On the one hand, EIG members recently approved a
proposal for a community investment in CoPower green bonds, which
support small-scale clean energy and energy efficient projects – a move made
even sweeter by noting that Canada is ahead of the US in making available this
kind of platform to individual investors.
On the other hand, a game-changing announcement
that Amazon is buying out long-time EIG holding Whole Foods.
In fact, EIG sold all its shares in Whole Foods last November, when it appeared
to be struggling with competition from mainstream grocery stores offering more
and more fresh, organic produce, albeit at US$31 /share, compared with the
US$42 / share that Amazon is offering. Oh well, you win some you lose
some!
