Bringing you live news and features since 2006 

Solactive launches new energy infrastructure enhanced index


Solactive has announced the launch of Solactive Energy Infrastructure Enhanced Index, which is designed to represent the performance of companies in the energy infrastructure and renewable electricity sector. 

The index utilises a modified equal-weighting methodology, which takes into account factors such as company size, quality, and growth performance. Solactive writes that this approach ensures a balanced representation of the sector’s key players. With a regional focus on the United States and Canada, the index captures the growth potential and opportunities within the energy infrastructure market in these regions.

The Index is tracked by the Goldman Sachs North American Pipelines & Power Equity ETF which will provide investors exposure to equity securities of U.S. and Canadian listed companies, including companies secreted as Master Limited Partnerships (MLP), operating in the pipelines and power universe. The ETF’s quarterly rebalancing frequency ensures that it remains aligned with the evolving market landscape and captures the most up-to-date representation of the sector.

The ETF has been listed on the Cboe BZX Exchange under the ticker symbol “GPOW” on 13 July 2023. Timo Pfeiffer, Chief Markets Officer at Solactive, says: “We are pleased to collaborate with Goldman Sachs Asset Management in bringing forth this exciting investment solution. The launch of the ETF tracking the Solactive Energy Infrastructure Enhanced Index demonstrates our shared commitment to meeting the evolving needs of investors in the dynamic energy infrastructure and renewable electricity industry.”

Kyri Loupis, Co-Chief Investment Officer of the Liquid Real Assets business in Fundamental Equity within Goldman Sachs Asset Management, says: “As one of the largest asset managers in the energy infrastructure sector, the launch of GPOW further demonstrates the expertise of our business. We have designed a product for clients that we feel provides more complete exposure to the energy infrastructure sector relative to other investment options –including conventional energy businesses, master limited partnerships, and renewable companies– while also being packaged in a tax efficient vehicle that applies the principles of active management in a rules-based framework.”

Michael Crinieri, Global Head of Exchange Traded Funds at Goldman Sachs Asset Management, says: “The launch of GPOW furthers our commitment to the energy sector by delivering a transparent and innovative investment solution that meets our client’s needs. GPOW’s underlying Index was developed with input from our energy specialists and reflects the global breadth and expertise of our franchise, combined with the fundamental thought process of our Fundamental Equity portfolio managers. We look forward to the potential long-term impact in this industry by delivering our clients diversified exposure to the energy sector focused both on quality and growth.”

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by