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Category: Press Release

Press Release | 01.09.23

HOUSTON – (BUSINESS WIRE) – Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, announced it has expanded its offerings by introducing new Strategic Control Services (SCS). Through its next-generation remote operations center located in downtown Houston, CAMS SCS monitors and controls power generation assets in real time, leading to increased reliability, reduced risk and optimal profitability.

The state-of-the-art services combine CAMS industry-leading O&M best practices with a fully compliant NERC facility. CAMS SCS provides 24/7 coverage of power generation assets and includes multiple redundancies to ensure reliable operations. It was designed with cybersecurity and compliance operability in mind to reduce risks.

“We are excited to continue our legacy of creating value for our customers by strategically enhancing our suite of services,” said CEO and Founder Joseph W. Sutton. “Incorporating CAMS SCS further strengthens our existing capabilities in the power generation industry and provides more depth for our clients from which we can flexibly offer additional cost savings, improved operations, and more efficient staffing.”

CAMS SCS includes access to CAMS eTRAC, a proprietary digital tool to enhance flexibility, visibility, and analytics for optimal dispatch. It provides real-time data regarding market exposure and the effectiveness of current optimization strategies.

About CAMS

CAMS is a privately held company providing Operations and Maintenance (O&M), Asset Management, Environmental, Social, and Governance (ESG), and Optimization services for energy and infrastructure assets. We add value through superior management and operation of our clients’ assets located throughout the U.S. and internationally. To this end, we empower our employees to pursue creative and sustainable business practices in the field and at our corporate office that contribute to operational excellence, financial performance, a safe workplace, and a better community and environment. For more information, visit www.camstex.com.

Press Release | 12.20.22

HOUSTON–(BUSINESS WIRE)–A subsidiary of Consolidated Asset Management Services (CAMS), CAMS Bluewire Technology, announced today that it ranked #14 on the Houston Business Journal’s 2022 Largest Houston-area cybersecurity companies.

The 16 companies on the list are ranked by total company-wide revenue for 2021 and total employees in the Houston area. CAMS Bluewire ranked 14th, with a total revenue of $5.1 million for 2021.

“We are pleased to make once again the HBJ’s list of Largest Cybersecurity Companies in Houston,” said Jimmy Wyble, president of CAMS Bluewire Technology. “Cybersecurity is at the forefront of what we do every day, and we continue to find new and innovative ways to combat this ever-evolving threat. As long as there is a cyber security threat, Bluewire will be on the front lines leading the way for our clients.”

CAMS Bluewire is a full-service IT Support and consulting firm headquartered in Houston, Texas. It delivered managed services, phone systems, hosting, cybersecurity, and consulting services nationwide. Established in 2002 and then acquired by CAMS in 2007, CAMS Bluewire was recognized in the 2013 INC. 5000 list of the Fastest Growing Companies in America and HBJ’s 2014 List of Largest Houston-area Computer Network and System Integrators. CAMS Bluewire recently ranked #12 in HBJ’s 2021 Largest Houston-area Cybersecurity Companies.

For more information on CAMS Bluewire’s cybersecurity service offerings, visit: www.bluewiretech.com

About CAMS

CAMS is a privately held company providing Operations and Maintenance (O&M), Asset Management, Environmental, Social, and Governance (ESG), and Optimization services for energy and infrastructure assets. We add value through superior management and operation of our clients’ assets throughout the U.S. and internationally. To this end, we empower our employees to pursue creative and sustainable business practices in the field and at our corporate office that contribute to operational excellence, financial performance, a safe workplace, and a better community and environment. For more information, visit www.camstex.com.

Press Release | 10.27.22

HOUSTON–(BUSINESS WIRE)–Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, has earned four Combined Cycle Journal (CCJ) 2022 Best Practices Awards. St. Charles Energy Center, under CAMS management, was honored as one of the top six in the Best of the Best category.

In addition to St. Charles Energy Center, Griffith Energy, Kings Mountain Energy Center, and Rolling Hills Generating were recognized for their contribution to improving facilities’ safety standards and operational practices.

“The awards characterize CAMS’ commitment to reliability and sustainability,” said CEO and Founder Joseph W. Sutton. “They demonstrate the tradition of excellence and professionalism from our plant personnel to our clients.”

