iClima Earth to list the world’s first distributed renewable energy ETF on London Stock Exchange
- New ESG ETF- iClima Distributed Renewable Energy UCITS ETF (Ticker: DGEN) is to launch in June 2021
- The DGEN distributed
renewable energy ETF focuses on companies behind
the rise of distributed energy renewable generation including solar panels
& smart meters
- DGEN ETF will track
the iClima Distributed Renewable Energy Index TR which provides exposure to 50 companies
in seven segments directly related to the growing Distributed Generation
(“DER”) business model
- The index is up 144% over the
last 12 months (as of 02.06.2021) and 322% since inception. Past performance is
no guarantee of future performance.
10th 2021, London
Environmental impact fintech, iClima Earth, is set to launch
the world’s first ESG UCITS exchange traded fund (ETF), the iClima Distributed Renewable Energy UCITS ETF, that provides exposure
to companies promoting the decentralisation of energy generation. Distributed renewable generation is the
ecosystem that allows green energy to be created and managed close to the point
of use, for example at home. The DGEN renewable energy ETF will be launched on the HANetf platform
and is expected to list on London Stock Exchange in June 2021.
Distributed Renewable Energy involves converging decarbonising
technologies and includes residential solar panels, energy storage, smart
meters, vehicle-to-grid energy (‘V2G’), electric vehicle charging, smart
inverters, and software solutions that leverage Artificial Intelligence (AI) to
manage the system. Coupled with
energy storage solutions, they can bring a variety of benefits to the system:
frequency control, demand response, mitigate the overload of dated transmission
lines, support continuous balancing of the electricity supply, and increase the
iClima says the rise of distributed energy away from an aging and
increasingly obsolete centralised grid model based on large fossil fuel
installation has been prompted by the decentralisation of the power sector,
combined with the digitalisation of grid controls and energy efficiency, and
the decarbonisation of our energy mix.
It also says the electrification of transportation and heating will
increase the need to add more renewable based solutions to the system. In the
USA, making use of 2/3 suitable rooftops for solar photovoltaic to generate
electricity could replace the country’s annual electricity generation from
coal, which represented 23% of all sources of US electricity generation in 2019.
It is predicted that as much as $846 billion will be invested in
Distributed (renewable) Energy Sources between 2020 and 2030.
The iClima Distributed Renewable Energy UCITS ETF, which has a TER of 0.69%,
will track the iClima Distributed Renewable Energy Index
TR, which provides exposure to 50 companies in seven segments directly
related to the growing Distributed Generation (“DER”) business model. Over the past 12 months, the Index has grown
and 322% since inception in 2017. Past performance is no guarantee of future performance. When you trade
ETFs your capital is at risk.
The launch of DGEN, follows the
launch of iClima’s first ETF, iClima Global Decarbonisation Enablers UCITS ETF – CLMA.
CLMA is the world’s first climate change UCITS ETF that provides exposure to
the performance of companies offering products and services that enable CO2e
avoidance. CLMA is unique because it shifts the focus from companies’emission reduction actions to companies offering products
and services that directly enable CO2e avoidance solutions and shines a
spotlight on climate change innovators. .
Past performance is no guarantee of future performance. When you trade
ETFs your capital is at risk.
Gabriela Herculano, CEO of iClima Earth said founder of
Distributed Renewable Energy UCITS ETF
said: “Our aim is to redefine climate change
investments by shifting the focus from companies’ emission reduction actions,
to organisations offering products and services that enable CO2e avoidance
solutions. These “climate champions” are companies delivering impactful
solutions measured by potential avoided emissions of their products.
“Our new decentralised
energy ETF, DGEN,
offers investors the opportunity to do this by investing in companies at the
forefront of the huge and rapidly growing distributed generation renewable
energy market. It shines
a spotlight on the relevant companies enabling electricity generation and storage
using renewable energy sources in a local, decentralised, and modular way.
Flexible technologies in distributed renewable generation collect energy from
many sources, lowering environmental impact and increasing security of supply.”
Hector McNeil, Co-CEO of HANetf said “iClima has a unique and exciting,
positive approach to investing in companies that are at the forefront of
fighting climate change, and we are delighted that they are working with us to develop
their ETFs. iClima is well positioned to
capitalise on the growing focus from investors on ESG.
iClima Distributed Renewable Energy UCITS ETF (DGEN) is yet
another added value and unique HANetf is adding to its burgeoning thematic ETF
portfolio. HANetf innovative platform allows asset managers to launch new ETFs
in record time and offer end investors the themes they are looking for. DGEN is
clearly a great way for investors to invest in these rapidly growing ESG sector
and a great addition to HANetf’s thematic ESG range.”
When you trade renewable energy ETFs your capital is at
Visit the iClima Distributed Renewable Energy UCITS ETF fund page.