Baird Initiates Coverage of Clean Technology Stocks

Baird, an international, employee-owned wealth management, capital markets, private equity and asset management firm, has initiated coverage of a number of Clean Technology stocks, led by Senior Research Analyst Michael Horwitz. Horwitz, who joined Baird earlier this year, is based in Baird’s San Francisco office.

Horwitz has initiated coverage on the following Clean Technology stocks: Calgon Carbon Corp. (CCC, Outperform); Comverge Inc., (COMV, Neutral); Covanta Holding Corp. (CVA, Outperform); Energy Recovery, Inc. (ERII, Neutral); EnerNOC, Inc. (ENOC, Neutral); First Solar, Inc. (FSLR, Neutral); Itron, Inc. (ITRI, Neutral); Maxwell Technologies (MXWL, Outperform); Ormat Technologies, Inc. (ORA, Outperform); and SunPower Corporation (SPWRA, Neutral).

This Clean Technology initiative complements Baird’s extensive coverage in Industrial, Services and Technology. Baird covers more than 565 companies.

About Baird
Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 2,400 associates serving the needs of individual, corporate, institutional and municipal clients. Baird oversees and manages client assets of more than $62 billion. Committed to being a great place to work, Baird ranked number 14 on FORTUNE’s “100 Best Companies to Work For” in 2009 – its sixth consecutive year on the list. Baird’s principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s private equity operations. For more information, please visit Baird’s Web site at www.rwbaird.com.