Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

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<ul><li>US clean energy advances include LA’s Forest Road launching a $750-million CenterNode fund for small-scale (5-10 MW) solar and battery projects hit by Trump’s OBBB Act, which axes tax credits post-July 2026, targeting quick financing for community and off-grid sites amid surging demand.</li><li>Northeast Arkansas farmers are scaling canola production to 1 million acres for Chevron/Bunge renewable jet fuel.</li><li>Go Green Restoration leads eco-friendly water damage restoration in Southern California with 24/7 services. </li></ul>

US clean energy advances include LA’s Forest Road launching a $750-million CenterNode fund for small-scale (5-10 MW) solar and battery projects hit by Trump’s OBBB Act, which axes tax credits post-July 2026, targeting quick financing for community and off-grid sites amid surging demand.Northeast Arkansas farmers are scaling canola production to 1 million acres for Chevron/Bunge renewable jet fuel.Go Green Restoration leads eco-friendly water damage restoration in Southern California with 24/7 services. 

Sustainable Investing Surveyor : Focus on ClearSign Technologies - 6 April 2026

<ul><li>The WTR Sustainable Index was up 3.6% W/W versus the S&amp;P 500 Index (up 4.7%), the Russell 2000 Index (up 8.6%) and the Nasdaq Index (down 3.7%).</li><li>Energy Technology (13.8% of the index) was down 0.3%, while Industrial Climate and Ag Technology (48.0% of the index) was up 5.3%, ClimateTech Mining was down 3%, and Advanced Transportation Solutions (20.8% of index) was up 3.2%.</li><li>Top 10 Performers: EXROF, FREY, GWTI-US, ZEV, BE, PSIX, NEOV, LICY, SMR-US</li></ul>

The WTR Sustainable Index was up 3.6% W/W versus the S&amp;P 500 Index (up 4.7%), the Russell 2000 Index (up 8.6%) and the Nasdaq Index (down 3.7%).Energy Technology (13.8% of the index) was down 0.3%, while Industrial Climate and Ag Technology (48.0% of the index) was up 5.3%, ClimateTech Mining was down 3%, and Advanced Transportation Solutions (20.8% of index) was up 3.2%.Top 10 Performers: EXROF, FREY, GWTI-US, ZEV, BE, PSIX, NEOV, LICY, SMR-US

Sustainable Investing Surveyor - November 11, 2024

<ul><li>The WTR Sustainable Index was up 2.2% W/W versus the S&amp;P 500 Index (up 1.4%), the Russell 2000 Index (up 2.1%) and the Nasdaq Index (up 1.4%).</li><li>Energy Technology (13.5% of the index) was up 0.7%, while Industrial Climate and Ag Technology (47.4% of the index) was up 2.2%, ClimateTech Mining was up 2.1%, and Advanced Transportation Solutions (20.0% of index) was up 3.6%.</li><li>Top 10 Performers: REE, NGPHF, LICY, SUNW, MVST, FTCI, ENG, GCEH, ORGN, IPWR</li></ul>

The WTR Sustainable Index was up 2.2% W/W versus the S&amp;P 500 Index (up 1.4%), the Russell 2000 Index (up 2.1%) and the Nasdaq Index (up 1.4%).Energy Technology (13.5% of the index) was up 0.7%, while Industrial Climate and Ag Technology (47.4% of the index) was up 2.2%, ClimateTech Mining was up 2.1%, and Advanced Transportation Solutions (20.0% of index) was up 3.6%.Top 10 Performers: REE, NGPHF, LICY, SUNW, MVST, FTCI, ENG, GCEH, ORGN, IPWR

Sustainable Investing Surveyor - Focus on Alto Ingredients, Inc. (ALTO)

<ul><li>The WTR Sustainable Index was down 0.8% W/W versus the S&amp;P 500 Index (up 0.6%), the Russell 2000 Index (up 0.8%), and the Nasdaq Index (up 0.2%).</li><li>Energy Technology (14.5% of the index) was down by 3.0%, while Industrial Climate and Ag Technology (60.3% of the index) was up by 0.2%, ClimateTech Mining was down 5.3%, andAdvanced Transportation Solutions (19.6% of index) was down 2.6%.</li><li>Top 10 Performers: NRM, VIHD, OESX, FNI, DCFC, PNPN, SMR, LICY, ASYS, PSIX</li></ul>

