L&G Clean Energy

Clean energy companies

(RENG)

£7.20

Previous business day’s close price

‑£1.11 (‑13.39%)

max available period

£6.89

£11.30

11 Nov 20

12 Dec 24

Details

ETF description

This ETF invests in companies involved in clean energy production and related technologies. It focuses on businesses that generate energy from renewable sources, such as solar, wind, and hydroelectric power, as well as those that develop technologies supporting energy efficiency, storage, and distribution. By including companies across the clean energy value chain, this ETF offers exposure to firms that are driving the transition toward more sustainable energy solutions.

This ETF may appeal to investors who are interested in sustainable investing and want to support the growth of renewable energy. It offers a way to gain exposure to companies that are actively working on solutions to environmental challenges while potentially benefiting from the global movement toward cleaner energy sources.

Issuer details

Legal & General Investment Management (LGIM) is one of Europe’s largest asset managers and a subsidiary of Legal & General Group plc. With over £1.5 trillion in assets under management as of June 2024. Established in 1836, LGIM has a long history and is known for its strong focus on index investing, providing investors with cost‑effective and diversified exposure to various markets. LGIM is also recognized for its innovative ESG integration across its investment strategies and expertise in liability‑driven investment (LDI) solutions. Notable ETFs include the L&G Global Technology Leaders UCITS ETF and the L&G Cyber Security UCITS ETF, reflecting LGIM’s commitment to providing access to innovative and thematic investment themes. LGIM offers a range of investment solutions and covers various market segments.

Index details

The Clean Energy index offers exposure to companies involved in renewable energy and sustainability efforts, reflecting the growing importance of clean technologies in global energy markets. With its focus on environmental impact and innovation, the index provides opportunities for growth‑oriented investors and those seeking to align their investments with sustainable development goals.