UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-03287
New Alternatives Fund, Inc.
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(Exact name of registrant as specified in charter)
150 Broadhollow Road, Suite 306
Melville, New York 11747
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(Address of principal executive offices) (Zip code)
David J. Schoenwald, President
New Alternatives Fund, Inc.
150 Broadhollow Road, Suite 306
Melville, New York 11747
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(Name and address of agent for service)
Registrant's telephone number, including area code: 631-423-7373
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Date of fiscal year end: December 31
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Date of reporting period: July 1, 2006 - June 30, 2007
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Form N-PX is to be used by a registered management investment company, other
than a small business investment company registered on Form N-5 (ss.ss. 239.24
and 274.5 of this chapter), to file reports with the Commission, not later than
August 31 of each year, containing the registrant's proxy voting record for the
most recent twelve-month period ended June 30, pursuant to section 30 of the
Investment Company Act of 1940 and rule 30b1-4 thereunder (17 CFR 270.30b1-4).
The Commission may use the information provided on Form N-PX in its regulatory,
disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-PX, and
the Commission will make this information public. A registrant is not required
to respond to the collection of information contained in Form N-PX unless the
Form displays a currently valid Office of Management and Budget ("OMB") control
number. Please direct comments concerning the accuracy of the information
collection burden estimate and any suggestions for reducing the burden to the
Secretary, Securities and Exchange Commission, 100 F Street, NE, Washington, DC
20549. The OMB has reviewed this collection of information under the clearance
requirements of 44 U.S.C. ss. 3507.
PROXY VOTING RECORD
FOR PERIOD JULY 1, 2006 TO JUNE 30, 2007
Name of Security: Medis Technologies Ltd.
Ticker: MDTL Cusip or Sedol Number: 58500P107
Meeting Type: Annual
Rec. Date: 06/02/06 Meeting Date: 07/18/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For Did not vote
2. To approve amendment to Certificate of
Incorporation to increase number of authorized
shares of common stock from 38,000,000 to
41,500,000 For Did not vote
3. To consider and vote upon proposal to amend
1999 Stock Option Plan to increase number of
shares of common stock available for grant
thereunder from 4,200,000 to 5,000,000 For Did not vote
4. To transact such other business as may
properly come before the annual meeting --- Did not vote
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Name of Security: United Natural Foods, Inc.
Ticker: UNFI Cusip or Sedol Number: 911163103
Meeting Type: Annual
Rec. Date: 10/13/06 Meeting Date: 12/07/06
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To ratify selection of KPMG LLP as
independent registered public accounting firm
for fiscal year 2007 For For
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Name of Security: Ocean Power Technologies Inc.
Ticker: OPTT Cusip or Sedol Number: B05H0N8
Meeting Type: Annual
Rec. Date: 12/07/06 Meeting Date: 01/12/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1.1 Elect Sir Eric A. Ash to Board of Directors --- Did not Vote
1.2 Elect Thomas J. Meaney to Board of Directors --- Did not Vote
1.3 Elect Seymour S. Preston III to Board of
Directors --- Did not vote
1.4 Elect Dr. George W. Taylor to Board of
Directors --- Did not vote
1.5 Elect Charles F. Dunleavy to Board of
Directors --- Did not vote
2. Approve change in Company's state of
incorporation for New Jersey to Delaware --- Did not vote
3. Approval the Company's 2006 Stock Incentive
Plan --- Did not Vote
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Name of Security: Companhia de Saneamento Basico
Ticker: SBS Cusip or Sedol Number: 20441A102
Meeting Type: Special
Rec. Date: 12/22/06 Meeting Date: 01/16/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. To elect members to Board of Directors For For
2. To elect members of fiscal council, members
and alternates For For
3. To establish compensation of management
and fiscal council members For For
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Name of Security: Johnson Controls, Inc.
Ticker: JCI Cusip or Sedol Number: 478366107
Meeting Type: Annual
Rec. Date: 11/16/06 Meeting Date: 01/24/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Ratify PriceWaterhouseCoopers as independent
auditors for 2007 For For
3. Approval of Johnson Controls 2007 stock option
plan For Against
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Name of Security: Commercial Metals Company
Ticker: CMC Cusip or Sedol Number: 201723103
Meeting Type: Annual
Rec. Date: 11/27/06 Meeting Date: 01/25/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Amend and restate company's 1999 non-employee
director stock plan For Abstain
3. To approve the company's 2006 cash incentive
plan For Against
4. To approve company's 2006 long-term equity
incentive plan For Against
5. Ratification of appointment of Deloitte &
Touche LLP as independent auditors for fiscal
year ending August 31, 2007 For For
Shareholder Proposals:
6. Shareholder proposal requesting addition of
sexual orientation to company's written
non-discrimination policy Against For
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Name of Security: FuelCell Energy, Inc.
