energy, Stocks, carbon trading

World Energy Joins NASDAQ

Wade Roush 4/27/09

Worcester, MA-based World Energy, which runs online auctions for energy contracts as well as carbon emissions allowances, said today that its stock will be listed on the NASDAQ exchange under the ticker symbol XWES. Since its 2006 IPO, the company has traded only on the Toronto Stock Exchange, under the system XWE. “Gaining increased exposure to the U.S. investment community through a listing on NASDAQ has always been part of World Energy’s capital markets strategy; I’m glad to say we have achieved this important milestone,” CEO Richard Domaleski said in a statement.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.