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TORONTO STOCK EXCHANGE AND TSX VENTURE EXCHANGE HOME TO THE HIGHEST
NUMBER OF CLEANTECH COMPANIES IN THE WORLD
The cleantech and renewable power sector on Toronto Stock Exchange and TSX Venture Exchange has enjoyed strong growth in 2009 in the face of challenging economic and financing conditions. With the listing of Ram Power Corp. in October, TMX Group equity exchanges have now surpassed $1-billion in equity financing for this fast-growing sector. The year-to-date 2009 amount exceeds the full-year 2008 financings by more than 100 per cent.
"We have made significant efforts in the cleantech sector and it is gratifying to see that Toronto Stock Exchange and TSX Venture Exchange have become the listing and financing destination of choice for large and small cleantech businesses," said Ungad Chadda, senior vice-president, Toronto Stock Exchange. "Our exchanges are No. 1 in the world in mining and energy, and we are being viewed as the ideal financing markets for companies developing sustainable technologies and renewable power projects."
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