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Ameresco Reaches Mechanical Completion of Landfill Gas to Renewable Natural Gas Plant

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Ameresco, Inc. (NYSE:AMRC) announced the mechanical completion of its McCarty Road landfill gas to renewable natural gas plant in Houston, Texas. With a capacity of over 1.1 million Dekatherms per year, the facility processes 4,500 scfm of raw landfill gas. Despite construction challenges during the pandemic and hurricane season, the project achieved completion in December 2020. This collaboration with Republic Services will reduce over 61,000 tons of CO2 emissions annually, supporting sustainability goals. The plant is set to commence commercial operations in early 2021.

Positive
  • Achieved mechanical completion of the McCarty Road facility despite construction challenges.
  • Projected reduction of over 61,000 tons of CO2 emissions annually supports environmental sustainability.
Negative
  • Announcement does not guarantee immediate revenue generation from the energy asset.
  • Project completion amidst pandemic and hurricanes may indicate future operational risks.

Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, today announced that it achieved mechanical completion at its McCarty Road landfill gas to renewable natural gas plant located in Houston, Texas. This facility has a gross nameplate in excess of 1.1 million Dekatherms per year and is capable of processing 4,500 scfm of raw landfill gas.

The Ameresco team broke ground on the project in second quarter of 2020 and reached mechanical completion in early December 2020 while successfully navigating the construction challenges and equipment delays associated with a global pandemic and an active hurricane season.

“We are proud of this innovative partnership because it allows us to utilize a natural byproduct of the landfill to create low-carbon transportation fuels and other forms of renewable energy,” said Pete Keller, vice president of recycling and sustainability at Republic Services, which owns and operates McCarty Road Landfill. “Last year, Republic Services set a long-term sustainability goal to send 50 percent more landfill gas to beneficial reuse by 2030. This project not only creates additional clean energy resources in the regional economy, but also reduces greenhouse gas emissions and helps us meet that goal.”

“This complex renewable natural gas facility was swiftly constructed amidst incredibly challenging conditions due to the steadfast execution by the dedicated, on-site Ameresco team and our project partners,” said Mike Bakas, executive vice president of Ameresco. “By leveraging advanced technologies to transform the raw feedstock into a readily available renewable fuel source, clean energy can be made available to further reduce our country's reliance on fossil fuel. We are fortunate to have partnered with Republic Services on a project that exemplifies the green energy infrastructure of the future.”

This long-term, collaborative partnership will result in a reduction of more than 61,000 tons of CO2, which is equivalent to 103,000 passenger cars removed from the roads, 58 million gallons of gasoline not combusted or 146,000 acres of pine forest conserved every year over the project life.

“As a leading distributor of sustainable energy solutions, we’re honored to work with Ameresco on the McCarty Road Landfill project, taking gas produced to some of the most forward-thinking organizations throughout the nation,” stated Mike Koel, president of U.S. Gain. "Demand for renewable natural gas from the transportation sector has steadily risen for the past several years and we anticipate this to continue into the future because of the positive impact it offers. Organizations using renewable natural gas reduce transportation-related emissions in support of sustainability goals and lower fuel spend thanks to economic benefits like environmental and tax credits. Despite challenges experienced in 2020, we applaud Ameresco on the progress of this landfill project and look forward to future collaboration.”

The project is expected to reach commercial operations in early 2021.

About Republic Services

Republic Services, Inc. is an industry leader in U.S. recycling and non-hazardous solid waste disposal. Through its subsidiaries, Republic’s collection companies, transfer stations, recycling centers, landfills and environmental services provide effective solutions to make responsible recycling and waste disposal effortless for its customers across the country. Its 36,000 employees are committed to providing a superior experience while fostering a sustainable Blue Planet® for future generations to enjoy a cleaner, safer and healthier world. For more information, visit RepublicServices.com, or follow us at Facebook.com/RepublicServices, @RepublicService on Twitter and @republic_services on Instagram.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.

About U.S. Gain

U.S. Gain is a leader in development and distribution of alternative fuel and renewable thermal energy. Over the past 10 years we’ve diversified throughout the renewable natural gas supply chain, becoming vertically integrated to provide the cleanest fuel and energy at the best value. We’re developing renewable natural gas at farms, landfills and wastewater treatment plants to reduce emissions for sustainably driven organizations. Further, we continue to build out a platform of alternative fuel solutions that enable the polyfuel future fleets demand. Backed by the strength and size of U.S. Venture, Inc., a leading provider of transportation products and insight driving the world forward, we are committed to finding a better way to succeed, by offering unrivaled expertise, tenacity and character in all we do. To learn more, visit www.usgain.com.

The announcement of achieving mechanical completion for an energy asset is not necessarily indicative of the timing or amount of revenue from the energy asset, of the company’s overall revenue for any particular period or of trends in the company’s overall total assets in development or operation. This project was included in our previously reported assets in development as of September 30, 2020.

FAQ

What is Ameresco's recent announcement about AMRC?

Ameresco announced the mechanical completion of its McCarty Road landfill gas to renewable natural gas plant.

When is the McCarty Road plant expected to start operations?

The McCarty Road plant is expected to reach commercial operations in early 2021.

What is the environmental impact of the McCarty Road facility?

The facility is expected to reduce over 61,000 tons of CO2 emissions annually.

What is the capacity of the McCarty Road landfill gas plant?

The plant has a gross nameplate capacity of over 1.1 million Dekatherms per year.

Who partnered with Ameresco on the McCarty Road project?

Ameresco collaborated with Republic Services on the McCarty Road project.

Ameresco, Inc.

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