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Clean technology is emerging as one of the hottest investment bets of the year as activity in the environmentally friendly sector begins to turn the heads of hungry investors.
In a week where power generation company TransAlta Corp. (TA/TSX) made a hostile takeover bid for Calgary-based clean energy firm Canadian Hydro Developers Inc. (KHD/TSX), and shares in geothermal energy producer Magma Energy Corp. (MXY/TSX) jumped 10% on news it had made an attractive foreign acquisition less than a week after listing, it has become increasingly apparent that cleantech is no longer on the fringe and is here to stay.
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July 26, 2009 · Leave a Comment
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