Ameresco Inc is a leading energy efficiency and renewable energy company that provides comprehensive solutions to enhance energy performance and sustainability for commercial, industrial, and government clients
The company specializes in developing and implementing innovative strategies that reduce energy consumption, lower costs, and promote the use of clean energy sources such as solar power and biomass. Through its focus on energy audits, renewable project management, and energy management services, Ameresco aims to create sustainable energy solutions that meet the evolving needs of its clients while contributing to a greener future.
Ameresco, Inc. (NYSEAMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced that members of its management team will attend the following investor conferences:
Ameresco, Inc., (NYSEAMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the successful acquisition of ASA Controls, a regional controls contractor and systems integrator based in Cincinnati, Ohio. With this acquisition, Ameresco expands its existing pipeline and solution offerings in the smart buildings sector.
Shares of energy and renewable energy projects company Ameresco (NYSEAMRC)
fell 32.9% in the afternoon session after the company reported weak fourth quarter results: its full-year EBITDA and revenue guidance fell short of Wall Street's estimates. On the other hand, Ameresco blew past analysts' EBITDA and its EPS outperformed Wall Street's estimates. Still, this was a weaker quarter.
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Energy and renewable energy projects company Ameresco (NYSEAMRC) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 20.7% year on year to $532.7 million. On the other hand, the company’s full-year revenue guidance of $1.9 billion at the midpoint came in 1.8% below analysts’ estimates. Its non-GAAP profit of $0.88 per share was 12.6% above analysts’ consensus estimates.
Ameresco, Inc. (NYSEAMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced financial results for the fiscal quarter ended December 31, 2024. 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 at www.ameresco.com. Reconciliations of Non-GAAP measures to the appropriate GAAP measures are included herein. All financial result comparisons made are against the prior year period unless otherwise noted.
CRC Innovations, an integrated energy and infrastructure solutions pioneer, and Ameresco, Inc., (NYSEAMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced an over $200 million Energy Saving Performance Contract (ESPC) to provide capital improvements at U.S. Army military housing at Fort Bragg, N.C.; Fort Meade, Md.; and Fort Sill, Okla.
Ameresco, Inc., (NYSEAMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the approval of their proposal for a streetlight technology pilot for the city of New Orleans. This pilot project aims to revolutionize the city's streetlighting infrastructure by integrating cutting-edge LED lights and smart city technology, enhancing energy efficiency and public safety.
Ameresco’s stock price has taken a beating over the past six months, shedding 32.9% of its value and falling to $19.62 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Ameresco, Inc., (NYSEAMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, has been awarded a major solar energy and resiliency project at the 5th Canadian Division Support Base (CDSB) in Oromocto, New Brunswick. This large-scale solar project represents a critical step toward supporting the Government of Canada’s commitment to procure 100% clean electricity for federal facilities by 2025.
Ameresco, Inc., (NYSEAMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the successful refinancing and expansion of its term loan and revolving credit facility. The Company entered into a sixth amended and restated senior secured credit agreement with a syndicate of lenders, including Bank of America, N.A., Keybank National Association, Cooperative Rabobank U.A., New York Branch, Webster Bank, N.A. and HSBC Bank USA, N.A.
Ameresco, Inc., (NYSEAMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it has been awarded the Silver Company of the Year Award (Large – 1000+ employees) at the 2024 Best in Biz Awards. This independent awards program honors exceptional performance across industries, with winners determined by a panel of esteemed judges from prominent publications such as Barron’s, Wired, and the Los Angeles Times.
Ameresco, Inc., (NYSEAMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the progression of two groundbreaking solar projects on former landfill sites in North Ayrshire, Scotland. The Nethermains and Shewalton solar farms, developed in partnership with Detra Solar, represent a significant milestone in North Ayrshire Council’s Sustainable North Ayrshire Strategy to achieve net-zero carbon emissions by 2030.
Ameresco, Inc. (NYSEAMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its fourth quarter and full year 2024 financial results after the close of the market on Thursday, February 27, 2025. 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.
Ameresco, Inc., (NYSEAMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the execution of an Energy Savings Performance Contract (ESPC) with the U.S. General Services Administration (GSA) that will move the Denver Federal Center (DFC) a long way toward GSA’s ambitious goal of achieving a net-zero campus by 2045.
Ameresco, Inc., (NYSEAMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the successful year end divestiture of the Applied Energy Group (AEG), a leading energy technology and advisory services company with over 100 utility management and demand-side energy experts to ICF, a global consulting and technology services provider.
Ameresco, Inc., (NYSEAMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the Ritenour School District Path to Trades (P2T) program, a two-year work-based learning initiative aimed at high school students in Missouri. Ameresco assisted with the development of the Path to Trades program and is a sponsor and mentor within the P2T program, which provides students with unique experiences in the construction trades, mentorship from industry professionals, and certifications that equip them with real-world skills and career readiness.
Ameresco, Inc., (NYSEAMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, announced the launch of the SOLSTICE microgrid project, a transformative renewable energy initiative developed in collaboration with the City of Edmundston and in partnership with Edmundston Energy. This project will supply the city with reliable, sustainable energy, reduce its carbon footprint, and support local economic growth. As the largest rooftop solar installation in the Atlantic region, SOLSTICE features a 1 MW solar capacity combined with a 2 MWh battery energy storage system (BESS), specifically designed to enhance grid resilience and meet peak energy demands.
