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Tag: 2022

Articles | 10.23.23

2022 ESG Report

We know what it takes to run a sustainable business.

CAMS integrates sustainable practices in everything we do, with our approach extending beyond mere compliance.

Since 2013, CAMS has been consistently recognized for its operational commitment to best-in-class safety practices and performance by earning 79 Combined Cycle Journal (CCJ) Best Practices Award. Since 2021, the documenting and reporting of our company’s ESG practices has led to national recognition of CAMS’ achievements and has further encouraged our employees to pursue creative and sustainable business practices.

This report, covering our 2022 activities, highlights initiatives in environmental, social, and corporate governance, represents CAMS’ first full Annual ESG Report, and marks a key step in the evolution of our ESG program.

Download our 2022 ESG Report: 2022 ANNUAL ESG REPORT

To learn more about other ESG initiatives at CAMS, visit our sustainability page.

 

Press Release | 06.08.23

HOUSTON–(BUSINESS WIRE)–Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, announced it has been ranked by Financial Times as one of The Americas’ Fastest Growing Companies based on compound annual growth in revenues from 2018 to 2021.

“CAMS has been a leader in managing vital energy assets for more than 15 years, during which we have provided reliable fuel, transportation, and power to grids throughout the U.S. and Europe,” said CEO and Founder Joseph W. Sutton. “Over the years, we have supported our client’s efforts to create more efficient and sustainable energy infrastructure while staying rooted in our values. I’m excited by the opportunities ahead as we continue to evolve our offerings to enrich the communities in which we live and work.”

CAMS grew revenue by more than 40% from 2018 to 2022. As part of its growth strategy in 2021, CAMS expanded its renewable energy footprint by acquiring a U.S. solar operations and maintenance company. Later in the year, CAMS partnered with a leading battery energy storage and software technology provider to deliver the first comprehensive services offering to the battery energy storage market in the U.S. In 2022, CAMS Energy Transition Services business was expanded to include development and advisory services. In early 2023, the company introduced Strategic Control Services allowing CAMS to monitor and control power generation assets in real-time through its next-generation remote operations center.

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. Our founding principle is to add value through superior management and operation of our clients’ energy infrastructure assets. 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. We do not take this responsibility lightly: We treat the assets with which we are entrusted as our own. For additional 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.