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.

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Ameresco reports record revenue and profits, eyes growth opportunities

Ameresco's strong financial performance in Q4 2022 and record revenue growth demonstrate the company's resilience and growth potential in the clean tech sector.
Despite operational challenges and delays, Ameresco's strategic acquisitions and market presence in Europe position the company for continued growth and value creation.
Investors can look forward to Ameresco's anticipated growth in adjusted EBITDA, driven by a robust business model and strategic initiatives aimed at expanding market reach and enhancing service offerings.

Ameresco reports robust Q1 performance, eyes European expansion for growth

Ameresco's Q1 performance was strong, with revenue exceeding guidance and a focus on expanding into the European market.
Despite supply chain challenges, the company sees opportunities in converting awarded projects and sustainable cash flow.
Diversified funding sources and strong customer interest position Ameresco for continued growth.
Maintaining financial discipline and leveraging market opportunities are key to Ameresco's growth strategy.

Ameresco reports robust Q2 results, eyes sustainability and growth

Ameresco's strong performance in Q2, focus on sustainability, and robust revenue visibility position the company for continued growth.
While facing challenges in the RIN market and CapEx allocation, Ameresco's strategic initiatives offer opportunities for expansion and value creation.
By reaffirming guidance, targeting larger projects, and exploring M&A, Ameresco demonstrates resilience and adaptability in a dynamic market environment.

Ameresco reports record project backlog in Q3 earnings call

Ameresco's Q3 performance showed strong growth in project backlog and new project awards. While facing challenges in project conversions and delays, the company is adjusting its operational structure for scalability and reacting to market conditions.
The company's strengths lie in emphasizing profitable execution, cash flow generation, and maintaining growth targets. They are leveraging strong RIN prices and exploring opportunities for M&A in Europe.
Despite challenges like supply chain delays and administrative bottlenecks, Ameresco is focused on optimizing cash flow and net income through asset sales. They are navigating delays in project timelines and construction schedules.

Ameresco (AMRC) reports robust Q4 results and eyes European growth

Ameresco's Q4 performance was strong, driven by revenue growth and a focus on executing larger projects. While challenges like supply chain disruptions exist, the company remains confident in meeting 2024 expectations. Opportunities lie in the European market, energy efficiency investments, and lower battery prices impacting project economics.

Ameresco surpasses Q1 revenue targets, affirms strong full-year outlook

Ameresco's Q1 performance exceeded expectations, driven by strong project execution and growth in all business segments. The company remains focused on cash generation, affirmed full-year guidance, and addressed analyst inquiries on project dynamics and growth strategies. Challenges include managing contract risks and ensuring creditworthiness, while opportunities lie in expanding energy asset development and selective business growth initiatives.

Ameresco reports robust Q2 results, poised for clean energy growth

Ameresco's Q2 2024 earnings call reflects exceptional performance, with strong revenue growth, backlog expansion, and revised guidance indicating a positive trajectory.
The company's strengths lie in its resilience in clean energy projects, solid market position, and exciting prospects in RNG projects, offering a strong foundation for growth.
While facing challenges such as CFO transition and debt management, Ameresco has opportunities to leverage its performance, market position, and project portfolio for continued success.

Ameresco reports stellar Q3 results, eyes growth amid challenges

Ameresco's Q3 performance reflects robust growth and financial strength, underpinned by strategic operations and market demand.
While facing challenges like supply chain constraints and election impacts, the company's resilience and opportunities for growth remain promising.
Management's focus on efficiency projects, energy resiliency solutions, and strong financial performance position Ameresco for continued success and market leadership.

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FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its collaboration with the University of California, Irvine and its health system, UCI Health, to install two solar photovoltaic (PV) arrays atop new parking structures at the innovative, all-electric, zero-emission medical campus with the acute care hospital set to open in 2025. This initiative represents a major step towards U.

Ameresco Collaborates with UCI Health to Power the Nation's First All-Electric, Zero-Emission Hospital Campus

Ameresco, Inc. (NYSE:AMRC ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Leila Dillon - SVP, Marketing & Communications George Sakellaris - Chairman, President & CEO Louis Maltezos - President, Central & Western USA, Canada Regions Nicole Bulgarino - EVP & General Manager, Federal & Utility Solutions Mark Chiplock - SVP & Chief Accounting Officer Mike Bakas - EVP, Renewable Natural Gas Conference Call Participants George Gianarikas - Canaccord Genuity Pavel Molchanov - Raymond James Stephen Gengaro - Stifel Noah Kaye - Oppenheimer & Co Sam Kusswurm - William Blair Ben Kallo - Baird William Grippin - UBS Operator Thank you for standing by. My name is Luella, and I will be your conference operator for today.

Ameresco, Inc. (AMRC) Q3 2024 Earnings Call Transcript

Ameresco (AMRC) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.40 per share a year ago.

