Ameresco Inc Stock Price, News & Analysis

Ameresco (NYSE:AMRC) reported strong Q1 2025 financial results with total revenue increasing 18% to $352.8 million and Adjusted EBITDA growing 32% to $40.6 million. The company posted a net loss of $5.5 million, or ($0.10) per share. Projects revenue grew 23% to $251.5 million, while Energy Assets revenue increased 31% to $56.7 million. The company's contracted backlog reached $2.6 billion, up 78% year-over-year, with total project backlog growing 22% to $4.9 billion. Total revenue visibility stands at nearly $10 billion. Ameresco reiterated its 2025 guidance, expecting revenue of $1.85-1.95 billion and Adjusted EBITDA of $225-245 million. The company brought 11 MWe of Energy Assets into operation and ended Q1 with $71.6 million in unrestricted cash.

Ameresco (NYSE: AMRC) has successfully completed a groundbreaking $1.6M solar array and battery storage project at Southwest Wisconsin Technical College. The project includes a 300-kilowatt solar array and a 125-kilowatt battery storage system, installed behind the Knox Learning Center.

The system will produce approximately 352,710 kilowatt hours, covering 60% of Building 400's electricity needs and saving about $30,000 annually in utility costs. The installation is part of a 10-year Comprehensive Energy Plan completed in January 2024, aiming for a 62% reduction in building energy use and 100% reduction in greenhouse gas emissions.

The college plans to utilize the solar array and battery energy storage system as educational tools for students and apprentices. The project was officially launched with a ribbon-cutting ceremony on April 24th, marking a significant milestone in the institution's commitment to sustainability and energy efficiency.

Ameresco (NYSE: AMRC) has released its 2024 Impact Report, commemorating its 25th anniversary under the theme 'Doing Well by Doing Good: Showing the Way.' Since its founding in 2000, the company has delivered over $16 billion in energy solutions and managed more than 5 GWe of renewable energy resources.

The report highlights achievements across three core pillars: People, Planet, and Policy. Key accomplishments include approximately 17 million metric tons of carbon dioxide equivalent avoided during 2024 through owned energy assets and customer projects. With over 1,500 employees across North America and Europe, Ameresco continues its mission of energizing a sustainable world through infrastructure upgrades, cost reduction initiatives, resilience enhancement, and decarbonization solutions.

Ameresco (NYSE: AMRC) and Southwest Wisconsin Technical College have completed a groundbreaking $1.6 million solar and battery storage project. The installation features a 300-kilowatt solar array and a 125-kilowatt battery energy storage system (BESS).

The system is designed to offset approximately 60% of electricity consumption in Building 400, one of the campus's most active facilities during summer months. The college expects to achieve annual utility cost savings of about $30,000 while ensuring critical backup power for the Student Services building during outages.

This pioneering installation represents the first solar and storage system of its kind on campus, doubling as an educational resource for students pursuing careers in renewable energy and sustainability. The ribbon-cutting ceremony is scheduled for April 24, 2025, at the Solar Field behind the Knox Learning Center in Fennimore, Wisconsin.

Ameresco (NYSE: AMRC) and Matchbook Learning Schools of Indiana celebrated the ribbon-cutting ceremony of The Match High School and Career Center on April 3, 2025, marking the completion of a $20M energy efficiency project in Indianapolis.

The project involved repurposing two industrial warehouse buildings, with Ameresco leading design, engineering, and construction. The career center was completed in summer 2024 to accommodate over 50 students, while the main school was finished in March 2025.

Key energy improvements include advanced building automation controls, building envelope improvements, LED lighting upgrades, and HVAC systems. A 165KW photovoltaic solar and battery energy storage system is scheduled for installation later in 2025. The career center will offer vocational programs in construction trades, welding, engineering, and entrepreneurship.

Ameresco SUNEL Energy SA, a joint venture between Ameresco (NYSE: AMRC) and SUNEL Group, has secured €303.4 million in EPC Contracts for three solar parks in southwestern Romania. The 466 MWp projects will feature over 757,000 fixed-tilt solar modules and are designed to replace coal-fired power generation.

The initiative aligns with Romania's commitment to phase out coal by 2032 and aims to enhance the country's energy security while supporting economic growth. As the EPC provider, Ameresco SUNEL Energy SA will manage design, procurement, construction, commissioning, operation, and maintenance.

The solar parks are expected to offset approximately 734,789 tonnes of CO₂ emissions annually. Construction is scheduled for completion within 18 months, supporting Romania's renewable energy targets and strengthening its position in Europe's clean energy transition.

Ameresco (NYSE: AMRC) and Southwest Wisconsin Technical College have completed a groundbreaking $1.6 million solar and battery storage project on campus. The installation features a 300-kilowatt solar array and a 125-kilowatt battery energy storage system (BESS).

The innovative system is designed to offset approximately 60% of the electricity consumption in Building 400, one of the campus's most active facilities during summer months. The project is expected to generate annual utility cost savings of about $30,000 while providing important backup power to the Student Services building during outages.

As the first solar and storage system of its kind on campus, it will serve as a practical learning resource for students pursuing careers in renewable energy and sustainability. The official ribbon-cutting ceremony is scheduled for April 24, 2025, at the Solar Field behind the Knox Learning Center in Fennimore, Wisconsin.

Ameresco (NYSE: AMRC) has secured an $11 million design-build contract with Reed College for comprehensive mechanical, electrical, and seismic upgrades to the college's boiler plant. This project is part of a larger initiative that includes a $2.3 million infrastructure design contract and a $1.8 million lighting upgrade, bringing the total ongoing work value to over $15 million.

The partnership builds upon a previous $5.4 million campus-wide efficiency project completed a decade ago, which generated over $250,000 in annual energy cost savings. The current upgrades are aligned with Reed College's master plan to fully decarbonize the campus and enhance energy efficiency.

The comprehensive project demonstrates Ameresco's continued commitment to providing sustainable energy solutions while strengthening its long-term relationship with Reed College. The initiative aims to improve campus infrastructure, reduce environmental impact, and ensure safe and comfortable learning environments.

Ameresco (NYSE:AMRC) has scheduled the release of its first quarter 2025 financial results for Monday, May 5, 2025, after market close. The company will host an earnings conference call at 4:30 p.m. EDT the same day.

The earnings press release and supplemental financial information will be accessible through the Investor Relations section of Ameresco's website. The supplemental information will be filed on Form 8-K.

Interested participants can join the conference call using the following dial-in numbers:

• USA & Canada (Toll-Free): 1-888-596-4144
• International: 1-646-968-2525
• Conference ID: 5277775

A live webcast will be available through the company's website, with a recorded version accessible for one year after the call.