Project Developer of the Year Award

RNS Number : 6638D

Camco Clean Energy PLC

01 April 2014

 

Camco Clean Energy plc

Project Developer of the Year Award

Camco Clean Energy ("Camco‟, AIM : CCE), today announces that it has received a "2014 Project Developer Award" from the Climate Action Reserve (operators of one of North America's leading offset registries). This is the first year such an award has been presented and it was received at the Navigating the American Carbon World conference in San Francisco, which attracts the largest audience of any carbon market and climate policy event in North America. The award recognizes Camco's outstanding leadership and innovation in the development of offsets through working with project owners, the Climate Action Reserve, verifiers, regulators and other stakeholders. Camco has been working with the Climate Action Reserve since 2008 and now manages 20 projects on the Reserve generating consistent volumes of offsets as Climate Reserve Tonnes ("CRTs") on an annual basis. These CRTs are then converted into California Carbon Offsets ("CCOs") for use in California's cap-and-trade program.

Charles Purshouse, Vice President of Camco North America, said :

"Camco is delighted to receive the inaugural Project Developer of the Year award from the Climate Action Reserve. This award is recognition of our excellence in delivering projects and meeting the requirements of project owners and offset buyers since listing our first project in 2008. Our ability to now list, register and manage a large number of projects is testament to the hard work, expertise and focus of our team in North America. We look forward to continuing to work with the Reserve to expand and optimize our portfolio."

Enquiries:

Camco Clean Energy plc                                          [phone]

Scott McGregor, Chief Executive Officer

Jonathan Marren, Chief Financial Officer

N+1 Singer(Nominated Adviser and Broker)             [phone]

Andrew Craig

Ben Wright

About Camco Clean Energy

Camco Clean Energy plc (AIM: CCE) is a clean energy development company which combines technical and commercial expertise to finance, develop, and operate renewable energy projects and storage technology.

With 25 years of experience and an outstanding track record throughout Asia, North America, Africa and Europe, Camco works with local developers, governments, development banks, and private investors to implement clean energy projects, policies, and technologies and reduce emissions.

In the last year, Camco has developed utility scale biogas plants in the US, managed the funding of a number of smaller scale solar and biogas projects in Africa, and brought an advanced energy storage technology to market (REDTenergy).

 

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