Appointment of Chief Financial Officer

RNS Number : 1624H

Camco International Ltd

09 July 2012

 



9 July 2012

Camco International Limited

("Camco")

Board Change - Appointment of Chief Financial Officer

Camco International Limited (AIM: CAO), a global developer of clean energy projects and solutions to reduce greenhouse gas emissions, is pleased to announce the appointment of Jonathan Marren as Chief Financial Officer and member of the Board with effect from today.

Jonathan was most recently Deputy Head of Corporate Finance at Singer Capital Markets, prior to which he was at Peel Hunt between 2000 and 2010 where he was a Director in the Corporate Department with responsibility for their new energy and clean tech franchise. He acted as an advisor to Camco at both Singer Capital Markets and previously at Peel Hunt. Jonathan qualified as an A.C.A. with Arthur Andersen in 1999.

Jeff Kenna, Acting Chairman of Camco said: "On behalf of the Board I would like to welcome Jonathan and look forward to working with him. His considerable experience of working in the new energy and cleantech environment will be extremely valuable as we continue to grow our projects division."

Jonathan Marren said: "It's a very exciting time to be joining Camco. The carbon portfolio has been successfully structured to have significant value despite current market conditions and the projects business continues to develop well and provides a platform to produce strong revenue streams in the future. I look forward to working with the team to deliver value from Camco's leadership position in strategic markets where emission reduction and clean energy development will be a focus for many years to come."

Additional disclosures:

Full Name: Jonathan Anthony Frank Marren

Age: 37 years

There is no additional information required to be disclosed pursuant to Schedule 2(g) of the AIM Rules.

Enquiries:

Camco	[phone]
Scott McGregor, Chief Executive Officer
Singer Capital Markets (Camco Nominated Adviser and Broker)	[phone]
James Maxwell
Kreab Gavin Anderson (Investor Relations)	[phone]
Ken Cronin
Citigate Dewe Rogerson (PR Advisor)	[phone]
Chris Gardner / Malcolm Robertson

Notes to editors

About Camco

Camco International Limited (Camco, AIM: CAO) is a global developer of clean energy projects and solutions to reduce greenhouse gas emissions with operations in the US, the UK, China, Africa, Russia and SEA.

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.

The Carbon Project Development business has created one of the largest emission reductions portfolios and has structured ground breaking and innovative arrangements for the sale and delivery of emission reductions to compliance and voluntary buyers.

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 Energy and Carbon Advisory teams provide strategic, commercial and technical expertise accrued over two decades to deliver low carbon energy and sustainable development solutions.

www.camcoglobal.com

 

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