Camco Acquires a Portfolio of US Emission Reductions Projects
(Camco, AIM:CAO), a global developer of emission reductions and clean energy
projects, has acquired a portfolio of emission reduction projects from
Greenhouse Gas Services (GHGS).
The operational projects acquired include reductions from agricultural
waste-to-energy installations and landfill gas projects and it is anticipated
that they will generate emission reductions in excess of 100,000 tonnes of
CO2e per annum. In addition, Camco has acquired rights to additional emission
The acquisition expands Camco’s presence as a leading developer in the
agricultural waste-to-energy sector in
provider of offsets from livestock projects through the Climate Action
Reserve (CAR). Camco now has livestock projects anticipated to deliver over
90,000 CRTs per annum registered with CAR. Camco anticipates registering
additional projects in the second half of 2010 that will increase future
strong track-record, are well managed and provide a pipeline of high quality
offsets for future delivery. They add to and complement Camco’s existing
portfolio of similar projects. The acquisition will help to expand upon our
efforts as a leader in the developing emissions to energy market in the US.”
Notes to editors:
Camco International Limited (Camco, AIM: CAO) is a global developer of
emission reductions and clean energy projects with operations in the US, the
Camco has a 20 year track record in project development, technical
delivery and policy development, working with local industry, multinational
companies, governments and regulatory bodies.
Camco’s Clean Energy Project Development and Investment teams collaborate
with industry, project developers, equipment providers and investor groups to
create emissions-to-energy projects and maximise sustainable energy
production across a range of industries; including agricultural methane,
industrial energy efficiency, coal mine methane, municipal solid waste,
biomass and landfill gas.
The Carbon Project Development business has created one of the largest
emission reductions portfolios and has structured groundbreaking and
innovative arrangements for the sale and delivery of emission reductions to
compliance and voluntary buyers.
The Energy and Carbon Advisory teams provide strategic, commercial and
technical expertise accrued over two decades to deliver low carbon energy and
sustainable development solutions.
http://www.camcoglobal.com Enquiries: Camco +44(0)20-7121-6100 Scott McGregor, Chief Executive Officer Graeme Halder, Chief Financial Officer M:Communications (Public Relations Advisor) Charlotte Kirkham +44(0)20-7920-2331 Elly Williamson +44(0)20-7920-2339 Patrick d'Ancona +44(0)20-7920-2347
SOURCE Camco International Limited