Ameresco (AMRC) Misses Q3 Earnings Estimates

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced financial results for the fiscal quarter ended September 30, 2024. The Company also furnished supplemental information in conjunction with this press release in a Current Report on Form 8-K. The supplemental information, which includes Non-GAAP financial measures, has been posted to the “Investors” section of the Company's website.

Ameresco Reports Third Quarter 2024 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) Reports Next Week: Wall Street Expects Earnings Growth

FRAMINGHAM, Mass. & ROSEBURG, Ore.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced its collaboration with the Roseburg Urban Sanitary Authority (RUSA) to implement a transformative energy program. This collaboration aims to enhance the resilience, sustainability, and cost-effectiveness of RUSA's key facilities, including its main office, Wastewater Treatment Plant (WWTP), and Natural Treatment.

Roseburg Urban Sanitary Authority (RUSA) Partners with Ameresco to Drive Renewable Energy Innovation and Resilience in Wastewater Management

FRAMINGHAM, Mass. & BRISTOL, England--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, is proud to announce that its Bristol City Leap (BCL) project has been awarded the prestigious 2024 Award of Distinction for Public-Private Collaboration in Cities by the Global Partnership for Local Investment, an initiative of the World Economic Forum in collaboration with UN-Habitat. This accolade recognizes the groundbrea.

Bristol City Leap Wins 2024 Award of Distinction for Public-Private Collaboration in Cities

FRAMINGHAM, Mass. & LONDON--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specialising in energy efficiency and renewable energy, today announced the award of a contract to implement a leading-edge thin film photovoltaic (PV) solution atop the iconic London Stadium. The contract, valued at approximately £3.5 million, includes comprehensive operations and maintenance (O&M) services for the duration of twenty-five years. It forms the vast majority of a £4.35m c.

Ameresco to Revolutionise Stadium Sustainability with Innovative Thin Film PV Solution for London Stadium

FRAMINGHAM, Mass. & HONOLULU--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, in partnership with the U.S. Navy and Hawaiian Electric Company (HECO), is proud to announce that the Pu`uloa Microgrid, a cutting-edge project aimed at enhancing energy resilience for Joint Base Pearl Harbor Hickam (JBPHH) and the island of Oahu, has been selected to be a part of the Grid Resilience and Innovation Partnerships (GRIP.

The U.S. Department of Energy Selected Ameresco's Pu`uloa Microgrid Energy Asset for the Grid Resilience and Innovation Partnerships Program

Ameresco provides cutting-edge, technology-agnostic products and services that support cost savings, decarbonization, and infrastructure upgrades in the energy services market. SAN ANTONIO , Oct. 17, 2024 /PRNewswire/ --  Frost & Sullivan  recently researched the Energy Services industry and, based on its findings, recognizes Ameresco, Inc. , (NYSE: AMRC), with the 2024 Company of the Year Award.

Ameresco Earns Frost & Sullivan's 2024 Company of the Year Award for the Energy Services Industry

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced a new project as part of its ongoing collaboration with Northeastern University. The project will modernize the university's steam distribution system as part of a broader effort to decarbonize the campus, enhance energy efficiency, and leverage renewable energy sources. As part of this modernization, Ameresco will replace North.

Ameresco's Ongoing Partnership with Northeastern University Now Includes a Campus-wide Steam System Replacement Project

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it will release its third quarter 2024 financial results after the close of the market on Thursday, November 7, 2024. The earnings press release will be available on the “Investor Relations” section of the Company's website at www.ameresco.com. The Company will host an earnings conference call at 4:30 p.m. EDT the same day. I.

Ameresco to Announce Third Quarter 2024 Financial Results on November 7, 2024

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced, in collaboration with Columbia County, the successful completion of the renovation of the historic John Gumm building. This project marks a significant milestone for Columbia County and its aim to preserve its historic infrastructure while enhancing the building's functionality to better serve the community. The extensive renov.

Columbia County Completes Renovations of Historic John Gumm Building, Enhancing Community Resources

PG&E

Republic Services

FRAMINGHAM, Mass. & PITTSBURG, Calif.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, Republic Services, Inc. (NYSE: RSG) and Pacific Gas and Electric Company (PG&E) (NYSE: PCG), today celebrated the ribbon cutting for California's largest and most resilient landfill gas (LFG) to renewable natural gas (RNG) plant, located at the Keller Canyon Landfill in Pittsburg, CA. This first of its kind energy center.

Ameresco, Republic Services and PG&E Celebrate the Opening of California's Largest Landfill Gas to Renewable Natural Gas Plant

FRAMINGHAM, Mass. & PARK CITY, Utah--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today celebrated the completion of Utah's first floating solar array, developed in partnership with Mountain Regional Water Special Service District. The floating solar project, located on a holding pond at the Signal Hill Water Treatment Plant, was commemorated with a ribbon-cutting ceremony attended by representatives from A.

