Ameresco

Ameresco, Inc. engages in the provision of energy services, including energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe. It operates through the following segments: U.S. Regions, U.S. Federal, Canada, Non-Solar Distributed Generation (DG), and All Other. The U.S. Regions, U.S. Federal, and Canada segments offer energy efficiency products and services, such as design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility’s energy infrastructure, and renewable energy solutions and services. The Non-Solar DG sells electricity, processed renewable gas fuel, heat or cooling, produced from renewable sources of energy, other than solar, and generated by small-scale plants, and operations and maintenance services for customer owned small-scale plants. The All Other segment focuses on the provision of enterprise energy management services, consulting services, and integrated-photovoltaic. The company was founded by George Peter Sakellaris on April 25, 2000 and is headquartered in Framingham, MA.

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Ameresco reports record revenue and profits, eyes growth opportunities

Ameresco's strong financial performance in Q4 2022 and record revenue growth demonstrate the company's resilience and growth potential in the clean tech sector.
Despite operational challenges and delays, Ameresco's strategic acquisitions and market presence in Europe position the company for continued growth and value creation.
Investors can look forward to Ameresco's anticipated growth in adjusted EBITDA, driven by a robust business model and strategic initiatives aimed at expanding market reach and enhancing service offerings.

Ameresco reports robust Q1 performance, eyes European expansion for growth

Ameresco's Q1 performance was strong, with revenue exceeding guidance and a focus on expanding into the European market.
Despite supply chain challenges, the company sees opportunities in converting awarded projects and sustainable cash flow.
Diversified funding sources and strong customer interest position Ameresco for continued growth.
Maintaining financial discipline and leveraging market opportunities are key to Ameresco's growth strategy.

Ameresco reports robust Q2 results, eyes sustainability and growth

Ameresco's strong performance in Q2, focus on sustainability, and robust revenue visibility position the company for continued growth.
While facing challenges in the RIN market and CapEx allocation, Ameresco's strategic initiatives offer opportunities for expansion and value creation.
By reaffirming guidance, targeting larger projects, and exploring M&A, Ameresco demonstrates resilience and adaptability in a dynamic market environment.

Ameresco reports record project backlog in Q3 earnings call

Ameresco's Q3 performance showed strong growth in project backlog and new project awards. While facing challenges in project conversions and delays, the company is adjusting its operational structure for scalability and reacting to market conditions.
The company's strengths lie in emphasizing profitable execution, cash flow generation, and maintaining growth targets. They are leveraging strong RIN prices and exploring opportunities for M&A in Europe.
Despite challenges like supply chain delays and administrative bottlenecks, Ameresco is focused on optimizing cash flow and net income through asset sales. They are navigating delays in project timelines and construction schedules.

Ameresco (AMRC) reports robust Q4 results and eyes European growth

Ameresco's Q4 performance was strong, driven by revenue growth and a focus on executing larger projects. While challenges like supply chain disruptions exist, the company remains confident in meeting 2024 expectations. Opportunities lie in the European market, energy efficiency investments, and lower battery prices impacting project economics.

Ameresco surpasses Q1 revenue targets, affirms strong full-year outlook

Ameresco's Q1 performance exceeded expectations, driven by strong project execution and growth in all business segments. The company remains focused on cash generation, affirmed full-year guidance, and addressed analyst inquiries on project dynamics and growth strategies. Challenges include managing contract risks and ensuring creditworthiness, while opportunities lie in expanding energy asset development and selective business growth initiatives.

Ameresco reports robust Q2 results, poised for clean energy growth

Ameresco's Q2 2024 earnings call reflects exceptional performance, with strong revenue growth, backlog expansion, and revised guidance indicating a positive trajectory.
The company's strengths lie in its resilience in clean energy projects, solid market position, and exciting prospects in RNG projects, offering a strong foundation for growth.
While facing challenges such as CFO transition and debt management, Ameresco has opportunities to leverage its performance, market position, and project portfolio for continued success.

Ameresco reports stellar Q3 results, eyes growth amid challenges

Ameresco's Q3 performance reflects robust growth and financial strength, underpinned by strategic operations and market demand.
While facing challenges like supply chain constraints and election impacts, the company's resilience and opportunities for growth remain promising.
Management's focus on efficiency projects, energy resiliency solutions, and strong financial performance position Ameresco for continued success and market leadership.

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FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleanenergy--Ameresco, Inc., (NYSE: AMRC), a leading energy efficiency and energy infrastructure company, announced that Naval Facilities Command Mid-Atlantic (NAVFAC MIDLANT) has awarded the company's Federal Solutions team a prime contract on a large construction contract vehicle with a capacity of $950 million over 5 years. Ameresco is one of 8 awardees selected to implement projects under the contract. Task orders on this multiple award construction contract (MACC) wi

U.S. Navy Awards Ameresco Multiple Award Construction Contract for Large General Construction Projects in the Mid-Atlantic Region

Ameresco Inc (NYSE: AMRC) announced energy savings performance contract (ESPC) with Tarleton State University to develop an energy and water conservation project. Ameresco will work with Tarleton State to implement an energy and water conservation project that will realize a 21-23% reduction in electric consumption and a nearly 33% reduction in water consumption annually.

