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Company Information for Camco International

Company stock charts - 12 Month chart

Exchange AIM; CAO


View full financial data

Company Statement

Solutions to Climate Change
Camco is a leading carbon asset developer with one of the world’s largest carbon credit portfolios. We generate carbon credits by partnering with companies to identify, develop and manage projects that reduce greenhouse gas emissions. Camco then arranges the sale and delivery of carbon credits to international compliance buyers and into the voluntary market.

Camco is a market leader in China and Russia - two of the largest potential markets for carbon credits - as well as in Eastern Europe and Africa. We are also developing projects and managing carbon emissions in North America, a significant market not currently covered by the Kyoto Protocol flexible mechanisms.

Our innovation, breadth of experience and diversity of expertise have resulted in a number of milestone projects and industry awards. Camco was voted Best Project Developer in a 2007 survey of carbon industry participants undertaken by Point Carbon. The Yangquan Coal Mine Methane (CMM) project, the world’s largest CMM project, was voted Carbon Transaction of the Year by Environmental Finance magazine.

Industry focus:

  • Biomass & biofuels
  • Land use & forestry
  • Methane
  • Renewables
  • Industrial waste gas


Operations and Technology

Our Carbon Portfolio
Many large industrial companies have project opportunities that can result in significant reductions in greenhouse gases. Camco helps identify where the reductions can take place and will work closely with the seller and buyer to ensure the project generates and delivers the resultant carbon credits. In order to achieve this, Camco has to manage the multiple internal and external counterparties involved to ensure that the carbon credits are produced.

By May 2007, Camco had developed a contracted project portfolio expected to generation in excess of 118 million carbon credits up to the end of 2012. Host county approval letters are in place for over half of these emission reduction projects.

Two projects developed by Camco as “industry firsts” have been sold to buyers under Emission Reduction Purchase Agreements (ERPA). The first is an 18 million tonne coal mine methane project under a methodology authored ‘in-house’, and an 12 million tonne industrial waste gas project. Both projects are registered with UNFCCC Executive Board. In total, projects expected to generate over 30 million credits have been registered.

Camco’s project development activities are in China and south east Asia, Russia and the former Soviet Union, sub-Saharan Africa and Eastern Europe. Our main sector focus is on energy efficiency from large industrial facilities, coal mine methane, and renewable energy.

With Europe’s emission trading scheme providing the majority of demand for Kyoto flexible mechanism CDM and JI credits, the London and Vienna offices undertake the investor and buyer relations activities of the Group.

Our Role in the Global Carbon Market
Camco's origination activity focuses on existing and new industrial operations and processes that have the potential to generate substantial greenhouse gas (GHG) emissions reductions.

Qualification of carbon credit opportunities is achieved by applying a methodology necessary for the project to comply with requirements under Joint Implementation (JI) or the Clean Development Mechanism (CDM) under the Kyoto Protocol.

Camco also has the expertise to develop new methodologies for accessing significant carbon credit opportunities in new sectors / processes. We have been one of lead authors of 3 methodologies:

  • AM0024 - Waste heat utilisation for power generation in cement plants
  • ACM0008 - Use of Coal Mine Methane (CMM) for power generation
  • AM0028 - Catalytic N2O destruction in the tail gas of Nitric Acid Plants
  • Once projects have been registered and commissioned, Camco provides technical support to ensure successful verifications using its own in-house expertise and processes.

To place carbon credits in the international carbon market, Camco works closely with project owners in structuring transactions with carbon credit purchasers.

Our unique position as long term trusted project partner allows us to secure optimal value from the placement of the carbon assets in the market. This is especially important as international emissions trading markets develop, and an ever-increasing range of complex deal structures are introduced.

Camco can also provide early stage project design support, provision of project development acceleration funds and access to finance.


Geographical Spread

UK

China

Russia

USA

Malaysia

Austria

South Africa


Board of Directors and Key Management

Dr Jeff Kenna, CEO and Executive Director
Scott McGregor, Chief Financial Officer and Executive Director
David Potter, Chairman and Non-Executive Director
Michael Farrow, Non-Executive Director
Herta von Stiegel, Non-Executive Director

Company Address

Channel House
Green Street
St. Helier
Jersey, Alderney, United Kingdom JE2 4UH

Telephone:+44 20 7256 7979
Facsimile:+44 20 7665 1871
Email:info[at]camco-international.com
Website:http://www.camco-international.com

Additional Address/Key Contact

Investor and Buyer Relations London
17 Cavendish Square
London
W1G 0PH
t: +44 20 7256 7979
f: +44 20 7665 1871

ESD has offices in the UK, Africa, Bulgaria and China.

Capital

Number of Shares in Issue - 166,151,068

Nominated Brokers

KBC Peel Hunt
Address 4th Floor
111 Old Broad Street
London
EC2N 1PH
Telephone +44 (0)20 7418 8900
Fax +44 (0)20 7417 4686

Nominated Advisors

KBC Peel Hunt
Address 4th Floor
111 Old Broad Street
London
EC2N 1PH
Telephone +44 (0)20 7418 8900
Fax +44 (0)20 7417 4686

Major Shareholders

Major Shareholders Information
Major Shareholders Amount % Holding
Tudor BVI Global Portfolio Ltd 25,854,999 15.56%
Clearworld Energy Ltd 19,905,000 11.98%
Fidelity Investment Mgrs Ltd 13,884,286 8.36%
Greenergy International Ltd 8,157,639 4.91%
Josef Wildburger 6,368,312 3.83%
Allianz SE 6,185,000 3.72%
Lehman Brothers 5,903,500 3.55%
MPC Investors Ltd 5,432,670 3.27%

Related News

15/09/08 - Camco: Time For A Re-rating?
26/02/08 - Camco’s Jeff Kenna Expects To Take The Company Into Profitability This Year
14/06/07 - Camco’s Recent Acquisitions Position It To Grow In The Voluntary Carbon Market

Most Recent Statement

07/01/08 - Trading update
18/12/07 - Climate Leaders Joint Venture update
03/12/07 - Landfill methane acquisition in the USA
05/08/07 - Camco International - Holding(s) in Company
25/07/07 - Camco International - Director/PDMR Shareholding
22/07/07 - Camco International - Placing

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