Camco Clean Energy PLC Change of Adviser and Broker (5715E)
February 11 2015 - 1:01AM
UK Regulatory
TIDMCCE
RNS Number : 5715E
Camco Clean Energy PLC
11 February 2015
Wednesday 11 February 2015
Camco Clean Energy plc
Change of Adviser and Broker
Camco Clean Energy plc (AIM:CCE), the clean energy and energy
storage company announces that finnCap Limited has been appointed
as Nominated Adviser ("NOMAD") and Broker with immediate
effect.
Enquiries:
Camco Clean Energy plc +44 (0) 20 7121 6100
Scott McGregor, Chief Executive Officer
Jonathan Marren, Chief Financial Officer
finnCap (Nominated Adviser and Broker) +44 (0) 207 220 0500
Julian Blunt/James Thompson (Corporate Finance)
Tony Quirke (Corporate Broking)
Newgate Communications (Financial PR)
Tim Thompson, Helena Bogle, Edward Treadwell +44 (0) 207 653 9850
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 brought an advanced energy storage
technology to market (REDT energy), secured an investment advisory
fund mandate for African renewables, and has developed utility
scale biogas plants in the US.
About REDT energy
REDT has developed a new and proprietary energy storage
technology which enables the efficient and sustainable storage of
electrical energy in liquid form. The multi-valent properties of
the Vanadium Redox electrolyte are used to provide a storage medium
of virtually unlimited life with a system able to last more than
10,000 deep charge/discharge cycles. Combined with its very low
maintenance requirements, REDT systems are able to deliver some of
the lowest Total Cost of Ownership (TCO) results in the industry.
Long discharge durations are achieved by the simple addition of
extra electrolyte capacity at a relatively low marginal cost.
Until now it has not been possible to directly compare variable
RE generation with firm diesel or fossil fuel generation. PV +
Storage is now reaching 'grid parity' in many countries, a paradigm
shift in energy production, which will ultimately enable the
complete displacement of conventional fossil fuel power with
renewable generation. The REDT system has applications in remote
power, smart grids, power quality, and all aspects of renewable
energy management.
This information is provided by RNS
The company news service from the London Stock Exchange
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