Ameresco Inc Stock Price, News & Analysis

Ameresco, Inc. (NYSE:AMRC) will release its fourth quarter and full year 2021 financial results on February 28, 2022, after market close. The earnings press release will be accessible via the Company's Investor Relations section on its website, followed by a conference call at 4:30 p.m. ET. Participants can join the call by dialing +1 (877) 359-9508 domestically or +1 (224) 357-2393 internationally, with a passcode of 7944909. A live webcast will also be available online.

Ameresco, Inc. (NYSE: AMRC) has announced the commencement of the Slemon Park Microgrid project in collaboration with PEI Energy Corporation. The project, which broke ground in December 2021, will include a 10-MW solar facility with integrated energy storage solutions to enhance energy efficiency in Prince Edward Island. It is projected to offset approximately 4500 tonnes of CO2e/year over its lifespan, supporting the province's goal of achieving Net Zero energy by 2030.

Ameresco, Inc. (NYSE: AMRC) announced that Nicole Bulgarino, Executive VP and GM of Federal Solutions, has been honored in the 2021 Environment + Energy Leader 100 list. This recognition showcases individuals pioneering innovative solutions in environmental and energy management. Over her career, Ms. Bulgarino has led the implementation of more than $2 billion in Federal projects for government agencies including the Department of Defense and Energy. The E+E 100 list celebrates key contributors to sustainability and energy success.

Ameresco (NYSE: AMRC) has partnered with Merthyr Tydfil Council on a £1.09 million energy conservation project. This initiative aims to modernize infrastructure across 31 council sites, including the installation of solar PV systems and LED lighting. Estimated savings from the project are over £136,000 annually, with a goal to reduce carbon emissions by 251 tonnes per year. The construction is scheduled for completion in March 2022, aligning with Merthyr Tydfil's objective to achieve net zero carbon emissions by 2030.

Ameresco, Inc. (NYSE: AMRC) announced its recognition as a finalist in the 23rd annual S&P Global Platts Global Energy Awards. The company is shortlisted for the Rising Star Individual category for Executive Vice President Nicole Bulgarino, who has overseen over $2 billion in federal energy projects. Additionally, Ameresco's solar project with Hamilton Southeastern Schools is a finalist for the Construction Project of the Year award. Winners will be announced at a black-tie gala on December 9 in New York City.

Ameresco, Inc. (NYSE: AMRC) has completed a project with the Hazelwood School District, implementing LED lighting upgrades across 34 buildings. This initiative is projected to save over $1,250,000 in utilities, operations, and maintenance costs. This partnership, which began 18 years ago, aims to improve energy efficiency and enhance the learning environment for students. The project was recognized with two energy savings awards from Ameren Missouri. Construction was completed in July 2021, further solidifying Ameresco's commitment to sustainability and energy solutions.

FlexGen Power Systems has been selected to provide energy storage technology and software for one of the largest energy storage programs in U.S. history, for Southern California Edison (SCE). The project, contracted by Ameresco, aims to deliver approximately 2,150 megawatt-hours of energy, enhancing grid reliability and reducing reliance on natural gas as California transitions to clean energy. The deployment is expected to be completed by Summer 2022, spurred by an emergency proclamation from California's governor to expedite clean energy initiatives.