27th May 2014 12:33
LONDON (Alliance News) - Camco Clean Energy PLC Tuesday said it is under consideration, alongside an unnamed partner to assist with the deployment of capital into renewable energy projects in Africa on behalf of a third party.
The company which develops emission reduction and clean energy projects also said Tuesday that its subsidiary, Renewable Energy Dynamics Technology, is in discussions regarding a contract with a third party to manufacture its product.
Camco holds a 49% stake in Renewable Energy Dynamics Technology.
The firm said further announcements will be made in due course when appropriate.
Camco shares were quoted up 38.1% at 6.39 pence Tuesday afternoon.
By Anthony Tshibangu; [email protected];
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