Press Release | 01.18.24

HOUSTON–(BUSINESS WIRE)–Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, and leading nationwide renewables developer REC Solar announced today that CAMS will provide operations and maintenance (O&M), asset management, accounting, remote monitoring and related services for REC Solar’s renewables portfolio.

The solar developer’s portfolio includes solar and energy storage projects for hundreds of U.S. commercial enterprises, including manufacturers, retailers, schools, universities and municipalities.

This award increases CAMS’ renewable assets under management to over 5.6 gigawatts located throughout the U.S. and Puerto Rico.

“We are thrilled to support REC Solar’s continued expansion within the C&I solar space and look forward to delivering best-in-class services to their operational and in-development assets,” said Brian Ivany, Executive Vice President of CAMS Energy Transition Services.

Founded in 1997, REC Solar has emerged as one of the nation’s leading solar developers. In addition to guiding customers through a seamless process for behind-the-meter solar and storage projects – and offering zero-upfront-cost financing and price predictability through its power purchase agreement (PPA) financing – REC Solar also works with landowners and large power users nationwide to scale greenfield development and provide more equitable access to clean energy through community solar.

“For the past 26 years, REC Solar has built a strong reputation in the renewables industry for providing high-quality solar and storage solutions and services,” said Lawrence Denney, President of REC Solar. “As we expand our on-site solar, energy storage and community solar portfolio, we are excited to partner with CAMS to ensure our customers continue to receive the comprehensive end-to-end solutions and services their businesses need for the long term.”

CAMS’ O&M team manages and operates a full range of power generation facilities. The company is focused on solid performance in a cost-effective manner. CAMS O&M services are backed by a platform of financial, technical, commercial, and corporate support capabilities. The company helps clients achieve their availability, reliability, environmental, safety, and regulatory compliance goals.

CAMS’ team of asset managers provides executive leadership and project management across multiple disciplines, handling day-to-day activities on behalf of clients. Through consistent, open communication and regular site visits, CAMS quickly identifies technical, commercial, and operational issues that may arise. If this happens, CAMS provides a recommended action, then works closely with the owner to implement creative and sustainable asset management solutions. The company also makes owners aware of opportunities to maximize asset value. CAMS’ goal is to significantly improve the clients’ project performance and financial returns.

About CAMS

CAMS is a privately held company providing 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.

About REC Solar

Founded in 1997, REC Solar emerged as one of the nation’s leading solar energy integrators. Renowned for its integrity and high-quality standards, REC Solar’s portfolio includes solar, energy storage and microgrid projects for top U.S. commercial enterprises, including manufacturers, retailers, schools, universities, municipal entities and more. REC Solar’s customers enjoy a seamless end-to-end experience – one that includes zero-upfront-cost financing and predictable monthly payments as well as long-term and worry-free development, ownership, operation and maintenance of solar and storage projects. With decades of experience embedded in every project, REC Solar is committed to providing every customer the same integrity, exceptional customer service, and high-quality solutions and services that have made it a trusted solar company for the past 26 years. More information about REC Solar can be found at www.recsolar.com.


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.