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. & MISSOULA, Mont.--(BUSINESS WIRE)-- #carbonreduction--Ameresco and the City of Missoula announce completion of new wastewater treatment plant solar PV array.

Ameresco and City of Missoula Announce Completion of New Wastewater Treatment Plant Solar PV Array

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco awarded 2023 North American Energy Services Company of the Year by Frost & Sullivan.

Ameresco Awarded 2023 North American Energy Services Company of the Year by Frost & Sullivan

Jeremy Grantham (Trades, Portfolio), co-founder and head of GMO LLC, disclosed earlier this week his firm upped its stake in Ameresco Inc. ( AMRC , Financial) by 34.03%.

Jeremy Grantham's GMO Powers Up Ameresco Stake

Ameresco has a solid energy efficiency and renewable solutions business and deep customer base in the US; this core will benefit from the US Inflation Reduction Act. Acquisition of Italian company, ENERQOS Energy Solutions, positions Ameresco to expand its European operations, the second major geography for the business.

Ameresco, A Fresh Look At Renewables Solutions

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to announce first quarter 2023 financial results on May 1, 2023.

Ameresco to Announce First Quarter 2023 Financial Results on May 1, 2023

FRAMINGHAM, Mass. & BRISBANE, Australia--(BUSINESS WIRE)-- #carbonreduction--Ameresco and Redflow partner to provide advanced non-lithium energy storage solutions to customers across North America and Europe.

Ameresco and Redflow Partner to Provide Advanced Non-Lithium Energy Storage Solutions to Customers Across North America and Europe

FRAMINGHAM, Mass. & ANCHORAGE, Alaska--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its partnership with Alaska Pacific University (APU) to design and upgrade existing infrastructure at the institution's Thomas Training Center on Eagle Glacier, a world-class training ground for APU Nordic Ski Center's Winter Olympic athletes and world championship cross country skiing hopefuls.

Ameresco Announces Partnership with Alaska Pacific University on Facility Replacement Project

FRAMINGHAM, Mass. & LEEDS, England--(BUSINESS WIRE)-- #carbonreduction--Ameresco extends partnership with Yorkshire Dales Millennium Trust to plant 1,000 trees and restore one hectare of meadow habitat.

Ameresco Extends Partnership with Yorkshire Dales Millennium Trust to Plant 1,000 Trees and Restore One Hectare of Meadow Habitat

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FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, today announced that it will hold an analyst and investor day on Thursday, May 11, 2023 in London. The event will take place between 9:00 – 11:30 a.m. local time.

Ameresco to Host Investor Day in London on May 11, 2023

For this energy efficiency stock, March came in like a bear.

Why Shares of Ameresco Are Falling This Week

Ameresco (AMRC) announces the acquisition of the Italy-based energy company Enerqos to expand in Europe.

Ameresco (AMRC) to Acquire Enerqos for Expansion in Europe

Ameresco, Inc. (NYSE:AMRC ) Q4 2022 Earnings Conference Call February 27, 2023 4:30 PM ET Company Participants Leila Dillon - SVP, Marketing and Communications George Sakellaris - Chairman, President and CEO Doran Hole - EVP and CFO Mark Chiplock - SVP and CAO Conference Call Participants Noah Kaye - Oppenheimer & Co. Stephen Gengaro - Stifel Greg Wasikowski - Webber Research George Gianarikas - Canaccord Genuity Eric Stine - Craig-Hallum Christopher Souther - B Riley Tim Mulrooney - William Blair Kashy Harrison - Piper Sandler Joseph Osha - Guggenheim Partners Chip Moore - EF Hutton Group Pavel Molchanov - Raymond James Ben Kallo - Baird Operator Good day, and thank you for standing by. Welcome to the Q4 2022 Ameresco, Incorporated Earnings Conference Call.

Ameresco, Inc. (AMRC) Q4 2022 Earnings Call Transcript

Ameresco (AMRC) delivered earnings and revenue surprises of -10.26% and 10.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Ameresco (AMRC) Q4 Earnings and Revenues Lag Estimates

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--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, 2022. The Company also furnished supplemental information in conjunction with this press release in a Current Report on Form 8-K.

Ameresco Reports Fourth Quarter and Full Year 2022 Financial Results

FRAMINGHAM, Mass. & MILAN--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator and renewable energy asset developer, owner and operator, today announced the signing of a definitive purchase and sale agreement to acquire ENERQOS Energy Solutions S.r.l., a renewable energy and energy efficiency company headquartered in Milan. With this acquisition, Ameresco will be able to expand its portfolio of clean energy projects and solutions throughout Italy.

Ameresco Announces Acquisition of Enerqos to Expand Presence in Europe

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its Chicago Smart Lighting Program (CSLP) has been awarded the Inspiring Efficiency Impact Award by the Midwest Energy Efficiency Alliance, a collaborative network advancing energy efficiency in the Midwest for sustainable economic development and environmental stewardship.

Ameresco Awarded Inspiring Efficiency Impact Award by Midwest Energy Efficiency Alliance

FRAMINGHAM, Mass. & ALTON, Ill.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its partnership with the City of Alton, Illinois to develop and install a 5 megawatt AC (MWAC)/7 megawatt DC (MWDC) solar array. The solar installation will be developed on a local closed municipal landfill site in the city.

City of Alton, IL and Ameresco Move Forward on 5MW Solar Project

FRAMINGHAM, Mass.--( BUSINESS WIRE )--Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, today announced that it will release its fourth quarter and full year 2022 financial results after the close of the market on Monday, February 27, 2023. 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. ET the same day.

Ameresco to Announce Fourth Quarter and Full Year 2022 Financial Results on February 27, 2023

FRAMINGHAM, Mass.--( BUSINESS WIRE )--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that they have donated three portable power stations to the Cajun Navy Ground Force. This Louisiana-based non-profit organization is focused on quickly responding during and after natural disasters to help socially vulnerable and marginalized populations in crisis.

Ameresco Donates Portable Power Units to Help Support Communities Impacted by Natural Disasters

Rising security concern over North America electrical grid, coupled with large auto energy-fuel conversion from gasoline to electricity? That is AMRC's principal business. “Likely” is the keyword in uncertain future forecasts, where profit margin capture and stock price increases are a combination of corporate managerial skills and current market circumstances.

Ameresco: Best Now Near-Term Electrical Infrastructure Cap-Gain Wealthbuilder

FRAMINGHAM, Mass.--( BUSINESS WIRE )--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, has been named a silver winner in the “Best Place To Work – Large (1000 and more employees)” category by the Best in Biz Awards, an independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.

Ameresco Wins Silver Distinction in 12th Annual Best in Biz Awards

S&P Global

FRAMINGHAM, Mass.--( BUSINESS WIRE )--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has been named a finalist in the S&P Global Platts 2022 Global Energy Awards for the Infrastructure Project of the Year and Corporate Impact, Sustained Commitment categories.

Ameresco Selected as 2022 S&P Global Platts Global Energy Awards Finalist in Two Categories

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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 that it has acquired a wind farm in West County Cork, Ireland. This three-turbine site is designed to deliver a total combined capacity of 5MW of clean energy.

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