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Green Firms From China Get an Index

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BEIJING—Silicon Valley venture-capital firm VantagePoint Venture Partners sifted through about 2,500 Chinese companies in everything from nuclear power to batteries to create an index of publicly traded Chinese companies in the low-carbon sector to raise the profile of the burgeoning segment.

VantagePoint, which is a major shareholder in electric-vehicle maker Tesla Motors Inc. among other alternative-energy and technology start-ups, launched the 35-company China Low Carbon Index on Saturday. Its partner, China Beijing Environmental Exchange, a city-government-backed financial institution seeking to become a trading platform for environmental stocks, will publish the index on its website, VantagePoint said.

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