Ameresco Inc. - AMRC STOCK NEWS

Ameresco, Inc. completes a $15.5 million energy efficiency renovation at OUTRIGGER Kauai Beach Resort & Spa under a 15-year Energy as a Service agreement. The project includes upgrading guest room fan coil units, central chiller plant, hot water distribution, electrical transformers, and exterior lighting with energy-efficient solutions. Ameresco will maintain and operate the new equipment for the duration of the agreement, showcasing a commitment to environmental stewardship and sustainability.

Ameresco, Inc. (NYSE:AMRC) will release its Q4 and full year 2023 financial results on February 28, 2024. The earnings press release and supplemental information will be available on the company's website. An earnings conference call will be hosted at 4:30 p.m. EDT the same day, with a live webcast available. Participants can pre-register to access the call.

Ameresco, Inc. (AMRC) announces final testing stages for two SCE sites, engaging advisor for debt raise to support growth initiatives, and upcoming release of Q4 2023 financial results.

Ameresco, Inc. (NYSE: AMRC) has 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. The project will involve the implementation of advanced technologies and services, including new LED lighting, HVAC retrofits, geothermal systems, roofing, water efficiency, and solar integration. The estimated lifetime savings of the sustainability measures are $8.7 million over the next 25 years. Construction on the large-scale efficiency work is slated to begin in 2024 and is expected to reach completion by 2025.

Ameresco, Inc. completes a 26.3 MW solar farm in DePue, Illinois, projected to produce 37,000 megawatt hours of green, emission-free energy in its first year. The solar farm will significantly advance Illinois' goal of reaching 25% renewable energy by 2025. The project will offset 25,947 metric tons of CO2 annually, equivalent to taking 5,509 passenger vehicles off the road for a year.

Ameresco, Inc. (NYSE: AMRC) has been recognized as a company of the year in the Energy, Cleantech, and Environment category for their excellence and innovation in the industry.

Ameresco, Inc. (NYSE: AMRC) wins the Large Company of the Year award at the 2023 Best in Biz Awards for its sustainability efforts, including delivering a carbon offset equivalent to approximately 14.7 million metric tons of CO2 in 2022. The company was recognized for completing energy savings and environmentally friendly projects with federal, state, and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers.

Ameresco, Inc. (NYSE:AMRC) has been selected in Hawaiian Electric Company’s clean energy procurement initiative to bring a cleaner and more resilient energy supply to Hawaii. The company was awarded two clean energy facilities located on the island of O‘ahu. The Pu`uloa Energy installation is designed to generate 99 megawatts (MW) of firm renewable power leveraging clean fuels including biodiesel and biogas fuels. The Pu`uloa Solar project is designed to provide Oahu with an additional 6.4 MW of solar generation combined with 6 MW/30 megawatt hours (MWH) of energy storage to provide solar after sunset when electricity use remains high. Pending successful negotiation of a power purchase agreement with Hawaiian Electric and approval by the Hawai‘i Public Utilities Commission, Pu`uloa Solar and Pu`uloa Energy as planned is expected to begin supplying electricity to customers by Q3 2026 and Q4 2027, respectively. Together these facilities will deliver clean, renewable energy, help reduce dependence on fossil fuels, and further support Hawaii’s pathway to increased energy independence.

Ameresco, Inc. (NYSE: AMRC) and Sunel Group announced the construction of five ground-mounted solar PV parks in the UK. Once completed, the projects are expected to generate enough clean energy to power over 85,000 homes and reduce 58,000 metric tons of CO2 emissions annually.