Ticker: FCEL Cusip or Sedol Number: 35952H106
Meeting Type: Annual
Rec. Date: 02/02/07 Meeting Date: 03/27/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Ratification of selection of KPMG LLP as
independent registered public accounting firm For For
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Name of Security: South Jersey Industries, Inc.
Ticker: SJI Cusip or Sedol Number: 838518108
Meeting Type: Annual
Rec. Date: 02/23/07 Meeting Date: 04/20/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To ratify appointment of Deloitte & Touche LLP
as independent registered public accounting
firm for 2007 For For
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Name of Security: Praxair, Inc.
Ticker: PX Cusip or Sedol Number: 74005P104
Meeting Type: Annual
Rec. Date: 03/01/07 Meeting Date: 04/24/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
Shareholder Proposals:
2. Shareholder proposal regarding director
election process Against For
3. Shareholder proposal regarding stockholder
rights plan vote Against For
Proxy Item Proposals:
4. Proposal to ratify the appointment of the
independent auditor For For
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Name of Security: Canadian Hydro Developers Inc.
Ticker: KHD.TO Cusip or Sedol Number: 2175229
Meeting Type: Annual & Special
Rec. Date: 03/07/07 Meeting Date: 04/26/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Elect the Directors, as specified None For All Nominees
2. Appoint Deloitte & Touche, LLP as Auditors of
the Corporation for ensuing year and authorize
Directors to fix their renumeration None For
3. Amend the stock option plan of the Corporation None Against
4. Approve all unallocated options under the
Corporation's stock option plan for the
ensuing 3 years None Against
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Name of Security: Vestas Wind Systems A/S, RA
Ticker: VWS.CO Cusip or Sedol Number: 5964651
Meeting Type: Annual
Rec. Date: 03/27/07 Meeting Date: 04/26/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Receive report from Board of Directors
on company's activities during past year None For
2. Receive and adopt the annual report None For
3. Approve to apply annual profit of DKK 707m
as follows: transfer to reserve net
revaluation according to equity method DKK
714 and retained earnings DKK (7) m None For
4. Grant discharge to Board of Directors and the
executive management from liability None Against
5.1 Elect Bent Erik Carisen as member of Board
of Directors None Abstain
5.2 Elect Torsten Erik Rasmussen as member of
Board of Directors None Abstain
5.3 Elect Arne Pedersen as member of Board of
Directors None Abstain
5.4 Elect Freddy Frandsen as member of Board of
Directors None Abstain
5.5 Elect Jorgen Huno Rasmussen as member to
Board of Directors None Abstain
5.6 Elect Jorn Ankaer Thomsen as member to Board
of Directors None Abstain
5.7 Elect Kurt Anker Nielsen as member to Board
of Directors None Abstain
6. Re-elect Pricewaterhouse Coppers,
Statsautoriseret Revisionsinteressentskab and
KPMG C. Jespersen, Statsautoriseret
Revisioninteressentskab as the auditors of
the company None For
7.1 Amend Article 5(2) of Articles of Association
so that agenda for OGM will not include an
item regarding decision to discharge the
Board of Directors and Executive Management
from liability None Against
7.2 Amend Article 8(2) and Article 9(1) of
Articles of Association for changing term
'Executive Manager' to Member of the
Executive Management None Against
7.3 Amend the Article 10(1) of Articles of
Association so that the term 'Executive
Manager' to the Member of the Executive
Management and that 2 members of the
Executive Management jointly can bind the
company None Abstain
7.4 Amend the Article 11(1) of Articles of
Association so that the company's annual
report shall be audited by 1 or 2 audit firms None Abstain
7.5 Authorize Board of Directors to acquire
treasury shares of up to a total nominal
value of 10% of the value of company's share
capital at the time in question, Cf. Article
48 of the Danish Companies in the period
until next AGM; the payment for the shares
must not deviate more than 10% from the
purchase price quoted at the Copenhagen Stock
Exchange at the time of acquisition None For
Transact any other business None None
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Name of Security: Badger Meter, Inc.
