We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Camco Clean | CCE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 6.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 6.75 | 6.75 |
| Top Posts |
|---|
Posted at 17/11/2015 07:26 by skippybragagnolo Thanks Sygvard, ADVFN on the ball as usual.RNS17 November 2015Camco Clean Energy plcProposed Sale of US Biogas AssetsThe board of Camco Clean Energy plc ("Camco" or the "Company") is pleased to announce that it has reached a conditional agreement to sell its US biogas assets for an initial consideration of $4.6m and up to an additional $1.0m of deferred consideration dependent on the fulfilment of certain conditions ("Transaction"). Background to the TransactionOn 30 September 2015 the Company announced that following completion of the roll-in of the minority interests in Renewable Energy Dynamics Holdings Limited, its RedT Energy Storage business would become the primary focus for Camco. It also announced that it would continue with its Africa Fund Advisory business and was continuing to progress the ongoing strategic review of its remaining US activities. Through the strategic review, the board has concluded that it is in the best interests of the Company to pursue the Transaction so as to provide additional resource to enable further investment in the RedT Energy Storage. Following completion of the Transaction, the Company will have materially enhanced resources and will have a debt free balance sheet. Principal Terms of the TransactionUnder the terms of the Transaction, the Company has conditionally agreed to sell its entire interests in AG Power Jerome, LLC (which owns the Jerome biogas facility) and AG Power DCD LLC (which owns the Twin Falls facility), to Clean Power Holdings LLC, a Delaware incorporated business focused on developing, owning and operating anaerobic digestion biogas assets in the US for initial consideration of $18.9m less associated debt of approximately $14.3m. Initial consideration, after taking account of the related debt, is therefore $4.6m of which $2.0m will be settled in cash on completion and the remaining $2.6m to be settled in cash within 12 months from the date of completion. In addition, the Company may receive up to an additional $1.0m in cash in deferred consideration dependant on the performance of AG Power Jerome, LLC in the period to 31 December 2016 and up to 2 years from the date of completion payable in 2 equal instalments. As part of the Transaction Camco will sign long term service agreements to continue to manage the operations of the Jerome and DCD facilities on behalf of Clean Power Holdings LLC to assist them with their expansion efforts in the United States in anaerobic digestion investments. The revenues from such service agreements will be absorbed by the cost of Camco's US based employees who are being retained by Camco under the terms of the Transaction. Accordingly the Directors do not believe there will be any incremental impact on Camco's future earnings from the service agreements or the retention of Camco's US based biogas related employees. Completion of the Transaction is conditional on the receipt of various approvals for the change of control of AG Power Jerome, LLC and AG Power DCD, LLC and there being no material adverse change to the date of completion. Completion is expected to occur before 31 December 2015. Further information of the US Biogas AssetsAs at 31 December 2014, AG Power Jerome, LLC and AG Power DCD, LLC together had net assets of $2.8m (approximately 2.3m) and in the year to 31 December 2014 generated a profit before tax of $0.1m (approximately 0.1m). Camco has owned and operated the Jerome Facility since commissioning in July 2012. The facility is situated on a dairy farm in Idaho. Camco acquired the Twin Falls Facility in December 2013 which is situated within 30 miles of the Jerome Facility. Both facilities are designed to significantly reduce the cost otherwise incurred in dealing with the vast amounts of cow manure generated and reduce emissions for the dairy owner. Scott McGregor, CEO of Camco, said: "This transaction completes the restructure of Camco enabling us to focus entirely on the commercialisation of our REDT energy storage technology. The sale provides us with capital to expand delivery of our product to market." Enquiries: Camco Clean Energy+44 (0)207 121 6100Scott McGregor, Chief Executive OfficerJonathan Marren, Chief Financial OfficerfinnCap Ltd (Nominated Adviser and Broker)+44 (0)207 220 0500Julian Blunt (Corporate Finance) Tony Quirke (Corporate Broking)Newgate (Financial PR)Tim ThompsonHelena BogleEd 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' 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 to reduce emissions. In the last year, Camco has brought an advanced energy storage technology to market (REDT energy), secured an investment advisory fund mandate for African renewables, and developed utility scale biogas plants in the US. About REDT 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 RNSThe company news service from the London Stock Exchange END MSCUNVNRVBAAAAA |
Posted at 13/11/2015 20:42 by tullynessle Additional to Post 7996The entire Agenda is interesting - I have extracted the introduction to the "Innovation" section and the information about Mr Ward's presentation. It would be good if the REDT Presentation was made available on the CCE website - specifically to learn more about the following, "each company will have 20 minutes to tell us how their product will make a difference in the energy world and maybe in the process, make them and their investors a lot of money!" Power 2020 Summit - Agenda Extract: "2.00 INNOVATION SPOTLIGHT The Innovation Spotlight session showcases solutions from innovative and inspiring companies at the forefront of energy innovation. The session is designed to encourage audience interaction and engagement as our up and coming companies demonstrate their offerings. Fast paced, each company will have 20 minutes to tell us how their product will make a difference in the energy world and maybe in the process, make them and their investors a lot of money! [Company 1 - Open Utility].......... [Company 2 - REDT]John Ward, Co-Founder, REDT Hear how a new form of electricity storage technology developed by Irish company REDT could be the answer to one of the main barriers to widespread adoption of renewable energy sources - the need to provide costly reserve generation capacity for intermittent power sources such as wind and solar. [Company 3 Surface Power HONE]............... |
