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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While Ameresco Inc.'s AMRC shares are down due to the disappointing BBB legislative and rates, as well as leverage factors and concerns around its delayed Analyst Day, according to BofA Securities the company offers “superior EBITDA growth (high-teens)” and the potential of a positive reset of long-term estimates. The Ameresco Analyst: Julien Dumoulin-Smith upgraded the rating for Ameresco from Neutral to Buy, while reducing the price target from $88 to $61.

Why This Analyst Believes Ameresco Is Oversold

Ameresco Inc (NYSE: AMRC) has secured the Slemon Park Microgrid project, which it will develop in collaboration with Prince Edward Island (PEI) Energy Corporation. Financial terms were not disclosed.

Ameresco Secures 10-MW Slemon Park Microgrid Project

FRAMINGHAM, Mass. & SUMMERSIDE, Prince Edward Island--(BUSINESS WIRE)-- #carbonreduction--Ameresco awarded 10-MW Slemon Park Microgrid project.

Ameresco Awarded 10-MW Slemon Park Microgrid Project

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Ameresco: Alternative Energy Play As Seen By Market-Makers

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Ameresco (AMRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Ameresco (AMRC) Rating Upgrade to Strong Buy

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FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that Executive Vice President and General Manager of Federal Solutions, Nicole Bulgarino has been named to the 2021 Environment + Energy Leader 100 list. The Federal Solutions team has designed and developed some of the most innovative and complex energy efficiency and renewable energy projects on behalf of the company for gover

Nicole Bulgarino Named Honoree on the 2021 Environment + Energy Leader 100 List

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #bestandbrightestcompanies--Ameresco recognized on list of Best and Brightest Companies to Work For in the Nation.

Ameresco Recognized on List of Best and Brightest Companies to Work For in the Nation

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FRAMINGHAM, Mass. & MERTHYR TYDFIL, Wales--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces energy conservation project partnership with Merthyr Tydfil Council.

Ameresco Announces Energy Conservation Project Partnership with Merthyr Tydfil Council

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today released its 2021 Environmental, Social and Corporate Governance (ESG) report. The report centers on the theme of “Doing Well by Doing Good: Innovation. Action. Integrity.” which reflects the company's ESG programs, strategic initiatives, and commitments for the future. The 2021 ESG report highlights Ameresco's practices pertaining to bus

Innovation. Action. Integrity.

FRAMINGHAM, Mass--(BUSINESS WIRE)-- #carbonreduction--Sustainability-focused Executive Order positions Federal Government for advancement in clean energy initiatives.

Sustainability-Focused Executive Order Positions Federal Government for Advancement in Clean Energy Initiatives

FRAMINGHAM, Mass. & NEW YORK--(BUSINESS WIRE)-- #carbonreduction--Ameresco selected as 2021 S&P Global Platts Global Energy Awards Finalist in multiple categories.

Ameresco Selected as 2021 S&P Global Platts Global Energy Awards Finalist in Multiple Categories

FRAMINGHAM, Mass. & ST. LOUIS--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces completion of energy conservation project with Hazelwood School District.

Ameresco Announces Completion of Energy Conservation Project with Hazelwood School District

Ameresco Inc (NYSE: AMRC) acquired Plug Smart, an Ohio-based energy services company, expanding its existing pipeline and solution offerings in the smart buildings sector. Financial terms were not disclosed.

Ameresco Acquires Plug Smart For Undisclosed Sum

DURHAM, N.C., Dec. 7, 2021 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading battery energy storage solution and software technology provider, is announcing today that it has been selected to provide energy storage technology and software for one of the largest energy storage programs in the Nation's history.

FlexGen Selected by Ameresco to Integrate 2.1GWh of Energy Storage for Southern California

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #carbonreduction--Ameresco announces acquisition of Plug Smart, expanding smart buildings and controls expertise.

Ameresco Announces Acquisition of Plug Smart, Expanding Smart Buildings and Controls Expertise

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #bess--Ameresco receives U.S. Energy Storage Association's Brad Roberts Outstanding Industry Achievement by a Member Organization Award.

Ameresco Receives U.S. Energy Storage Association's Brad Roberts Outstanding Industry Achievement by a Member Organization Award

FRAMINGHAM, Mass. & OAKWOOD, Ill.--(BUSINESS WIRE)-- #carbonreduction--Ameresco, Inc., (NYSE:AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced their partnership with Oakwood School District to construct an addition on the Oakwood Grade School building. Oakwood School District selected Ameresco to address the needs of their aging facilities and construct the build-out to provide an enhanced learning environment for staff and students. Upon project complet

Oakwood School District Partners with Ameresco on Facility Addition

Ameresco (AMRC) Upgraded to Strong Buy: What Does It Mean for the Stock?

Ameresco Inc (NYSE: AMRC) entered into a 15-year Energy as a Service (EaaS) agreement with Kauai Beach Resort for a $15.5 million energy efficiency renovation project. The partnership allows the 25-acre oceanfront resort to update and replace its energy-related equipment without any up-front capital.

News for Ameresco Stock (AMRC)