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

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Ameresco (NYSE: AMRC) announced a collaboration with UCI Health to install two solar photovoltaic arrays for the nation's first all-electric, zero-emission hospital campus. The project includes 1.4 MW capacity solar arrays expected to generate over 2.3 million kWh of clean energy in the first year, equivalent to powering 200 homes. Ameresco will handle design, engineering, financing, construction, and maintenance under a 25-year power purchase agreement (PPA). The medical campus, featuring a 144-bed acute care hospital, is set to open in 2025 and aims to achieve carbon neutrality with 100% clean energy.

Ameresco (NYSE: AMRC) ha annunciato una collaborazione con UCI Health per installare due impianti fotovoltaici per il primo campus ospedaliero completamente elettrico e a zero emissioni del paese. Il progetto include impianti solari con capacità di 1,4 MW che si prevede genereranno oltre 2,3 milioni di kWh di energia pulita nel primo anno, equivalente al fabbisogno energetico di 200 abitazioni. Ameresco si occuperà della progettazione, ingegneria, finanziamento, costruzione e manutenzione nell'ambito di un contratto di acquisto di energia (PPA) di 25 anni. Il campus medico, che ospiterà un ospedale di 144 letti per cure acute, è previsto in apertura nel 2025 e punta a raggiungere la neutralità carbonica utilizzando energia al 100% pulita.

Ameresco (NYSE: AMRC) anunció una colaboración con UCI Health para instalar dos instalaciones solares fotovoltaicas para el primer campus hospitalario completamente eléctrico y de cero emisiones del país. El proyecto incluye instalaciones solares con capacidad de 1,4 MW que se espera generen más de 2,3 millones de kWh de energía limpia en el primer año, equivalente al consumo energético de 200 hogares. Ameresco se encargará del diseño, ingeniería, financiación, construcción y mantenimiento bajo un contrato de compra de energía (PPA) de 25 años. El campus médico, que contará con un hospital de 144 camas para cuidados agudos, se inaugurará en 2025 y tiene como objetivo alcanzar la neutralidad de carbono con un 100% de energía limpia.

Ameresco (NYSE: AMRC)는 UCI Health와 협력하여 미국 최초의 전기 전용 제로 배출 병원 캠퍼스를 위한 두 개의 태양광 발전소를 설치한다고 발표했습니다. 이 프로젝트에는 1.4 MW 용량의 태양광 발전소가 포함되며, 첫 해에 230만 kWh 이상의 청정 에너지를 생성할 것으로 예상되며, 이는 200가구에 전력을 공급하는 것에 해당합니다. Ameresco는 25년 전력 구매 계약(PPA)에 따라 설계, 엔지니어링, 자금 조달, 건설 및 유지 관리 작업을 처리할 것입니다. 144병상 응급 치료 병원을 포함하는 이 의료 캠퍼스는 2025년에 개원할 예정이며, 100% 청정 에너지를 통해 탄소 중립성을 달성하는 것을 목표로 하고 있습니다.

Ameresco (NYSE: AMRC) a annoncé une collaboration avec UCI Health pour installer deux systèmes photovoltaïques solaires pour le premier campus hospitalier entièrement électrique et zéro émission du pays. Le projet comprend des systèmes solaires d'une capacité de 1,4 MW qui devraient générer plus de 2,3 millions de kWh d'énergie propre la première année, équivalent à la consommation énergétique de 200 foyers. Ameresco s'occupera de la conception, de l'ingénierie, du financement, de la construction et de la maintenance dans le cadre d'un contrat d'achat d'énergie (PPA) de 25 ans. Ce campus médical, qui comprendra un hôpital de soins aigus de 144 lits, devrait ouvrir en 2025 et vise à atteindre la neutralité carbone avec 100% d'énergie propre.

Ameresco (NYSE: AMRC) gab bekannt, dass eine Zusammenarbeit mit UCI Health zur Installation von zwei solarbetriebenen Photovoltaikanlagen für den ersten rein elektrischen Krankenhauscampus des Landes ohne Emissionen erfolgt. Das Projekt umfasst solare Anlagen mit einer Kapazität von 1,4 MW, die im ersten Jahr über 2,3 Millionen kWh saubere Energie erzeugen sollen, was dem Energiebedarf von 200 Haushalten entspricht. Ameresco wird das Design, die Ingenieurleistungen, die Finanzierung, den Bau und die Wartung im Rahmen eines 25-jährigen Stromabnahmevertrags (PPA) übernehmen. Der medizinische Campus mit einem 144-Betten-Akutkrankenhaus soll 2025 eröffnet werden und strebt an, mit 100% sauberer Energie die Kohlenstoffneutralität zu erreichen.

