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)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the release of its 2023 Impact Report on the theme of “Doing Well, by Doing Good: People, Planet and Policy.” The report demonstrates the lasting impact that Ameresco's business has across employees, customers, partners, communities, planet, industry, and beyond. This year's report showcases the multitude of ways that the compan.

Ameresco Releases 2023 Impact Report on “Doing Well, by Doing Good: People, Planet and Policy”

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, has today announced the installation of energy-efficient solar arrays designed to generate 230 KW across a total of (470) 490W PV modules in partnership with Wakefield Municipal Gas & Light Department (WMGLD). The project is split into two separate systems, the first of which (Equipment Garage, Community Solar, Array A) boast a 124.5 kWp ca.

Ameresco Announces the Installation of Energy-Efficient Solar Arrays in Partnership with Wakefield Municipal Gas & Light

FRAMINGHAM, Mass. & HELENS, Ore.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced they have been awarded an Energy Savings Performance Contract (ESPC) from Columbia County, Oregon. The collaboration aims to make the historic John Gumm building more energy efficient, and it is also part of a larger multi-phase effort to enhance the functionality and capacity of county facilities. Under the ESPC,.

Ameresco Awarded Energy Savings Performance Contract to Upgrade Energy Efficiency & Modernize Historic Building in Columbia County, Oregon

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its first quarter 2024 financial results after the close of the market on Tuesday, May 7, 2024. The earnings press release will be available on the “Investor Relations” section of the Company's website at www.ameresco.com. The Company will host an earnings conference call at 4:30 p.m. EDT the same day. In conj.

Ameresco to Announce First Quarter 2024 Financial Results on May 7, 2024

FRAMINGHAM, Mass. & SACRAMENTO, Calif.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it entered a nearly $140M contract to develop and construct an advanced technology biogas cogeneration facility for the Sacramento Area Sewer District located at the EchoWater Resource Recovery Facility (EchoWater Facility) near Elk Grove, California. This on-site renewable energy facility will beneficially.

Ameresco Begins Construction of Biogas Cogeneration Project in Sacramento, California

FRAMINGHAM, Mass. & BOSTON--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of its comprehensive solar installation at Northeastern University's Boston campus. The installation takes the form of an on-grid, rooftop solar system atop the University's landmark Snell Library building. In total, the implemented solar system provides 157.78 kWp DC of power for the University's library.

Ameresco Announces Completion of Comprehensive Solar Project at Northeastern University

FRAMINGHAM, Mass. & INDIANAPOLIS--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, and Matchbook Learning Schools of Indiana will host a groundbreaking ceremony for The Match High School on Wednesday, March 20, 2024. This school will serve grades 9-12 and will feature a state-of-the-art facility for vocational learning and early career exploration. In 2023, Matchbook Learning was chosen, among 23 other organiza.

Ameresco and Matchbook Learning Host Groundbreaking Ceremony for State-of-the-Art High School and Vocational Facility

FRAMINGHAM, Mass. & EDMONTON, Alberta--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, announced a contract to design, engineer and implement energy upgrades across 124 buildings covering 4.6 million square feet at Canadian Forces Base in Edmonton, Canada. The energy conservation measures include the installation of LED lighting, boiler plant and heating system upgrades, converting fuel sources from natural ga.

Ameresco Announces a Contract for Efficiency Upgrades and Emissions Reductions at a Military Base in Western Canada

TARRYTOWN, N.Y.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its strategic partnership with the Public Schools of Tarrytowns. Following a thorough Request for Proposals (RFP) process, Energia, the engineering firm acting as the Owner's Representative during project development and implementation, chose Ameresco as the winner to lead the Comprehensive Energy Audit. The key goals of the progr.

Public Schools of the Tarrytowns Select Ameresco for Energy Performance Contract

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T, AMRC and AHCHY have been added to the Zacks Rank #5 (Strong Sell) List on March 6, 2023.

New Strong Sell Stocks for March 6th

The niche energy company reported its fourth-quarter and full-year 2023 results. Both its revenue and profitability exceeded analyst expectations.

Why Ameresco Stock Topped the Market on Thursday

Ameresco, Inc. (AMRC) Q4 2023 Earnings Call Transcript

Ameresco (AMRC) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.35 per share a year ago.