CCJ’s annual Best Practices Awards, launched in 2004, recognize best practices and contributions made by plants and personnel to improve the safety and performance of generating facilities powered by gas turbines, according to CCJ General Manager Scott Schwieger. Among 35 applicants in the 2022 program, only six were nominated as Best of the Best. Since 2013, CAMS has won a total of 79 CCJ Best Practice Awards.

St. Charles Energy Center is a 745 megawatt (MW) combined-cycled power plant operating since 2017 in Maryland. Managed by CAMS, the plant was nominated for improving safety and reliability with active wireless high-energy piping monitoring.

Griffith Energy is a 653.8 MW gas-fired power plant commissioned in 2002 in Arizona. Operated by CAMS, the plant was nominated for its control-valve trim retrofit project that yields significant savings.

Kings Mountain Energy Center is a 475 MW natural gas-fired power plant located in Kings Mountain, North Carolina. Managed by CAMS, the plant was nominated for outstanding remote user cybersecurity and steam turbine electro-hydraulic control fluid conditioning system.

Rolling Hills is an 850MW natural gas-fired generating facility located in Ohio. Operated by CAMS, the plant was nominated for termination cabinet humidity monitoring.

About CAMS

CAMS is a privately held company providing Operations and Maintenance (O&M), Asset Management, Environmental, Social, and Governance (ESG), and Optimization services for energy and infrastructure assets. We add value through superior management and operation of our clients’ assets located throughout the U.S. and internationally. To this end, we empower our employees to pursue creative and sustainable business practices in the field and at our corporate office that contribute to operational excellence, financial performance, a safe workplace, and a better community and environment. For more information, visit www.camstex.com.

 

Press Release | 10.18.22

HOUSTON – Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, announced that four CAMS-operated facilities in Florida remained online per dispatch and operated throughout Hurricane Ian, continuing to provide power to their communities.

No safety or environmental issues were reported at the facilities and thankfully, all employees were safe with little to no damage to their personal properties. “In the wake of Hurricane Ian, our teams at the Florida facilities worked hard to repair minor damages and restore normal operations while continuing to provide much-needed power to their communities,” said Bryan Stout, Vice President of CAMS Operations and Maintenance. “It is important for CAMS to continually evaluate our operational methods to promote safe and reliable business practices, especially during emergencies.”

Throughout Hurricane Ian, two CAMS-operated facilities remained online and operated safely with constant monitoring from CAMS personnel. All plant units operated with no issues reported. The other two CAMS-operated facilities remained 100% available throughout the hurricane and operated per dispatch safely with additional staffing and continuous monitoring.

The preparedness and timely actions of our CAMS employees at these facilities were critical during Hurricane Ian, and their outstanding performance in upholding operations did not go unnoticed.

Hurricane Ian, the fifth most powerful storm to hit the U.S. territories, started in Cuba as a hurricane on September 27, 2022. Hurricane Ian traveled across the Gulf of Mexico and developed into a category four hurricane, moving to pass Florida before dissipating back to category 2.

At CAMS, we maintain safe and reliable assets and are committed to the health and safety of our employees, customers, and communities. Since 2007, CAMS has managed energy assets that provide reliable fuel, transportation, and power to grids throughout the U.S. and Europe. Learn more about CAMS’s commitment to safety.

Press Release | 07.14.22

CAMS Named One of the Best & Brightest Companies to Work For in the NationHOUSTON–(BUSINESS WIRE)–Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of infrastructure assets, has been named one of the Best & Brightest Companies to Work For in the Nation® by the National Association for Business Resources (NABR). CAMS was also named to Houston’s Best and Brightest Companies to Work For® list earlier this year.

With over 20 years of experience conducting the Best and Brightest competitions, the NABR has identified numerous best human resource practices and provided benchmarking for companies that continue to be leaders in employment standards.

“We are honored to be recognized as one of the Best and Brightest Companies to Work For in the Nation®,” said CEO and Founder Joseph W. Sutton. “This award is validation of our ongoing commitment to continue to foster a great place to work while delivering sustainable solutions and value to our clients.”

The national winning companies were assessed by an independent research firm, which reviewed several key measures relative to other national recognized winners. This year, CAMS was one of 139 winning organizations honored out of 1,100 nominations from across the country.

“These 2022 winning organizations have stood out during unpredictable times and have proven they are an employer of choice,” said Jennifer Kluge, President and CEO of NABR and The Best and Brightest Program. “They continue to keep the needs of their employees first and provide perks that include development, wellbeing, work-life balance, rewards and recognition. In addition, these winning companies offer a fantastic work culture and workplace environment that attracts and retains superior employees.”