Ameresco Partners With Tarleton State University For Energy, Water Conservation Project

FRAMINGHAM, Mass. & STEPHENVILLE, Texas--(BUSINESS WIRE)-- #cleanenergy--Ameresco Expands Higher Education Presence and partners with Tarleton State University.

Ameresco Expands Higher Education Presence and Partners With Tarleton State University

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Ameresco Inc (NYSE: AMRC) enters a joint venture with Hannah Solar Government Services (HSGS), a Service-Disabled Veteran-Owned Small Business (SDVOSB) renewable energy company. The financial terms of the JV were not disclosed.

Ameresco Forms JV With Hannah Solar Government Services For Undisclosed Terms

FRAMINGHAM, Mass. & SUMMERVILLE, S.C.--(BUSINESS WIRE)-- #cleanenergy--Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it is entering into a joint venture with Hannah Solar Government Services (HSGS), a Service-Disabled Veteran-Owned Small Business (SDVOSB) renewable energy company. The joint venture was facilitated as part of the SBA Mentor Protégé Program, which helps eligible small businesses, known as protégés, gain e

Ameresco Announces Joint Venture with Hannah Solar Government Services

Ameresco Inc (NYSE: AMRC) inks partnership with the City of Bellmead, Texas, for a comprehensive smart metering infrastructure improvement project. The financial terms of the contract were not disclosed.

Ameresco Partners With City Of Bellmead For Smart Metering Infrastructure Improvement Project

FRAMINGHAM, Mass. & BELLMEAD, Texas--(BUSINESS WIRE)-- #cleanenergy--Ameresco partners with City of Bellmead for comprehensive smart metering infrastructure improvement project.

Ameresco Partners with City of Bellmead for Comprehensive Smart Metering Infrastructure Improvement Project

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #atlasenergyintelligence--Atlas Energy Intelligence report ranks Ameresco as ESCO market leader by revenue for 2020-2022.

Atlas Energy Intelligence Report Ranks Ameresco as ESCO Market Leader by Revenue for 2020-2022

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleanenergy--Ameresco to participate at upcoming August conference.

Ameresco to Participate at Upcoming August Conference

Ameresco (AMRC) delivered earnings and revenue surprises of 30.77% and 5.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Ameresco (AMRC) Q2 Earnings and Revenues Surpass Estimates

Ameresco, Inc. (AMRC) CEO George Sakellaris on Q2 2021 Results - Earnings Call Transcript

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleanenergy--Ameresco reports second quarter 2021 financial results.

Ameresco Reports Second Quarter 2021 Financial Results

On Monday, August 02, Ameresco (NYSE:AMRC) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Ameresco's Earnings Outlook

Ameresco (AMRC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Ameresco (AMRC) This Earnings Season?

Ameresco (AMRC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Ameresco (AMRC) Keep the Earnings Surprise Streak Alive?

FRAMINGHAM, Mass. & LONDON--(BUSINESS WIRE)-- #cleanenergy--Ameresco announces completion of roof mount solar PV project with U.K. Ministry of Justice.

Ameresco Announces Completion of Roof Mount Solar PV Project with U.K. Ministry of Justice

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #boardofdirectors--Ameresco announces appointment of Claire Hughes Johnson to Board of Directors.

Ameresco Announces Appointment of Claire Hughes Johnson to Board of Directors

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleanenergy--Ameresco's work with San Joaquin County solar farm earns Top Project of the Year award from Environment + Energy Leader.

Ameresco's Work with San Joaquin County Solar Farm Earns Top Project of the Year Award from Environment + Energy Leader

FRAMINGHAM, Mass. & HOUSTON--(BUSINESS WIRE)-- #cleanenergy--Ameresco reaches commercial operation of Landfill Gas to Renewable Natural Gas plant.

Ameresco Reaches Commercial Operation of Landfill Gas to Renewable Natural Gas Plant

FRAMINGHAM, Mass. & CARMARTHENSHIRE, Wales--(BUSINESS WIRE)-- #cleanenergy--Ameresco announces completion of project with Carmarthenshire County Council for overhaul of Council Estate's infrastructure.

Ameresco Announces Completion of Project with Carmarthenshire County Council for Overhaul of Council Estate's Infrastructure

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #cleanenergy--Ameresco to Announce second quarter 2021 financial results on August 2, 2021.

Ameresco to Announce Second Quarter 2021 Financial Results on August 2, 2021

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FRAMINGHAM, Mass. & ARVADA, Colo.--(BUSINESS WIRE)-- #cleanenergy--Ameresco and the City of Arvada, Colorado, announce completion of energy conservation project.

Ameresco and the City of Arvada, Colorado, Announce Completion of Energy Conservation Project

EVANSTON & CHICAGO, Ill.--(BUSINESS WIRE)-- #cleanenergy--Northwestern University secures EaaS agreement with Ameresco to maximize energy efficiency while advancing sustainability initiatives.

Northwestern University Secures Energy as a Service (EaaS) Agreement with Ameresco to Maximize Energy Efficiency While Advancing Sustainability Initiatives on Campus

News for Ameresco Stock (AMRC)