. Undeniably successful since my last product review, most recently the ETF has traded to t...

Efforts to address climate change by governments, investors and corporates appear to be accelerating, and many of these bodies are now setting net zero targets. Demand for gas is expected to be more resilient than that for oil over the next 30 years and remains a key transition fuel, ...

Ørsted is trading 5% down intraday upon having released a forgettable Q1-2021 statement. Financial performance deteriorated compared to Q1-2020 with revenue up 23% but EBITDA down 30% and EBIT down 42%. Ørsted is negatively impacted by a warranty provision of DKK 800 mil...