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Camco sells UK advisory business
British low-carbon project developer Camco said yesterday it will sell its UK advisory business to Baxi Partnership for £4.5m, a move analysts say will help it raise cash in the face of record-low carbon prices. The company will continue its advisory business in Africa and provide some other advisory services outside the UK. Camco Advisory Services reported a net pre-tax profit of £500,000 in 2010.