Ameresco, Inc. reports news about energy infrastructure solutions that help customers reduce energy use, modernize facilities, improve resiliency, and add distributed energy resources. Recurring updates include earnings releases, project awards, backlog trends, renewable energy assets, operations and maintenance activity, and energy efficiency work for government, education, healthcare, utility, data center, housing authority, and commercial customers.
Company announcements also cover solar installations, HVAC and LED upgrades, performance savings contracts, renewable fuels and biogas activities, sustainability reporting, and strategic capital actions tied to its energy asset portfolio. Ameresco operates across North America and Europe through segments that include North America Regions, U.S. Federal, Renewable Fuels, Europe, and other activities.
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.
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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 location value="LU/us.ny.nyc"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.
Ameresco, Inc. (NYSE: AMRC) has acquired Ohio-based Plug Smart, an energy services company specializing in budget-neutral capital improvement projects, including building automation systems. This acquisition enhances Ameresco's smart building solutions and strengthens its clean energy pipeline. Plug Smart's proven expertise in energy efficiency will complement Ameresco's existing offerings. The financial terms of the acquisition remain undisclosed, but Ameresco does not expect a significant impact on its 2021 financial results.
Ameresco, Inc. (NYSE: AMRC) has received the 2021 Brad Roberts Outstanding Industry Achievement by a Member Organization Award from the U.S. Energy Storage Association. The award recognizes Ameresco's innovative strategies in the battery energy storage systems (BESS) market and its impactful projects at critical facilities, such as the U.S. Marine Corp Recruit Depot Parris Island. The award ceremony highlighted advancements in the energy storage sector, promising resilience against climate challenges and job creation. Ameresco aims to lead the transition to a greener future through its energy-efficient solutions.