Ticker: BMI Cusip or Sedol Number: 056525108
Meeting Type: Annual
Rec. Date: 02/28/07 Meeting Date: 04/27/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Approval of Badger Meter 2007 director
stock grant plan For Against
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Name of Security: Companhia de Saneamento Basico
Ticker: SBS Cusip or Sedol Number: 20441A102
Meeting Type: Special
Rec. Date: 04/10/07 Meeting Date: 04/30/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
A1. Analysis of management's accounts and
financial statements, supported by reports of
fiscal council and external auditors For For
A2. Allocation of income of period and transfer
of balance of retained earnings to
investments reserve account For For
A3. Election of Board of Directors and
fiscal council sitting and alternate members For For
A4. Definition of compensation of Board of
Directors, audit committee, fiscal council
and executive office members For For
E1 Analysis of Board of Directors' reverse stock
split proposal at ration of 125:1, i.e. each
125 common shares will correspond to 1 common
share after reverse split For Abstain
E2 Amendment to company's bylaws:article 2,
pursuant to federal law 11,445/07, article 5,
resulting from aforementioned resolution and
Article 28, company's organizational adequacy For Abstain
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Name of Security: Brookfield Asset Management Inc.
Ticker: BAM Cusip or Sedol Number: 112585104
Meeting Type: Annual & Special
Rec. Date: 03/21/07 Meeting Date: 05/02/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. The plan amendment resolution For For
3. The 2007 plan resolution For For
4. The appointment of auditors and authorizing
Directors to fix renumeration to be paid to
the auditors For For
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Name of Security: Ormat Technologies, Inc.
Ticker: ORA Cusip or Sedol Number: 686688102
Meeting Type: Annual
Rec. Date: 04/02/07 Meeting Date: 05/08/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. To ratify selection of Pricewaterhousecoopers
LLP as independent auditors of the company for
fiscal year ending December 31, 2007 For For
3. To approve amendment to company's 2004
incentive compensation plan to increase number
of shares of common stock authorized for
issuance pursuant to the plan by 2,500,000 For Against
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Name of Security: WFI Industries Ltd.
Ticker: WFI.TO Cusip or Sedol Number: 2933881
Meeting Type: Mix
Rec. Date: 03/30/07 Meeting Date: 05/09/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1.1 Elect Timothy E. Shields as a Director None For
1.2 Elect J. David Day as a Director None For
1.3 Elect Thomas C. Dawson as a Director None For
1.4 Elect Charles R. Diltz as a Director None For
1.5 Elect Geoffery Pottow as a Director None For
1.6 Elect James R. Shields as a Director None For
1.7 Elect Bruce Ritchey as a Director None For
2. Appoint Grant Thorton LLP as auditors of
Company and authorize Directors to fix the
auditors's renumeration None For
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Name of Security: SunOpta Inc.
Ticker: STKL Cusip or Sedol Number: 8676EP108
Meeting Type: Annual & Special Meeting
Rec. Date: 03/27/07 Meeting Date: 05/14/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For all Nominees
2. Appointment of PriceWaterhouseCoopers LLP
as auditors for 2007 and to authorize
Directors to fix their renumeration For For
3. Approving amendment to company's 2002 stock
option plan For Against
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Name of Security: Baldor Electric Company
Ticker: BEZ Cusip or Sedol Number: 057741100
Meeting Type: Annual
Rec. Date: 04/02/07 Meeting Date: 05/19/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
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Name of Security: Telvent GIT SA
Ticker: TLVT Cusip or Sedol Number: E90215109
Meeting Type: Annual
Rec. Date: 04/02/07 Meeting Date: 05/24/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Examination and approval of annual accounts
and management report of company corresponding
to financial year 2006, as well as
consolidated financial statements in
accordance with US GAAP for the financial year
2006 For For
2. Approval of proposed distribution of Telvent's
net income for 2006 financial year For For
3. Approval of dividend distribution out of
amounts available for distribution in
voluntary reserve For For
4. Approval of actions of Board of Directors in
the last year For For
5. Approval of Board of Directors compensation For For
6. Reelection or appointment of directors For For
7. Reelection or appointment of auditor of
company and its consolidated group for year
2007 For For
8. Grant of power to Board of Directors to
correct, formalize, execute and/or legalize
all documents memorializing agreements of
shareholders at thismeeting For For
9. Approval of minutes of this meeting in any of
the cases set by law For For
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Name of Security: Aqua America, Inc.