The WTR Sustainable Index was down 0.8% W/W versus the S&amp;P 500 Index (up 0.6%), the Russell 2000 Index (up 0.8%), and the Nasdaq Index (up 0.2%).Energy Technology (14.5% of the index) was down by 3.0%, while Industrial Climate and Ag Technology (60.3% of the index) was up by 0.2%, ClimateTech Mining was down 5.3%, andAdvanced Transportation Solutions (19.6% of index) was down 2.6%.Top 10 Performers: NRM, VIHD, OESX, FNI, DCFC, PNPN, SMR, LICY, ASYS, PSIX

Sustainable Investing Surveyor - Focus on Spruce Power Holding Corporation (SPRU)

<ul><li>The WTR Sustainable Index was down by 1.1% W/W versus the S&amp;P 500 Index (up 2.3%), the Russell 2000 Index (up 1.6%), and the Nasdaq Index (up 3.0%).</li><li>Energy Technology (12.5% of the index) was up by 1.5%, while Industrial Climate and Ag Technology (55.5% of the index) was up by 1.4%, ClimateTech Mining was down 3.0% and Advanced Transportation Solutions (24.2% of index) was down 8.1%.</li><li>Top 10 Performers: GOEV, AMTX, ZEV, LICY, LIDR, EVTV, FFIE, KULR, MVST, NEOV</li></ul>

The WTR Sustainable Index was down by 1.1% W/W versus the S&amp;P 500 Index (up 2.3%), the Russell 2000 Index (up 1.6%), and the Nasdaq Index (up 3.0%).Energy Technology (12.5% of the index) was up by 1.5%, while Industrial Climate and Ag Technology (55.5% of the index) was up by 1.4%, ClimateTech Mining was down 3.0% and Advanced Transportation Solutions (24.2% of index) was down 8.1%.Top 10 Performers: GOEV, AMTX, ZEV, LICY, LIDR, EVTV, FFIE, KULR, MVST, NEOV

Weekly Sustainable Investing Surveyor - NWeek Ended March 22, 2024

Canada

Li-Cycle Holdings Corp. operates as a holding company. The Company, through its subsidiaries, provides lithium-ion battery recycling and resource recovery solutions. Li-Cycle Holdings serves customers in Canada.

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Li-Cycle Holdings (LICY US)

Sustainable Investing Surveyor : Focus on ClearSign Technologies - 6 April 2026

US clean energy advances include LA’s Forest Road launching a $750-million CenterNode fund for small-scale (5-10 MW) solar and battery projects hit...

Water Tower Research

Sustainable Investing Surveyor - November 11, 2024

The WTR Sustainable Index was up 3.6% W/W versus the S&P 500 Index (up 4.7%), the Russell 2000 Index (up 8.6%) and the Nasdaq Index (down 3.7%).

Water Tower Research

Sustainable Investing Surveyor - Focus on Alto Ingredients, Inc. (ALTO)

The WTR Sustainable Index was up 2.2% W/W versus the S&P 500 Index (up 1.4%), the Russell 2000 Index (up 2.1%) and the Nasdaq Index (up 1.4%).

Water Tower Research

Sustainable Investing Surveyor - Focus on Spruce Power Holding Corporation (SPRU)

The WTR Sustainable Index was down 0.8% W/W versus the S&P 500 Index (up 0.6%), the Russell 2000 Index (up 0.8%), and the Nasdaq Index (up 0.2%).

Water Tower Research

Weekly Sustainable Investing Surveyor - NWeek Ended March 22, 2024

The WTR Sustainable Index was down by 1.1% W/W versus the S&P 500 Index (up 2.3%), the Russell 2000 Index (up 1.6%), and the Nasdaq Index (up 3.0%).

Water Tower Research

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