Ameresco

Ameresco, Inc. engages in the provision of energy services, including energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions for businesses and organizations throughout North America and Europe. It operates through the following segments: U.S. Regions, U.S. Federal, Canada, Non-Solar Distributed Generation (DG), and All Other. The U.S. Regions, U.S. Federal, and Canada segments offer energy efficiency products and services, such as design, engineering and installation of equipment and other measures to improve the efficiency and control the operation of a facility’s energy infrastructure, and renewable energy solutions and services. The Non-Solar DG sells electricity, processed renewable gas fuel, heat or cooling, produced from renewable sources of energy, other than solar, and generated by small-scale plants, and operations and maintenance services for customer owned small-scale plants. The All Other segment focuses on the provision of enterprise energy management services, consulting services, and integrated-photovoltaic. The company was founded by George Peter Sakellaris on April 25, 2000 and is headquartered in Framingham, MA.

Earnings data Q4 2023

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FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to announce third quarter 2023 financial results on November 6, 2023.

Ameresco to Announce Third Quarter 2023 Financial Results on November 6, 2023

BRISBANE, Australia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Redflow Limited (ASX: RFX), a global leader in clean energy storage, and Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, are pleased to announce that Redflow has signed a US$2.83 million contract with the United States Department of Defense's (DOD) Defense Innovation Unit (DIU) to deliver a prototype microgrid using a 1.2 to 1.4 MWh Redflow long duration energy storage (LDES) system.

Redflow and Ameresco to deploy microgrid for United States Department of Defense

FRAMINGHAM, Mass. & CRAIG, Colo.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the dedication of a regional solar energy project in partnership with communities surrounding the City of Craig, CO, and Yampa Valley Electric Association (YVEA). The project will see the construction of the Yampa Valley Regional Solar Garden, a 4-megawatt-ACsolar array spanning 20 acres to provide solar-generated.

Ameresco Announces Innovative Regional Solar Array Project in Collaboration with City of Craig, Yampa Valley Electric Association, and the Colorado Department of Local Affairs

Ameresco, Inc. consistently fails to generate positive free cash flow, leading to debt accumulation and increased risk. The company's business model relies heavily on selling environmental credits to boost net income, raising concerns about profitability. Insider selling and lack of disclosure on environmental credits add to concerns about governance and the company's financial health.

Ameresco: A Debt-Accumulation Machine And Concerns Around Its Business Model

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FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, today announced that members of its management team will attend the following investor conferences: On September 12, 2023, Ameresco's Executive Vice President and Chief Financial Officer, Doran Hole, will host investor meetings at the ROTH 10th Annual Solar & Storage Symposium in conjunction with Solar Power International (SPI) in Las.

Ameresco to Participate at Upcoming Conferences

FRAMINGHAM, Mass. & PARK CITY, Utah--(BUSINESS WIRE)-- #carbonreduction--Mountain Regional Water receives grant to install floating solar technology and selects Ameresco as design-build partner.

Mountain Regional Water Receives Rocky Mountain Power Blue Sky Grant to Install Floating Solar Technology and Selects Ameresco as Design-Build Partner

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco secures $300M development and construction loan and extends maturity of Senior Secured Credit Facility Term Loan.

Ameresco Secures $300M Development and Construction Loan and Extends Maturity of Senior Secured Credit Facility Term Loan

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco named finalist at the 2023 Energy Awards.

Ameresco Named Finalist at the 2023 Energy Awards

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has been awarded the Department of Energy's (DOE's) Generation 4 (Gen4) energy savings performance contract (ESPC) contract, a government-wide vehicle that allows Federal agencies to leverage private capital and utility cost savings to reduce energy consumption, decarbonize, and enhance the resilience of Federal faciliti.

Ameresco Awarded Generation 4 Contract with The Department of Energy Federal Energy Management Program

FRAMINGHAM, Mass. & LOS ALAMITOS, Calif.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, today announced its acquisition of an energy resilience project that combines a microgrid, solar panels and a battery energy storage system at Joint Forces Training Base (JFTB) in Los Alamitos, California. Ameresco acquired the clean energy asset from Bright Canyon Energy, who was the developer of the microgrid. The.