CAMS will be honored for its award during the virtual Illuminate Business Summit week in November 2022 and in the spring of 2023. The company will also be featured in the online edition of Corp! Magazine and in the Wall Street Journal.

Press Release | 06.29.22

Name Reflects Expanded Offerings to Include Development and Advisory Services

HOUSTON – (Business Wire) – Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of infrastructure assets, has renamed its Renewable Energy Services group to CAMS Energy Transition Services (CAMS ETS) to reflect expanded offerings to include development and advisory services. CAMS has been a leading service provider in the renewable energy space for many years and this step is a logical progression in its service offerings.

CAMS ETS will originate and lead greenfield and brownfield development opportunities in the areas of battery energy storage, PV, carbon capture, hydrogen co-firing and other environmentally sustainable technologies.

“These services are a natural extension of CAMS’ existing service offerings that will help accelerate our client’s efforts to create more efficient and sustainable energy infrastructure,” said Brian Ivany, Executive Vice President of CAMS ETS.

CAMS ETS will leverage CAMS’ extensive operational, financial, permitting and ESG program management experience in identifying opportunities and advising potential owners to meet their financial and ESG goals. CAMS’ 2,000 employee base will be supplemented by a cohort of experienced engineers and subject matter experts to create a unique service offering within the energy transition space. Specific services include site identification, market analysis, permitting, procurement, project management, start-up and commissioning, transmission and distribution interconnection process management, and ongoing O&M and asset management.

“We are excited to expand our services within this critical area of energy transition in order to better serve our clients,” said Greg Bobrow, CAMS Chief Operating Officer.

Press Release | 06.10.22

HOUSTON – (BUSINESS WIRE) – Consolidated Asset Management Services (CAMS), an industry leading asset management and operations and maintenance (O&M) services provider, announced today that it was awarded an O&M contract to support Hallador Energy Company (Hallador) and its Merom Generating Station (Merom), a 1,000 MW coal-fired power generating station in Indiana.

Located in Sullivan County, IN., Merom employs a workforce of approximately 220 and can power up to 200,000 homes at full capacity. As the O&M provider, CAMS is committed to providing safe, reliable, and efficient generation of electricity 24/7.

“We are excited to partner with Hallador Energy in providing reliable baseload power to the MISO region,” said Greg Bobrow, CAMS Chief Operating Officer. “We welcome the Merom employees to the CAMS family and look forward to their continued contributions and service.”

Earlier this year, Hallador Energy announced that its new wholly owned subsidiary, Hallador Power Company, LLC, would acquire Hoosier Energy’s Merom pant. Per the agreement, Hoosier will purchase 100% of the plant’s energy and capacity through May 2023, reducing purchases to 22% of energy output and 32% of its capacity beginning in June 2023 and through 2025. Throughout the Merom acquisition, CAMS has supported Hallador’s commercial team, providing due diligence and O&M transition services.

Heath Lovell, President of Hallador Power Company, LLC, highlighted CAMS O&M experience and said, “As we continue to see the importance of baseload and dispatchable power to mitigate the risks of both blackouts and high energy prices, Hallador Power is proud to partner with CAMS, who has the knowledge and expertise to assure that Merom is operating at its highest level.”

About CAMS

CAMS is a privately held company providing Operations and Maintenance (O&M), Asset Management, Environmental, Social, and Governance (ESG), and Optimization services for energy and infrastructure assets. We add value through superior management and operation of our clients’ assets located throughout the U.S. and internationally. To this end, we empower our employees to pursue creative and sustainable business practices in the field and at our corporate office that contribute to operational excellence, financial performance, a safe workplace, and a better community and environment. For more information, visit www.camstex.com.

About Hallador

Hallador Energy Company has been leading exploration in energy sourcing since 1951. The name Hallador is Spanish for “one who leads the way;” this has been the company mantra for strategic positioning for long-term opportunities. Beginning with roots in oil and gas exploration, then evolving to concentrate on coal development and transportation delivery, to today where we add renewables to the mix. Our customers, large-scale utilities, seek to decarbonize by evaluating the make-up of their generation. Our renewable energy generation can help them provide the grid stability they need and the shift to renewables they want. Our commitment to our employees, customers, and shareholder remains strong with this ever-evolving flexibility. For more information, please visit www.halladorenergy.com

Press Release | 03.29.22

HOUSTON–(BUSINESS WIRE)–Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy and infrastructure assets, announced today that it has been awarded contracts by affiliates of ArcLight Capital Partners, LLC (ArcLight) to provide operations and maintenance (O&M) and asset management services for power generating assets representing over 10 gigawatts (GW) of capacity.

