Belectric offers United States O&M business

• Texas-based energy firm Consolidated Asset Management Services (CAMS) has actually gotten designer Belectric's US solar procedures and also upkeep (O&M) service.

Belectric's portfolio comprises 141 operating sites in 11 states in the United States, and covers near to 3GW of ability for O&M services globally.

CAMS' chief running officer, Greg Bobrow, stated the procurement boosts the firm's "existing capabilities as well as markets in the power generation market" as it seeks to shift to renewables. The programmer and asset supervisor manages around 3.5 GW of renewable resource ability in the US.

Explaining the choice to obtain the solar team's O&M service, Bobrow said that CAMS' customers are "progressively focused on the transition of energy generation towards sustainable sources."

" CAMS constantly tries to find means to support an enhanced atmosphere while at the same time supplying expense financial savings and developing value for our customers. We at CAMS eagerly anticipate an expanding advertising and marketing existence in the solar power area."

A number of solar businesses have actually offered their O&M arms in the past year. First Solar offered its O&M arm to NovaSource, owned by Canadian private equity firm Clairvest Group last August as it could no longer "warrant incremental capital investment" in the market, while SunPower sold its O&M branch to Clairvest in March.