Posted at 03/11/2015 13:02 by spellbrook The CEO & CFO & TEAM RED T..Have kept to their plan, no rushing or over hyping..Scott McGregor, CEO said: "RedT Energy, now in its commercialisation phase, brings to the market a highly sought after long duration and heavy duty stationary energy storage product. The name change of the Company to RedT Energy communicates clearly our product to energy storage customers and investors." |
Posted at 03/11/2015 12:53 by the stigologist Proposed change of name to RedT Energy plcName change reflects Company's core focus on commercialising its RedT energy storage product. Camco Clean Energy (AIM: CCE), today announces its intention to change its name to RedT Energy plc. The name change reflects the Company's core focus to commercialise RedT's energy storage product. After an extensive period of research, development and prototyping, RedT has recently delivered its first manufactured production unit. This launches RedT into the commercialisation phase of its business and accordingly is an appropriate time for a change in the holding company name to reflect this focus. The Company will continue to operate and develop its African clean energy business activities under the name Camco Clean Energy, independently as a subsidiary of RedT Energy. The proposed change in name is subject to shareholder approval at a General Meeting to be held at 11.00 a.m. on 24 November 2015 at Suite 4.12, Clerkenwell Workshops, 31 Clerkenwell Close, London EC1R 0AT. Following the approval by shareholders of the change in name, the Company also intends to change its EPIC/TIDM from "CCE" to "RED". Scott McGregor, CEO said: "RedT Energy, now in its commercialisation phase, brings to the market a highly sought after long duration and heavy duty stationary energy storage product. The name change of the Company to RedT Energy communicates clearly our product to energy storage customers and investors." |
Posted at 30/7/2015 21:17 by edale hxxp://lowercarbonhoTuesday, 28 July 2015 Camco Clean Energy Camco Clean Energy is a business in transition – and unrecognisable from the company that effectively hit the buffers in 2012 when the carbon trading market ground to a halt. It is on the verge of something pretty significant, according to its broker finnCap, as it aims to become a world leader in large-scale liquid energy storage. Okay, it is a firm in the early commercial phase; but if the technology takes off then we’ll be hearing a lot more about Camco over the next 18 months. And in American contract manufacturer Jabil Circuit, which manufactures the iPhone for Apple, it has a partner with enough financial muscle and scale to make some very lofty ambitions a reality. Camco’s REDT technology can trace its evolution back to NASA in the 1970s. It uses an electrolyte of vanadium and sulphuric acid to hold an electric charge for weeks and sometimes months at a time. While this liquid energy storage has been around for something like 40 years, Camco is one of only two companies to have developed it to a level where it is commercially viable. The other is Cellstrom, which is now owned by the German green energy specialist Gildermeister. It can be deployed to garner energy from renewable sources such as wind or solar that can be fed into the grid as and when it is needed and not just when it is blowing a gale or during a heatwave. It can also be used to replace back-up generators that might be used by hospitals or by the telecommunications industry. In fact Camco and Jabil are targeting four separate markets – utilities, telecoms, diesel genset replacement and the renewables industry. The idea is the technology will be cheaper than what’s already out there and in most instances REDT is also likely to be a more efficient method of storing power. At this point it must be pointed out there is more to Camco than energy storage – although the other two businesses won’t be long-term drivers of equity value. Its African business, which used to advise on financing renewable energy projects, is now a fund manager that has won one mandate and expects to land more as the year progresses. In the US it has a renewables arm, which doesn’t appear to be part of Camco’s long term focus. In fact in recent deals it sold California carbon credits that will bring in up to US$3.9million and will help with its short term cash needs. And, based on its last market update, it is also looking at potentially selling its American biogas arm, which should bring in funds enough to see it through to break-even. ‘It has to be stressed here the equity story is very definitely the battery,’ Camco chief executive Scott McGregor told Proactive Investors. So the focus is on REDT and the commercial trials taking place in 12 locations around the world. The locations of two have already been revealed – they are 1.68-megawatt-hour facility next to a wind farm on the Isle of Gigha in Scotland and 240-kilowatts supplying an eco-hotel in South Africa. Ten other smaller units will be unveiled as the year progresses. The idea is to show potential customers just how cost effective its product is, rather than simply asking them to take it on trust. ‘Our view is we need to implement these systems and the demand will come,’ said CEO McGregor. ‘We have had plenty of interest from prospective customers. We want to focus on getting the initial 12 systems out there.’ The Jabil tie-up, which is a long term collaboration, is an interesting one in that it provides third party validation of the technology. It also reveals the ambition of both sides as the US firm will be looking to mass produce units for sale around the world – so obviously believes REDT has legs. ‘Interestingly ‘Jabil had a team searching storage globally because they wanted to get into the market. They decided they wanted to go into flow batteries. ‘After carrying out due diligence on number of companies they decided to go with us.’ Broker finnCap reckons Camco could be turning over £84million (115million euros) by 2018, which translates to operating profits £8.8million (12million euros) – and that it will break even the year before that. Certainly this isn’t factored into the share price, which has marked time in the year to date and values the business at less than £15million. And this, for prospective investors at least, provides an opportunity. In a recent note, finnCap analyst Raymond Greaves made this observation: ‘Camco is on the verge of turning itself into a pure-play on the commercial and utility-scale energy storage market – a market that is expected to grow exponentially at least to the end of the decade. ‘Its REDT energy storage business has developed a game-changing product that has been production and cost-engineered by Jabil Circuit, one of the world’s largest sub-contract manufacturers.’ full article Posted by NIC at 20:38 |
Posted at 16/6/2015 20:19 by tullynessle EY, [Earnst Young], article - interesting conclusion at the last paragraph.Extract [last paragraph]: "In short, with a number of storage technologies already proven and costs falling fast, we must stop thinking about storage as something that will arrive tomorrow. It arrived yesterday, the game is already changing and investors need to ask themselves, how they can use the technology to secure the necessary returns in the future." Storage: A new frontier or just another energy asset? It is rare these days to see the word “storage&rdquo Although energy storage is widely hailed as a means of achieving greater energy security while simultaneously enabling increased penetration of renewable energy, what investors really want to know is how storage can deliver a return on capital invested. The simple answer is that storage is providing new services to electricity generators and consumers, thus tapping into new revenue streams. The more complex answer requires quantification of the discrete needs that are being met by storage in financial terms rather than technical terms, varying by application, business model and market characteristics. Continued....... |
Posted at 15/6/2015 14:50 by the stigologist SMALL CAP SHARE TIPS: Camco Clean Energy in transition as it aims to become a world leader in large-scale energy storageBy IAN LYALL, PROACTIVE INVESTORS, FOR THISISMONEY.CO.UK PUBLISHED: 14:00, 15 June 2015 Camco Clean Energy is a business in transition – and unrecognisable from the company that effectively hit the buffers in 2012 when the carbon trading market ground to a halt. It is on the verge of something pretty significant, according to its broker finnCap, as it aims to become a world leader in large-scale liquid energy storage. Okay, it is a firm in the early commercial phase; but if the technology takes off then we’ll be hearing a lot more about Camco over the next 18 months. And in American contract manufacturer Jabil Circuit, which manufactures the iPhone for Apple, it has a partner with enough financial muscle and scale to make some very lofty ambitions a reality. Energy storage: Camco and partner Jabil are targeting four separate markets – utilities, telecoms, diesel genset replacement and the renewables industry Energy storage: Camco and partner Jabil are targeting four separate markets – utilities, telecoms, diesel genset replacement and the renewables industry Camco’s REDT technology can trace its evolution back to NASA in the 1970s. It uses an electrolyte of vanadium and sulphuric acid to hold an electric charge for weeks and sometimes months at a time. While this liquid energy storage has been around for something like 40 years, Camco is one of only two companies to have developed it to a level where it is commercially viable. The other is Cellstrom, which is now owned by the German green energy specialist Gildermeister. It can be deployed to garner energy from renewable sources such as wind or solar that can be fed into the grid as and when it is needed and not just when it is blowing a gale or during a heatwave. It can also be used to replace back-up generators that might be used by hospitals or by the telecommunications industry. In fact Camco and Jabil are targeting four separate markets – utilities, telecoms, diesel genset replacement and the renewables industry. The idea is the technology will be cheaper than what’s already out there and in most instances this REDT is likely also a more efficient method of storing power. At this point it must be pointed out there is more to Camco than energy storage – although the other two businesses won’t be long-term drivers of equity value. Its African business, which used to advise on financing renewable energy projects, is now a fund manager that has won one mandate and expects to land more as the year progresses. In the US it has a renewables arm, which doesn’t appear to be part of Camco’s long term focus. In fact in recent deals it sold California carbon credits that will bring in up to US$3.9million and will help with its short term cash needs. And, based on its last market update, it is also looking at potentially selling its American biogas arm, which should bring in funds enough to see it through to break-even. ‘It has to be stressed here the equity story is very definitely the battery,’ Camco chief executive Scott McGregor told Proactive Investors. So the focus is on REDT and the commercial trials taking place in 12 locations around the world. The locations of two have already been revealed – they are 1.68-megawatt-hour facility next to a wind farm on the Isle of Gigha in Scotland and 240-kilowatts supplying an eco-hotel in South Africa. Ten other smaller units will be unveiled as the year progresses. The idea is to show potential customers just how cost effective its product is, rather than simply asking them to take it on trust. ‘Our view is we need to implement these systems and the demand will come,’ said CEO McGregor. ‘We have had plenty of interest from prospective customers. We want to focus on getting the initial 12 systems out there.’ Camco's commercial trials of its REDT energy storage technology are to take place in several locations around the world, including next to a wind farm on the Isle of Gigha (pictured) in Scotland +2 Camco's commercial trials of its REDT energy storage technology are to take place in several locations around the world, including next to a wind farm on the Isle of Gigha (pictured) in Scotland The Jabil tie-up, which is a long term collaboration, is an interesting one in that it provides third party validation of the technology. It also reveals the ambition of both sides as the US firm will be looking to mass produce units for sale around the world – so obviously believes REDT has legs. ‘Interestingly ‘Jabil had a team searching storage globally because they wanted to get into the market. They decided they wanted to go into flow batteries. ‘After carrying out due diligence on number of companies they decided to go with us.’ Broker finnCap reckons Camco could be turning over £84million (115million euros) by 2018, which translates to operating profits £8.8million (12million euros) – and that it will break even the year before that. Certainly this isn’t factored into the share price, which has marked time in the year to date and values the business at less than £15million. And this, for prospective investors at least, provides an opportunity. In a recent note, finnCap analyst Raymond Greaves made this observation: ‘Camco is on the verge of turning itself into a pure-play on the commercial and utility-scale energy storage market – a market that is expected to grow exponentially at least to the end of the decade. ‘Its REDT energy storage business has developed a game-changing product that has been production and cost-engineered by Jabil Circuit, one of the world’s largest sub-contract manufacturers.&rsquo Read more: |
Posted at 24/4/2015 09:27 by skippybragagnolo I think CCE are now in an unfortunate position of many current and potential new investors being too heavily focussed on Redt. This leaves the share price stagnant in the absence of news of progress in relation to contracts.Unfortunat |
Posted at 11/4/2015 09:24 by tullynessle Hopefully, as their market caps grow, companies in the renewables & climate change sectors will become increasingly attractive to a wide variety of institutions.Fossil fuel-free funds outperformed conventional ones, analysis shows Investors who dumped holdings in coal, oil and gas earned an average return of 1.2% more a year over last five years, data from the world’s leading stock market index reveals Patrick Collinson Friday 10 April 2015 16.21 BST Investors who have dumped holdings in fossil fuel companies have outperformed those that remain invested in coal, oil and gas over the past five years according to analysis by the world’s leading stock market index company, MSCI, which runs global indices used by more than 6,000 pension and hedge funds, found that investors who divested from fossil fuel companies would have earned an average return of 13% a year since 2010, compared to the 11.8%-a-year return earned by conventional investors. Article continues.......... |
Posted at 20/2/2015 15:37 by troutisout Wise4444,Not sure that isn't just a story in hindsight to try and fit the facts... There was a large seller before the trading statement. The HB would make the forecasts but didn't have an analyst covering CCE so have been replaced. If investors didn't want to be disappointed that the share price is down to where the 33% discounted placing was, then they shouldn't have sold it down. Remember those same investors knocked the price down 33% for their placing, the other holders were a little disappointed about that, so don't have sympathy with placing investors. I believe we have a few N+1 Singer clients that are offloading their shares and have been for a month now, that is probably entwined with the change of HB and indeed these same investors would likely have been in on the last placing. I cannot see why investors thought there would be more information in the TS, it is after all a recap of what has happened last year and they won't give detailed figures until they are audited and in the results. The timelines for REDT were very plain and there is still a time before we see any meaningful figures from production and sales. I can see some wanting everything now but reality is that developing and manufacturing, trialling and marketing a new product take time and rather than draw things forward, every investor should allow some lag. We cannot do anything about the price movement it has happened on relatively small volume and will go back up on similar volumes. What has to be balanced is the large seller/s and with online offers of over 500k shares, there is still an overhang. DYOR, Trout. PS. The options were allotted a good while back and that is when that could have been regarded as a governance red flag, but they contained criteria regarding price and other non market performance before they could be exercised. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
