Ameresco Inc Stock Price, News & Analysis

Ameresco (NYSE: AMRC), a leading energy solutions provider, has announced its management team's participation in three upcoming investor conferences in May and June 2025:

• May 28: SVP/CIO Josh Baribeau will attend Craig-Hallum's 22nd Annual Institutional Investor Conference in Minneapolis
• June 3: EVP/CFO/CAO Mark Chiplock and SVP/CIO Joshua Baribeau will participate in Stifel's 2025 Boston Cross Sector Conference
• June 25: SVP/CIO Joshua Baribeau and President Lou Maltezos will attend ROTH's 15th Annual London Conference

Ameresco (NYSE: AMRC) has secured a significant financial arrangement through its subsidiary, featuring a $78 million Series A note to finance a battery energy storage asset under construction, with maturity in 2045. The comprehensive deal includes planned Series B notes for a solar-plus-storage project and a $300 million uncommitted private shelf facility for future energy assets.

The agreement, established with CounterpointeSRE and Barings, also encompasses investment tax credit transfer arrangements for the battery asset and future projects. This strategic financing structure aims to accelerate Ameresco's deployment of resilient energy infrastructure, focusing on cost savings, resilience, and decarbonization initiatives.

Ameresco (NYSE: AMRC) has completed a water infrastructure modernization project for the City of Cleveland, Texas, implementing Advanced Metering Infrastructure (AMI). The project, initiated in 2024, is expected to generate over $2.5 million in positive cash flow over 15 years and recover approximately $6.8 million in water and sewer revenue. The upgrade includes replacing outdated meters with new solid-state meters, installing AMI components, and implementing a customer portal. The new system will increase meter accuracy from 90.7% to 98.5%, reduce manual readings, and minimize operational costs. Key improvements include automated meter reading capabilities, reduced need for truck rolls, and enhanced customer service through transparent daily water usage monitoring.

Ameresco (NYSE: AMRC) has secured approval from An Bord Pleanála for a significant upgrade to the Kilvinane Wind Farm in Ireland through its subsidiary, Cork Sustainable Energy Limited (CSEL). The wind farm, located in County Cork, consists of three turbines and can produce approximately 8,500 MWh of energy annually. The facility supplies power to Ireland's National Grid, contributing to the country's renewable energy targets.

The upgrade approval was granted based on the project's consistency with local structural characteristics. Ireland holds the position of second-largest producer of wind energy globally in terms of electricity share from wind power. This decision provides greater clarity for wind farm operators and planning authorities regarding routine maintenance activities.

Ameresco (NYSE:AMRC) reported strong Q1 2025 financial results with total revenue increasing 18% to $352.8 million and Adjusted EBITDA growing 32% to $40.6 million. The company posted a net loss of $5.5 million, or ($0.10) per share. Projects revenue grew 23% to $251.5 million, while Energy Assets revenue increased 31% to $56.7 million. The company's contracted backlog reached $2.6 billion, up 78% year-over-year, with total project backlog growing 22% to $4.9 billion. Total revenue visibility stands at nearly $10 billion. Ameresco reiterated its 2025 guidance, expecting revenue of $1.85-1.95 billion and Adjusted EBITDA of $225-245 million. The company brought 11 MWe of Energy Assets into operation and ended Q1 with $71.6 million in unrestricted cash.

Ameresco (NYSE: AMRC) has successfully completed a groundbreaking $1.6M solar array and battery storage project at Southwest Wisconsin Technical College. The project includes a 300-kilowatt solar array and a 125-kilowatt battery storage system, installed behind the Knox Learning Center.

The system will produce approximately 352,710 kilowatt hours, covering 60% of Building 400's electricity needs and saving about $30,000 annually in utility costs. The installation is part of a 10-year Comprehensive Energy Plan completed in January 2024, aiming for a 62% reduction in building energy use and 100% reduction in greenhouse gas emissions.

The college plans to utilize the solar array and battery energy storage system as educational tools for students and apprentices. The project was officially launched with a ribbon-cutting ceremony on April 24th, marking a significant milestone in the institution's commitment to sustainability and energy efficiency.

Ameresco (NYSE: AMRC) has released its 2024 Impact Report, commemorating its 25th anniversary under the theme 'Doing Well by Doing Good: Showing the Way.' Since its founding in 2000, the company has delivered over $16 billion in energy solutions and managed more than 5 GWe of renewable energy resources.

The report highlights achievements across three core pillars: People, Planet, and Policy. Key accomplishments include approximately 17 million metric tons of carbon dioxide equivalent avoided during 2024 through owned energy assets and customer projects. With over 1,500 employees across North America and Europe, Ameresco continues its mission of energizing a sustainable world through infrastructure upgrades, cost reduction initiatives, resilience enhancement, and decarbonization solutions.

Ameresco (NYSE: AMRC) and Southwest Wisconsin Technical College have completed a groundbreaking $1.6 million solar and battery storage project. The installation features a 300-kilowatt solar array and a 125-kilowatt battery energy storage system (BESS).

The system is designed to offset approximately 60% of electricity consumption in Building 400, one of the campus's most active facilities during summer months. The college expects to achieve annual utility cost savings of about $30,000 while ensuring critical backup power for the Student Services building during outages.

This pioneering installation represents the first solar and storage system of its kind on campus, doubling as an educational resource for students pursuing careers in renewable energy and sustainability. The ribbon-cutting ceremony is scheduled for April 24, 2025, at the Solar Field behind the Knox Learning Center in Fennimore, Wisconsin.

Ameresco (NYSE: AMRC) and Matchbook Learning Schools of Indiana celebrated the ribbon-cutting ceremony of The Match High School and Career Center on April 3, 2025, marking the completion of a $20M energy efficiency project in Indianapolis.

The project involved repurposing two industrial warehouse buildings, with Ameresco leading design, engineering, and construction. The career center was completed in summer 2024 to accommodate over 50 students, while the main school was finished in March 2025.

Key energy improvements include advanced building automation controls, building envelope improvements, LED lighting upgrades, and HVAC systems. A 165KW photovoltaic solar and battery energy storage system is scheduled for installation later in 2025. The career center will offer vocational programs in construction trades, welding, engineering, and entrepreneurship.