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)-- #carbonreduction--Ameresco provides Southern California Edison (SCE) project update.

Ameresco Provides Southern California Edison (SCE) Project Update

Improving revenue diversification with strong market positioning. Ambition to capitalize on expanding TAM and potential RNG exponential growth.

Ameresco: Strong Prospects But Expensive To Buy

FRAMINGHAM, Mass. & HONOLULU--(BUSINESS WIRE)-- #carbonreduction--Lendlease partners with Ameresco for $102 million clean energy modernization project at Hickam Communities.

Lendlease Partners with Ameresco for $102 Million Clean Energy Modernization Project at Hickam Communities

FRAMINGHAM, Mass. & BRISTOL, England--(BUSINESS WIRE)-- #bristolcityleap--City of Bristol selects partnership with Ameresco for large multi-pronged approach to achieve carbon neutrality by 2030.

City of Bristol Selects City Leap Partner to Take Action on Climate Change and Achieve Carbon Neutrality by 2030

Ameresco (AMRC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Ameresco (AMRC) Soars 8.5%: Is Further Upside Left in the Stock?

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco hosts 2022 Investor Day and announces 2024 adjusted EBITDA target of $300 Million, double 2021 levels.

Ameresco Hosts 2022 Investor Day

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, confirms that its previously announced Investor Day will take place on Wednesday, March 23, 2022 in New York, NY. Senior management will focus their remarks on key growth opportunities highlighting the portfolio of innovative solutions which makes Ameresco a preferred partner for complex and comprehensive advanced energy projects. Those in

Ameresco Confirms Details of the 2022 Investor Day in New York

FRAMINGHAM, Mass. & CLAPHAM, England--(BUSINESS WIRE)-- #carbonreduction--Ameresco partners with Yorkshire Dales Millennium Trust to plant 500 trees across the Yorkshire Dales Woodlands.

Ameresco Partners with Yorkshire Dales Millennium Trust to Plant 500 Trees Across the Yorkshire Dales Woodlands

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco secures $262 million credit facility increase.

Ameresco Secures $262 Million Credit Facility Increase

FRAMINGHAM, Mass. & HOUSTON--(BUSINESS WIRE)-- #carbonreduction--HGACEnergy selects Ameresco as electricity supply vendor of record.

HGACEnergy Selects Ameresco as Electricity Supply Vendor of Record

Ameresco, Inc. (AMRC) CEO George Sakellaris on Q4 2021 Results - Earnings Call Transcript

Ameresco (AMRC) delivered earnings and revenue surprises of 13.64% and 0.26%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Ameresco (AMRC) Beats Q4 Earnings and Revenue Estimates

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco reports fourth quarter and full year 2021 financial results.

Ameresco Reports Fourth Quarter and Full Year 2021 Financial Results

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces participation in the Guidehouse Clean Hydrogen Economy Consortium pilot project launch.

Ameresco Announces Participation in the Guidehouse Clean Hydrogen Economy Consortium Pilot Project Launch

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FRAMINGHAM, Mass. & CHICAGO--(BUSINESS WIRE)-- #carbonreduction--Ameresco and City of Chicago announce completion of smart street lighting modernization project.

Ameresco and City of Chicago Announce Completion of Smart Street Lighting Modernization Project

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to host first Investor Day in New York on March 23, 2022.

Ameresco to Host First Investor Day in New York on March 23, 2022

The heavy selling pressure might have exhausted for Ameresco (AMRC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

After Plunging 30.8% in 4 Weeks, Here's Why the Trend Might Reverse for Ameresco (AMRC)

FRAMINGHAM, Mass. & SALEM, Ore.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the completion of its streetlight conversion pilot program with the Oregon Department of Transportation (ODOT). The $18.6 million project was funded by an energy savings performance contract (ESPC) and replaced more than 8,000 high-pressure sodium lighting fixtures across the greater Portland area with LEDs. Ameres

Ameresco's Streetlight Conversion Project with the Oregon Department of Transportation Reaches Completion

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to announce fourth quarter and full year 2021 financial results on February 28, 2022.

Ameresco to Announce Fourth Quarter and Full Year 2021 Financial Results on February 28, 2022

While Ameresco Inc.'s AMRC shares are down due to the disappointing BBB legislative and rates, as well as leverage factors and concerns around its delayed Analyst Day, according to BofA Securities the company offers “superior EBITDA growth (high-teens)” and the potential of a positive reset of long-term estimates. The Ameresco Analyst: Julien Dumoulin-Smith upgraded the rating for Ameresco from Neutral to Buy, while reducing the price target from $88 to $61.

Why This Analyst Believes Ameresco Is Oversold

Ameresco Inc (NYSE: AMRC) has secured the Slemon Park Microgrid project, which it will develop in collaboration with Prince Edward Island (PEI) Energy Corporation. Financial terms were not disclosed.

Ameresco Secures 10-MW Slemon Park Microgrid Project

FRAMINGHAM, Mass. & SUMMERSIDE, Prince Edward Island--(BUSINESS WIRE)-- #carbonreduction--Ameresco awarded 10-MW Slemon Park Microgrid project.

Ameresco Awarded 10-MW Slemon Park Microgrid Project

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