Ticker: WTR Cusip or Sedol Number: 03836W103
Meeting Type: Annual
Rec. Date: 04/02/07 Meeting Date: 05/24/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
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Name of Security: Northwest Natural Gas Company
Ticker: NWN Cusip or Sedol Number: 667655104
Meeting Type: Annual
Rec. Date: 04/05/07 Meeting Date: 05/24/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Director Nominees Election For For All Nominees
2. Reapproval of restated stock option plan For Against
3. Ratification of appointment of
Pricewaterhousecoopers LLP as independent
auditors for year 2007 For For
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Name of Security: Clipper Windpower PLC, London
Ticker: CWP.L Cusip or Sedol Number: G2326A103
Meeting Type: Annual General
Rec. Date: Not Available Meeting Date: 05/30/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Receive and adopt the accounts, together with
Director's and Auditor's reports on those
accounts for YE 31 Dec 2006 None For
2. Re-appoint Deloitte & Touche LLP as
Auditors until conclusion of next AGM and
authorize Directors to fix their renumeration None For
3. Re-appoint Sidney L. Tassin as Non-Executive
Director of Company who retires by rotation
pursuant to Articles of Association None For
4. Re-appoint Albert J. Baciocco, Jr. as
Non-Executive Director of Company who retires
by rotation pursuant to Articles of
Association None For
5. Authorize Directors to allot relevant
securities up to aggregate nominal amount of
GBP 3,562,465 and Directors may allot
relevant securities after expiry of this
authority in pursuance of such offer made
prior to such expiry None For
s6. Authorize Directors to allot equity
securities for cash provided that power is
limited to allotment of equity securities: a)
in connection with rights issue, open offer
or other offers in favor of ordinary
shareholders; and b) up to aggregate nominal
amount of GBP 1,068,739 and authorize
Directors to allot equity securities after
expiry of this authority in pursuance of such
an offer or agreement made prior to such
expiry None For
s7. Adopt amended Articles of Association in form
produced to the meeting and initialed by the
Chairman for purposes of identification None For
8. Amend rules of 2005 unapproved Executive
Share Option Plan by replacing the number 9
million ordinary shares with the number 11
million ordinary shares and authorize
Directors to do all acts necessary or
desirable to bring such amendment into effect None Against
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Name of Security: Kelda Group PLC
Ticker: KEL.L Cusip or Sedol Number: 0987794
Meeting Type: ExtraOrdinary General
Rec. Date: Not Available Meeting Date: 06/01/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
S.1 Approve: conditional on admission to Official
List of UK Listing authority and to trading
on London Stock Exchange Plc's main market
for listed securities becoming effective by
8:00 a.m. on 18 Jun 2007 of non-cumulative
preference shares 1penny each (the B shares) None For
2. Authorize Directors subject to passing of
Resolution S.1 to allot relevant securities
up to aggregate nominal value of GBP 18.4
million None For
S.3 Authorize Directors subject to passing of
Resolution S.1 and pursuant to Section 95 of
the Companies Act to allot equity securities
(Section 94(2) for cash: a) in connection
with rights issue, open offer or other offers
in favor of ordinary shareholders; and b) up
to aggregate nominal amount of GBP 2.8
million None For
S.4 Authorize Company, subject to passing of
Resolution S.1 and being unconditional in
accordance with its terms to make market
purchases of up to 27.5 million new ordinary
shares None For
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Name of Security: Kyocera Corporation
Ticker: KYO Cusip or Sedol Number: 5015556203
Meeting Type: Ordinary General Meeting
Rec. Date: 03/30/07 Meeting Date: 06/27/07
Agenda Item Description
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Proxy Item Proposals: Mgt Rec.: How Voted:
1. Approval of disposition of Surplus --- For
2. Election of twelve Directors --- For
3. Election of one Corporate Auditor --- For
4. Election of Accounting Auditor For For
5. Approval of bonuses to Directors and Corporate
Auditors --- For
6. Reelection or appointment of directors --- Abstain
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Registrant New Alternatives Fund, Inc.
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By (Signature and Title)* /s/ David J. Schoenwald
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David J. Schoenwald, Chief Executive Officer
(Principal Executive Officer)
Date August 23, 2007
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*Print the name and title of each signing officer under his or her signature.