Ameresco, Inc. - AMRC STOCK NEWS

Ameresco, Inc. (NYSE:AMRC) will disclose its fourth quarter and full year 2020 financial results post-market on March 1, 2021. The earnings press release will be accessible via the Investor Relations section of its website. A conference call will follow at 4:30 PM ET, providing supplemental financial details. Participants can join the call by phone or via a live webcast. Established in 2000, Ameresco specializes in clean technology, energy efficiency, and renewable energy solutions, serving a diverse clientele across North America and Europe.

Ameresco, Inc. (NYSE: AMRC) has been selected to replace Wellesley College’s Central Utility Plant, enhancing energy efficiency and supporting sustainability goals. The project includes advanced equipment and aims to reduce natural gas usage and utility costs while helping the College achieve a 37% reduction in greenhouse gas emissions by 2026. Construction commenced in December 2020, with commissioning expected in May 2021. This partnership demonstrates Wellesley College's commitment to environmental stewardship and positions Ameresco as a key player in clean technology integration.

Ameresco, Inc. (NYSE: AMRC) has successfully completed renovations at Shaw’s Center, enabling it to function as a COVID-19 testing and vaccination center for the Brockton Neighborhood Health Center. The project, valued at over $1 million, includes new roofs, seven rooftop unit replacements, and other critical upgrades, completed under a tight schedule amid rising COVID-19 cases. The renovations support Massachusetts' 'Stop the Spread' campaign and were funded by the CARES Act. Mayor Robert F. Sullivan expressed gratitude for Ameresco's efforts in revitalizing the community center.

Ameresco, Inc. (AMRC) has commenced a $173 million energy savings performance contract project at Norfolk Naval Shipyard (NNSY) in Portsmouth, Virginia. This initiative includes the construction of a 19-MW combined heat and power plant, a 3-MW battery energy storage system, and a microgrid control system, expected to reduce grid electricity use by 68%. The project aims to enhance energy security and deliver over $411 million in guaranteed cost savings over the performance period. Construction is set to conclude in 2022, with operations maintained until January 2044.

Ameresco (NYSE: AMRC) and Wells Fargo (NYSE: WFC) have announced a collaboration to develop approximately 30 megawatts (MW) of onsite solar generation assets across seven states. This project includes nearly 100 solar photovoltaic arrays at various locations, with construction starting in April and continuing into 2022. As part of its sustainability efforts, Wells Fargo has been using renewable energy for all its global electricity needs since 2017. The initiative is expected to bolster local job creation and tax revenue, while Ameresco's expertise made it the preferred partner for this extensive project.

Ameresco, Inc. (NYSE:AMRC), a leader in energy efficiency and renewable energy, announced its participation in the Needham Growth Conference on January 14, 2021. Senior Vice President and CFO Doran Hole will present at 10:45 AM ET, joined by CEO George Sakellaris and other management team members for virtual investor meetings throughout the day. With a focus on sustainability, Ameresco provides comprehensive energy solutions, infrastructure upgrades, and renewable energy services across North America and Europe, employing over 1,000 professionals.

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.

Ameresco (NYSE: AMRC) announces that its founder and CEO, George Sakellaris, has been honored as an Environment + Energy Leader E+E 100 Honoree and awarded the Silver Winner in Best in Biz's Executive of the Year category. These awards recognize leaders who demonstrate innovation and commitment to renewable energy solutions. This recognition comes as Sakellaris celebrates 20 years as CEO and the company's 20th anniversary. Ameresco is a provider of energy efficiency and renewable energy solutions across North America and Europe.