Ameresco Inc Stock Price, News & Analysis

Ameresco (NYSE: AMRC) has partnered with the U.S. Army's Detroit Arsenal to implement an innovative 3D printing project for building efficiency upgrades. The initiative, part of the Department of Defense's Environmental Security Technology Certification Program (ESTCP), will utilize Branch Technology's Cellular Fabrication process to create custom insulation panels for the facility. The project covers 6,250 square feet of building envelope and aims to improve energy efficiency by 50%. A 300-square-foot mockup will be tested at NREL's Colorado facility. The collaboration between Ameresco, Branch Technology, and NREL represents one of the first DoD projects to demonstrate large-scale 3D printing applications for energy efficiency, potentially setting a precedent for future military and federal building retrofits.

Ameresco (NYSE: AMRC) and the City of Pendleton, Oregon celebrated the completion of a 240-kilowatt solar photovoltaic canopy system at the city's Wastewater Treatment and Resource Recovery Facility. The innovative solar canopy, the first of its kind in the region, is expected to generate 325,000 kWh of electricity annually, offsetting approximately 30% of the facility's total energy consumption. The project, delivered through an Energy Savings Performance Contract, was funded through state grants, utility incentives, and city resources. Beyond energy production, the canopy provides additional benefits by shading the facility's chlorine contact chamber, improving water quality and supporting aquatic ecosystem health. The city plans to enhance the system's capabilities with a future battery energy storage system to further reduce operational costs.

Ameresco (NYSE: AMRC) and the City of Pendleton, Oregon announced the completion of a 240 kW solar canopy project at the city's Wastewater Treatment and Resource Recovery Facility (WWTRRF). The innovative installation, the first of its kind in the region, is projected to generate 325,000 kWh of electricity annually, reducing the facility's energy consumption by 30%. The project is part of a larger Energy Savings Performance Contract (ESPC) that includes future plans for a battery energy storage system (BESS). Ameresco provided price and performance guarantees while ensuring participation from disadvantaged and local businesses. The ribbon-cutting ceremony is scheduled for June 11, 2025, highlighting Pendleton's commitment to energy efficiency and environmental stewardship.

Ameresco (NYSE: AMRC) has appointed Cenk Güler as Director of Nuclear Partnerships, marking its strategic entry into the nuclear energy market. In this newly created role, Güler will focus on microreactor and Small Modular Reactor (SMR) technology, leading strategic partnerships, technical diligence, and nuclear network development across industry and federal agencies. Güler brings significant experience from Westinghouse Electric Company, where he led global teams in advanced reactor development and space power applications. He holds an MBA from the University of Pittsburgh and advanced degrees in Nuclear Engineering. The appointment aligns with Ameresco's mission to expand its energy infrastructure portfolio and meet growing demand for reliable power, particularly in federal, utility, and data center markets.

Ameresco (NYSE: AMRC) and the City of Pendleton, Oregon, are celebrating the completion of a 240 kW solar canopy project at the city's Wastewater Treatment and Resource Recovery Facility (WWTRRF). The innovative installation, the first of its kind in the region, is projected to generate 325,000 kWh of electricity annually, reducing the facility's energy consumption by 30%. The project is part of a comprehensive Energy Savings Performance Contract (ESPC) that includes future plans for a battery energy storage system (BESS). Ameresco provided price and performance guarantees while ensuring participation from disadvantaged and local businesses. The ribbon-cutting ceremony is scheduled for June 11, 2025, showcasing Pendleton's commitment to energy efficiency and environmental stewardship.

Ameresco (NYSE: AMRC) has successfully sold approximately $71 million in Investment Tax Credits (ITCs) generated from three landfill-gas-to-renewable natural gas (RNG) projects that were placed in service in 2024. This transaction represents Ameresco's third ITC sale to a corporate buyer and its first sale of RNG tax credits under the transferability rules. The company developed, constructed, financed, and currently operates these RNG projects. The deal, facilitated by STX Group, demonstrates Ameresco's capability to monetize clean energy incentives through various financial structures and diverse investor pools, following their previous success with solar and battery storage tax credit transactions, including a notable deal with MassMutual.

Ameresco (NYSE: AMRC) has partnered with the Los Angeles Unified School District (LAUSD) to implement a $20.7 million solar and EV charging infrastructure project across five middle schools. The project involves installing 2.7 MW of solar carport and shade structure PV systems at Northridge, Pacoima, Sherman Oaks, Sun Valley, and Sutter middle schools.

The initiative is part of a larger program to install solar at 21 LAUSD schools, supporting the district's 2019 Clean Energy Resolution targeting 100% clean energy by 2040. The comprehensive 21-school program is expected to generate up to $168 million in utility cost avoidance over the 25-year project term, with a net cost avoidance of up to $45.7 million after implementation and maintenance costs.

Ameresco (NYSE: AMRC) has announced the successful start of commercial operations for its 1.3 MW solar photovoltaic canopy project in Reston, Virginia, developed in partnership with BXP (NYSE: BXP). The innovative system, mounted on a downtown parking garage at Reston Town Center, is expected to generate approximately 1.5 million kilowatt-hours of renewable energy annually.

The behind-the-meter project, completed in late 2024, transforms the parking facility into a megawatt-scale renewable energy plant while providing covered parking. The installation will deliver cost savings through competitive energy pricing, enhance energy security, and reduce grid dependence for BXP's Reston Town Center facility.

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