The facilities are well diversified across markets, technology and fuel type and will allow for the integration of intermittent renewable resources over the coming years.

“We are excited to manage and operate this fleet of energy assets that provide reliable power throughout the U.S.,” said CAMS Chief Operating Officer Greg Bobrow. “We have an extensive and successful track record of providing sustainable, value-added services for owners of energy infrastructure assets and are pleased to be involved with these portfolios that also have the ability to support the transition to renewable sources of generation.”

ArcLight is a leading private equity firm focused on energy and energy transition infrastructure. An ArcLight spokesperson noted that the acquisitions of the portfolios required a collaborative effort and were substantial milestones for ArcLight and CAMS.

“We want to highlight the support, leadership and coordination the CAMS team provided through each phase of the process,” the spokesperson said. “From due diligence to the early stages of our ownership, CAMS has been helpful, responsive and very strong on the transition and operational leadership. CAMS was a critical team member in successfully completing these acquisitions.”

CAMS has experience managing and operating hundreds of conventional and renewable power generation assets with over 51 GW of generating capacity. The company has been awarded 75 industry best practice awards since 2013 and has $20 billion of assets under management.

Press Release | 03.25.22

HOUSTON – Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, announced today that Brian Ivany, Executive Vice President, Renewables, was named to the Board of Directors for Renewable Energy Alliance Houston (REAL Houston).

REAL Houston brings together voices from the city’s renewable energy community and provides current and future industry stakeholders opportunities to foster connection, promote innovation, and increase the visibility of Houston’s renewable energy businesses.

Ivany leads CAMS’ renewable services business which provides asset management, operations and maintenance, optimization and related services to wind, solar and storage assets. In this role, he has supported the optimization of numerous renewable energy assets located throughout the U.S.

“We are thrilled to join REAL Houston and support its mission of accelerating the energy transition,” said Ivany. “Our partnership with REAL Houston allows us to support critical initiatives responsible for strengthening the reliability of our electrical infrastructure and increasing renewable penetration while improving our local community.”

CAMS also joins REAL Houston as an innovator member. CAMS has managed and operated over 200 renewable energy projects totaling nearly 4 GW located in all major ISOs.

“REAL Houston is dedicated to bringing together businesses, innovators, and the workforce needed in the energy transition,” said Kay McCall, Executive Director. “CAMS’ growing footprint in the renewable energy space is helping the industry operate and manage the infrastructure needed in transitioning to a cleaner energy economy while creating opportunities for Houston to lead in accelerating the energy evolution. It is with great pleasure that I welcome CAMS into our organization and Brian Ivany to our Board of Directors. I look forward to working together as we fulfill our mission of empowering Houston’s leadership in the energy transition.”

Press Release | 03.16.22

HOUSTON – Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, announced today that its client Fervo Energy (Fervo) was listed alongside Tesla as the Top 100 Green Energy Startups in the U.S.

CAMS provides back-office accounting and financial reporting services, payroll services and regulatory reporting services for Fervo.

Fervo commercializes proprietary technology to own, develop and operate geothermal assets as the dispatchable foundation to a 100% clean energy future. CAMS is proud to provide back-office support for a company that is leveraging innovation in geoscience to accelerate the clean energy transition.

Fervo and Google also signed the world’s first corporate agreement to develop a next-generation geothermal power project, which will soon add carbon-free energy to the electric grid that serves Google’s data centers and infrastructure throughout Nevada. This “always-on” carbon-free resource can reduce Google’s hourly reliance on fossil fuels.

CAMS provides accounting, finance, and institutional management for its clients, acting as the primary interface with lending institutions, credit agencies, taxing authorities, financial audit firms, and other stakeholders. The company’s back-office capabilities include annual budget preparation, day-to-day accounting, monthly financial statements preparation, variance reporting, acquisition support, property tax, treasury, accounts payable, debt holder and credit rating agency management and compliance, and audit oversight. CAMS accounting and finance professionals can also negotiate with local, state, and federal agencies to obtain public and private funding for infrastructure construction.