Ameresco enters $495M credit facility refinancing, upsizes revolver and adds $220M delayed draw term loan

Ameresco, Inc.

New facilities: $200M revolver (mat. 3/2025), $75M term loan A (mat. 3/2025), $220M delayed draw term loan (draw by 3/2023, mat. 9/2023).
Immediately after closing: $75M term loan drawn, $200M delayed draw drawn, $0 on revolver.
Interest rate 2.3% (Term SOFR + margin 1.5%-2.75%); leverage ratio covenant decreases to 3.5x, DSCR ≥1.5x.
Proceeds for general corporate purposes including SCE Agreement; revolver can be increased up to $100M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.