Ameresco (AMRC) Q4 Earnings and Revenues Top Estimates

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced financial results for the fiscal quarter ended December 31, 2023. The Company also furnished supplemental information in conjunction with this press release in a Current Report on Form 8-K. The supplemental information, which includes Non-GAAP financial measures, has been posted to the “Investors” section of the Company's website.

Ameresco Reports Fourth Quarter and Full Year 2023 Financial Results

Ameresco (AMRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ameresco (AMRC) Earnings Expected to Grow: Should You Buy?

FRAMINGHAM, Mass. & KAHULUI, Hawaii--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its award from Hawaiian Electric Company for the proposed 'Ūkiu Energy 40-megawatt (MW) renewable energy site in Maui. This innovative facility will add critical grid reliability to the island and move Hawaii closer to its clean energy goals, including the state's commitment to achieving 100% renewable electric.

Hawaiian Electric Company Announces Ameresco Award to Develop the 'Ūkiu Energy 40MW Renewable Energy Site

FRAMINGHAM, Mass. & DANVILLE, Ill.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it achieved commercial operation at its landfill gas to renewable natural gas plant at Republic Services' Brickyard Landfill in Danville, Illinois. The Brickyard facility has a gross nameplate of over 500,000 Dekatherms per year, with the potential to displace the production of traditional fuel sources and.

Ameresco Begins Operations of 5.2 MWe Renewable Natural Gas Plant at Republic Services' Brickyard Landfill

FRAMINGHAM, Mass. & KAUAI, Hawaii--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of the installation of new energy efficiency and maintenance advancements at OUTRIGGER Kauai Beach Resort & Spa as part of a 15-year Energy as a Service (EaaS) agreement. The partnership allowed the oceanfront resort to update and replace its energy-related equipment without up-front capital. T.

Ameresco Completes OUTRIGGER Kauai Beach Resort & Spa's Energy Efficiency Renovation as Part of 15-yr EaaS Agreement

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its fourth quarter and full year 2023 financial results after the close of the market on Wednesday, February 28, 2024. The earnings press release will be available on the “Investor Relations” section of the Company's website at www.ameresco.com. The Company will host an earnings conference call at 4:30 p.m. ED.

Ameresco to Announce Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that two of the three SCE sites are in final stages of testing. The Company has engaged an advisor to pursue the issuance of subordinated debt to repay outstanding amounts on the senior secured credit facility as required by the Company's Bank of America term loan and revolving credit facility amendment obligations. The debt rai.

Ameresco Provides Updates on Southern California Edison Company (SCE) Projects and Financing Initiatives

FRAMINGHAM, Mass. & WARREN, Mich.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy announces they have been awarded an Energy Savings Performance Contract (ESPC) from Warren Woods Public Schools in Warren, Michigan. The collaboration aims to improve the district's facilities by promoting sustainability, energy efficiency and financial resilience. Under the ESPC, Ameresco will implement a variety of cutting-edge.

Ameresco Awarded Contract from Warren Woods Public Schools for Transformative Sustainability Infrastructure Project

Ameresco (AMRC), with the completion of a 27 MW solar farm in Illinois, is set to provide clean and reliable energy to customers.

Ameresco (AMRC) Completes 27 MW Solar Farm in Illinois

FRAMINGHAM, Mass. & DEPUE, Ill.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of a 26.3 megawatt (MW DC) 20 MW AC, solar farm in DePue, Illinois. With its completion, the solar farm becomes the largest of its kind in Bureau County and will significantly advance the state's goal of reaching 25 percent renewable energy by 2025. The DePue solar farm consists of 65,832 solar photo.

Ameresco Announces Completion of 27-Megawatt Solar Farm in Village of DePue, IL

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it has received a Silver Award for Energy, Cleantech, and Environment Company of the Year in the 2024 Globee® Awards for American Business. The Globee Awards, which is part of the American Best in Business Awards program, showcases the pinnacle of success and achievement in the business world, bringing together leading companies.

Ameresco Receives Silver Award in 2024 Globee Awards For American Business

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it has won the Company of the Year Award (Large - 1000 and more employees) gold award at the 2023 Best in Biz Awards. The Best in Biz Awards is an independent awards program that celebrates the achievements of executives, employees, teams, company performance, products and services. Winners are determined by independent judging.

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