Ameresco and Mountain Regional Water Celebrate Completion of Utah's First Floating Solar Project at Signal Hill

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today is proud to announce that the company has been named a finalist for the 2024 CSR & Diversity Awards by Ragan Communications. This recognition highlights Ameresco's steadfast commitment to implementing sustainable practices and promoting diversity, equity, and inclusion (DEI) across its operations and community initiatives. Ameresco's.

Ameresco Named Finalist for 2024 CSR & Diversity Awards by Ragan Communications

FRAMINGHAM, Mass. & MEMPHIS, Tenn.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that its LED Streetlighting, Controls, and Networking Project with the City of Memphis has been recognized by the U.S. Department of Energy (DOE) as part of the 2024 Integrated Lighting Campaign (ILC). The project, which involved the conversion of over 77,000 streetlights to advanced LED fixtures, has been honor.

Ameresco's Memphis LED Streetlighting Project Receives Recognition from U.S. Department of Energy's 2024 Integrated Lighting Campaign

FRAMINGHAM, Mass. & PENDLETON, Ore.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, and the City of Pendleton in Oregon today proudly commemorated a significant milestone in the city's journey toward sustainability and energy resilience. The event, held at the Pendleton Wastewater Treatment and Resource Recovery Facility (WWTRRF), celebrated the groundbreaking of a state-of-the-art 240 kW solar photovoltaic (.

City of Pendleton, Oregon Celebrates Groundbreaking Renewable Energy Milestone at Wastewater Treatment Facility

FRAMINGHAM, Mass. & ATHENS, Greece--(BUSINESS WIRE)--Ameresco Sunel Energy SA has today announced that Delfini, 100 MWp solar photovoltaic (PV) project in Greece, has reached commercial operation. Ameresco Sunel Energy SA, a joint venture company established in Greece between Sunel Group and Ameresco, Inc., was selected by Cero Generation, a leading European solar energy developer, to manage the Engineering, Procurement and Construction (EPC) of the solar project. The Delfini project is underpi.

Ameresco Sunel Energy SA Has Successfully Reached Commercial Operation of Cero Generation's 100 MWp Delfini Project Located in Prosotsani, Drama

Investors need to pay close attention to Ameresco (AMRC) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Ameresco (AMRC) Stock?

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that it has reached an agreement with Southern California Edison Company (SCE) on the substantial completion of two out of three battery energy storage system projects. SCE will pay approximately $110 million within seven days for the milestone completion, reflecting a set-off of liquidated damages which are still in dispute and.

Ameresco and Southern California Edison Reach Agreement on Substantial Completion Milestone for Two Battery Energy Storage Projects

FRAMINGHAM, Mass. & LAYTON, Utah--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced it has been selected by Wasatch Integrated Waste Management District (WIWMD) to design, build, own, and operate a landfill gas to renewable natural gas (RNG) plant at the Davis Landfill in Layton, UT. This project would be Ameresco's second landfill gas beneficial use arrangement with the district and represents b.

Ameresco Selected to Develop Renewable Natural Gas (RNG) Plant at Wasatch Integrated Waste Management District's Davis Landfill

FRAMINGHAM, Mass. & SOMERSWORTH, N.H.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, and the City of Somersworth, today celebrated the groundbreaking of a major solar photovoltaic (PV) installation at the Somersworth Landfill. With attendance from the U.S. Environmental Protection Agency (EPA), the landmark event marked the commencement of the project, which will significantly boost the community's sustainab.

Ameresco and the City of Somersworth Break Ground on New Hampshire's First Landfill Solar Project to be Placed on a Superfund Site

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that, on August 13, 2024, President and Chief Executive Officer, George Sakellaris, and Senior Vice President, Finance and Corporate Treasury, Joshua Baribeau, will present at the Canaccord Genuity 44th Annual Growth Conference at 9am ET. This event will take place at the InterContinental Hotel in Boston, MA. Ameresco's management.

Ameresco to Participate at Upcoming Conference

Ameresco, Inc. (NYSE:AMRC ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Leila Dillon - SVP, Marketing & Communications George Sakellaris - Chairman, President & CEO Nicole Bulgarino - EVP & General Manager, Federal & Utility Solutions Mike Bakas - EVP, Renewable Natural Gas Doran Hole - EVP & CFO Mark Chiplock - SVP & Chief Accounting Officer Conference Call Participants Noah Kaye - Oppenheimer & Co Stephen Gengaro - Stifel George Gianarikas - Canaccord Genuity Kashy Harrison - Piper Sandler Eric Stine - Craig-Hallum Capital Group Craig Irwin - Roth MKM Tim Mulrooney - William Blair William Grippin - UBS Pavel Molchanov - Raymond James Ben Kallo - Baird Julien Dumoulin-Smith - Jefferies Ryan Pfingst - B. Riley Leila Dillon Good afternoon, everyone.

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