Positive
  • Secured 25-year power purchase agreement (PPA) for long-term revenue stability
  • Project establishes market leadership in healthcare sustainability solutions
  • Includes long-term operation and maintenance service contract
Negative
  • None.

Insights

This collaboration marks a significant milestone in healthcare infrastructure development. The 1.4 MW solar installation with a 25-year PPA represents a substantial long-term revenue stream for Ameresco. The project's scope, including design, engineering, financing, construction and maintenance, provides multiple revenue channels. The expected generation of 2.3 million kWh annually demonstrates meaningful scale.

The strategic importance extends beyond immediate financials. As the first all-electric, zero-emission hospital campus in the U.S., this project positions Ameresco as a pioneer in healthcare sector decarbonization - a massive market opportunity given healthcare facilities' typically large carbon footprints. The successful execution could lead to similar contracts across the healthcare industry, particularly as sustainability regulations tighten.

The project's innovative approach to hospital infrastructure represents a paradigm shift in healthcare facility design. All-electric hospitals have historically faced skepticism due to concerns about power reliability for critical operations. This implementation with UCI Health, a major healthcare provider, validates the feasibility of zero-emission healthcare facilities and could accelerate industry-wide adoption.

The 144-bed acute care hospital component is particularly noteworthy, as it demonstrates that even intensive care operations can be supported by renewable energy infrastructure. This could influence future healthcare construction projects nationwide, potentially creating a new standard for hospital development that benefits companies with proven expertise in this space.

Solar PV Arrays to Power All-Electric Medical Campus, Setting a Benchmark for Sustainability in the Healthcare Industry

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 UCI Health’s goal of achieving carbon neutrality and procuring 100% clean energy, making the new UCI Health – Irvine Campus Medical Complex in addition to The Joe C. Wen & Family Center for Advanced Care one of the most sustainable healthcare facilities in the nation.

Rendering of the solar photovoltaic (PV) arrays atop new parking structures (Photo: Business Wire)

Rendering of the solar photovoltaic (PV) arrays atop new parking structures (Photo: Business Wire)

Ameresco is responsible for the turnkey design, engineering, arrangement of financing, and construction of the new PV systems. In addition, Ameresco will provide operation and maintenance services to ensure optimal system performance over the full 25-year power purchase agreement (PPA) term. The PV arrays, with a combined capacity of approximately 1.4 MW, are expected to generate over 2.3 million kWh of clean energy in the first year alone equivalent to the annual energy consumption of over 200 homes.

"By helping construct the first all-electric, zero-emission hospital campus in the U.S., we’re not only advancing the sustainability goals of UCI Health but enabling them to stay focused on their core mission to 'Discover, Teach, Heal,’" said Lou Maltezos, Executive Vice President of Ameresco. "We’re proud to collaborate with UCI Health on this groundbreaking initiative, providing long-term energy savings and operational stability that will set a new standard for the healthcare industry – what a win for all involved."

The UCI Health – Irvine medical campus opened in 2024, with outpatient care at the Joe C. Wen & Family Center for Advanced Care and the Chao Family Comprehensive Cancer Center and Ambulatory Care building. The final phase includes a 144-bed acute care hospital and is slated to open in 2025, providing state-of-the-art medical care to the surrounding community. Ameresco and UC Irvine Health’s collaboration on this exciting endeavor ensures that the new facility will serve as a model for future healthcare campuses nationwide.

For more information about Ameresco and its renewable energy solutions, visit www.ameresco.com.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes solutions that help customers reduce costs, decarbonize to net zero, and build energy resiliency while leveraging smart, connected technologies. From implementing energy efficiency and infrastructure upgrades to developing, constructing, and operating distributed energy resources – we are a trusted sustainability partner. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, utilities, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit www.ameresco.com.

The announcement of Ameresco’s development of a renewable energy asset is not necessarily indicative of the timing or amount of revenue from such asset, of Ameresco’s overall revenue for any particular period or of trends in Ameresco’s overall total assets in development or operation. This project was included in Ameresco’s previously reported assets in development as of September 30, 2024.

Media Contact:

Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com

Source: Ameresco, Inc.

FAQ

What is the capacity of Ameresco's solar installation for UCI Health's zero-emission hospital?

The solar installation consists of two PV arrays with a combined capacity of 1.4 MW, expected to generate over 2.3 million kWh of clean energy in the first year.

When will UCI Health's zero-emission hospital campus powered by Ameresco (AMRC) open?

The acute care hospital phase of the campus is scheduled to open in 2025, while the outpatient care facilities opened in 2024.

What is the duration of Ameresco's (AMRC) power purchase agreement with UCI Health?

Ameresco has secured a 25-year power purchase agreement (PPA) with UCI Health, including operation and maintenance services.

Ameresco, Inc.

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