28 Apr 2010 07:00
April 28 2010
Camco's Advisory Business project wins
In the first quarter of 2010 Camco's Advisory Business won new contracts amounting to £2.4 million in fees. The main service areas have been energy management, carbon management and sustainable energy solutions. The bulk of the work comes from the private sector mainly the industrial, manufacturing and property sectors.
Camco is pleased to report that the first quarter of 2010 was the most profitable first quarter in the history of Camco's Advisory Unit. The Advisory Business has been consistently improving its profitability, reflecting strong management, ongoing restructuring efforts and the improvement of market conditions in the UK.
Camco Advisory specialises in energy management and sustainable energy solutions with operations in the UK, Africa, China and the US. With over two decades of operations the Advisory business unit has a unique combination of skills and experience translating into successful low carbon energy and sustainable solutions.
Scott McGregor CEO "I am happy to report that the advisory unit has exceeded its targets for the quarter. The unit has turned profitable and has won sizeable contracts reflecting the quality of our work worldwide."
Enquiries:
| Camco | +44 (0)20 7121 6100 |
| Scott McGregor, Chief Executive Office |
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| Graeme Halder, Chief Financial Officer |
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| KBC Peel Hunt Ltd (Nominated Adviser and Broker) | +44 (0)20 7418 8900 |
| Jonathan Marren |
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| David Anderson |
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| Gavin Anderson | +44 (0) 20 7074 1800 |
| Ken Cronin |
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| Kate Hill |
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| Matt O'Leary
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About Camco
Camco is a global emissions reduction company providing project development, advisory and commercial expertise in the clean energy space.
Camco has a 20-year track record of operations in China, US, Russia, the UK and Africa, bringing together the distinct but complementary service areas of Carbon, Advisory and Investments to help its clients and partners manage all aspects of reducing emissions.
The Carbon business unit has developed one of the largest emission reduction portfolios by working closely with companies to identify and develop projects that reduce greenhouse gas ("GHG") emissions. The team has structured groundbreaking and innovative transactions for the sale and delivery of certified emission reductions to compliance and voluntary buyers.
The Advisory business unit combines strategic, commercial, financial and technical expertise accrued over two decades to deliver low carbon energy and sustainable development solutions. Our experience spans emission assessments, carbon management strategies and project delivery, as well as international energy and climate change policy.
Camco's Investment business unit collaborates with manufacturers, project developers, technology providers and investor groups in our chosen sectors to develop emission reduction projects. We work locally in our markets to identify, develop and deliver projects in methane abatement, industrial energy efficiency and renewable energy.