Energy Efficiency Is Winner After Fukushima, Impax’s Simm Says

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Energy-efficiency companies are the “stand-out” winners after Japan’s atomic-power disaster that resulted from the March 11 earthquake and tsunami, Impax Asset Management Group Plc Chief Executive Officer Ian Simm said.

Rising oil prices, political unrest in countries from Libya to Bahrain and Germany’s retreat from nuclear energy after Tokyo Electric Power Co.’s Fukushima Dai-Ichi suffered a reactor meltdown have boosted interest in environmental markets, a sector that includes efficiency, renewable power and water management, Simm said today in a telephone interview.