The past six months has seen a transformation of the business, leaving it as essentially a pure play on commercial and utility scale energy storage. redT (formerly Camco) has sold its carbon portfolio, sold its US Biogas assets (eliminating debt), and acquired (for shares) the balance of redT it did not previously own. redT is now focused, ungeared and has a properly developed and engineered product with which to go to market. We continue to believe that the commercial/utility-scale energy st
04 Jan 2016
Energy storage pure-play
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Energy storage pure-play
- Published:
04 Jan 2016 -
Author:
Cavendish Research -
Pages:
28
The past six months has seen a transformation of the business, leaving it as essentially a pure play on commercial and utility scale energy storage. redT (formerly Camco) has sold its carbon portfolio, sold its US Biogas assets (eliminating debt), and acquired (for shares) the balance of redT it did not previously own. redT is now focused, ungeared and has a properly developed and engineered product with which to go to market. We continue to believe that the commercial/utility-scale energy st