Ameresco Announces Acquisition of Joint Forces Training Base-Los Alamitos Microgrid Asset

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, today announced that members of its management team will attend the following investor conference: On August 9, 2023, Ameresco's Executive Vice President and Chief Financial Officer, Doran Hole, will host a fireside chat at the Canaccord Genuity 43rd Annual Growth Conference at 9:30am ET. Ameresco's management team, including Mr. Hole and.

Ameresco to Participate at Upcoming Conference

Ameresco, Inc. (NYSE:AMRC ) Q2 2023 Earnings Conference Call July 31, 2023 4:30 PM ET Company Participants Leila Dillon - IR George Sakellaris - Chairman, President and CEO Doran Hole - EVP and CFO Mark Chiplock - SVP and CAO Conference Call Participants Noah Kaye - Oppenheimer Stephen Gengaro - Stifel Joseph Osha - Guggenheim George Gianarikas - Canaccord Genuity William Grippin - UBS Kashy Harrison - Piper Sandler Julien Dumoulin-Smith - Bank of America Tim Mulrooney - William Blair Pavel Molchanov - Raymond James Christopher Souther - B. Riley Eric Stine - Craig-Hallum Operator Good day ladies and gentlemen and thank you for standing by.

Ameresco, Inc. (AMRC) Q2 2023 Earnings Call Transcript

Ameresco (AMRC) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.62 per share a year ago.

Ameresco (AMRC) Q2 Earnings Lag Estimates

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco reports second quarter 2023 financial results.

Ameresco Reports Second Quarter 2023 Financial Results

Ameresco (AMRC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ameresco (AMRC) Expected to Beat Earnings Estimates: Should You Buy?

FRAMINGHAM, Mass. & GLENWOOD SPRINGS, Co.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that the Holy Cross Energy/Colorado Mountain College solar-plus-storage project has been honored with the prestigious Top Project of the Year Award in the Environment + Energy Leader Awards program. This accolade recognizes the company's work with Holy Cross Energy (HCE) and Colorado Mountain College (CMC.

Ameresco Awarded Top Project of the Year by Environment + Energy Leader for partnership with Holy Cross Energy and Colorado Mountain College

A Piper Sandler analyst raised his price target on Ameresco's stock. In May and June, analysts had a more bearish outlook on shares of Ameresco.

Why Shares of Ameresco Are Powering Higher This Week

Ameresco (AMRC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Strength Seen in Ameresco (AMRC): Can Its 7.1% Jump Turn into More Strength?

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FRAMINGHAM, Mass. & BRISTOL, Ind.--(BUSINESS WIRE)-- #carbonreduction--Ameresco and Valmont Industries announce completion of solar array to power concrete utility pole manufacturing facility.

Ameresco and Valmont Industries Announce Completion of Solar Array to Power Concrete Utility Pole Manufacturing Facility

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco to announce Second Quarter 2023 Financial Results on July 31, 2023.

Ameresco to Announce Second Quarter 2023 Financial Results on July 31, 2023

Ameresco (AMRC) signs an agreement with United Power for the installation of a 78.3 MW/313.34 MWh battery storage project.

Ameresco (AMRC) Inks Agreement for Battery Storage Project

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces groundbreaking Battery Energy Storage Asset Contract with United Power.

Ameresco Announces Groundbreaking Battery Energy Storage Asset Contract with United Power

FRAMINGHAM, Mass. & CHICAGO--(BUSINESS WIRE)-- #carbonreduction--Ameresco secures four battery energy storage design/build project contracts totaling 379MWH with Middle River Power at California gas power plants.

Ameresco Secures Four Battery Energy Storage Design/Build Project Contracts Totaling 379MWH with Middle River Power at California Gas Power Plants

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News for Ameresco Stock (AMRC)