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Domini Launches the European Stock Fund

Domini Social Investments, a leading manager of mutual funds for socially responsible investors, has launched the Domini European Social Equity Fund, a new mutual fund for U.S. social investors devoted entirely to the stocks of European companies. The Domini European Social Equity Fund will commence operations on October 3, 2005. Investors may participate in a subscription period that began on September 1. Investor class shares and A shares are available. “We believe that there are attractive investment opportunities in Europe ? for mutual fund investors generally, and social investors in particular,” said Amy Domini, Domini’s founder and CEO. “European companies are driving the economic integration of the region. Europe has a trade surplus and relatively high rates of household income and savings. In addition, European stocks are relatively low-priced.” “Investing in Europe gives social investors the opportunity to invest in public transportation, which is an important part of the region’s economy,” according to Steven D. Lydenberg, Domini’s Chief Investment Officer. “Europe is committed to the Kyoto Protocol on global warming, so we’re seeing significant growth in alternative energy. Almost three-quarters of new windpower capacity installed in the world last year was in Europe. Three-quarters of the world’s vaccines also come […]

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WorldWater Acquires Quantum Energy Group

WorldWater & Power Corp. (OTC Bulletin Board: WWAT.OB), developer of proprietary high-power solar systems, announced the acquisition of MJD Solutions, Inc., d/b/a Quantum Energy Group, to assist with the design and construction of WorldWater projects. Quantum Energy Group, an energy, construction, and project management company based in Applegate, California, has completed more than 400 residential, commercial and institutional installations. They have been licensed contractors in the State of California since 1984, and as MJD Solar, began marketing and installing photovoltaic systems in California in 2001. With a background in engineering, design and construction, they have grown rapidly in California and have come to be recognized as a leader in photovoltaic design and installation. The stock purchase of Quantum adds an important expansion of design and delivery capability to WorldWater’s portfolio of solar electric and water management projects. WorldWater & Power will be assuming Quantum Energy Group’s backlog of business in California, as well as its pipeline of new business opportunities. Website: [sorry this link is no longer available]     

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