RED.L Regulatory News (RED)

12 Mar 2008 07:02

Camco International Ltd12 March 2008 Camco voted "Best Project Developer 2008" Camco International Limited ("Camco"), a leading climate change business in thegrowing carbon and sustainable development markets, has been voted "Best ProjectDeveloper 2008" by Point Carbon. The announcement at the Carbon Market Insights2008 conference in Copenhagen followed a survey of the most active globalparticipants in the carbon market. Jeff Kenna, CEO of Camco, said: "We are delighted that our peers selected us asthe best project developer for the second year in a row. This is an endorsementof our success in identifying, co-developing and managing large scale industrialprojects that reduce greenhouse gas emissions. This award would not have beenpossible without our dedicated staff and the excellent long term relationshipswe have built with project owners and partners around the world." "Camco provided outstanding examples of excellence in project development in2007. The company has shown its great expertise in tackling climate change withits local presence and global reach," said Per-Otto Wold, CEO of Point Carbon. As of 29 February 2008 Camco had a contracted portfolio of carbon credits of150.1 million tonnes, one of the largest and most mature portfolios in thesector. With a 20-year track record, Camco offers a full range of carbon-relatedservices to public and private organisations worldwide. Camco's internationalnetwork of offices and experts establish long term partnerships that create realvalue for clients. Camco's presence on the ground enables the company tounderstand the challenges its clients face every day, and provide localsolutions to a global issue. Enquiries: The Camco Group +44 (0)20 7121 6100 Jeff Kenna, CEOScott McGregor,CFO Gavin Anderson +44 (0)20 7554 1400 Ken CroninKate HillDaniela Stawinoga Notes to editors: The Camco Group is a leading climate change business in the growing carbon andsustainable energy markets. We offer a full range of carbon-related services topublic and private organisations worldwide. The Group has a 20-year track recordand manages one of the world's largest carbon credit portfolios. The Group consists of three business segments: The Camco carbon assets business is a leading project developer with one of theworld's largest carbon credit portfolios. We partner with companies to identify,develop and manage projects that reduce greenhouse gas emissions, and thenarrange the sale and delivery of carbon credits to international compliancebuyers and into the voluntary market. The consulting practice consists of Bradshaw, ECCM, ESD and ESD Sinosphere. Itcombines specialist technical, strategic and financial expertise and experienceaccrued over two decades to deliver a sustainable low carbon society. We arepositioned to work with our clients to turn climate change liabilities intoeconomic, social and environmental assets. Camco Ventures works with project and technology developers, early stagebusinesses and investor Groups to commercialise climate change mitigation technologies, projects and services. Part of this business is the Climate Leaders' asset management vehicle. Point Carbon is a world leading provider of independent news, analysis andconsulting services for European and global power, gas and carbon markets. PointCarbon's comprehensive services provide professionals with market-movinginformation through monitoring fundamental information, key market players andbusiness and policy developments. This information is provided by RNS The company news service from the London Stock Exchange