Ameresco targets $300M Adjusted EBITDA by 2024, double 2021 levels

Ameresco, Inc.

2024 Adjusted EBITDA target of $300M, double 2021 result.
Total addressable market projected to grow from ~$80B (2022) to over $100B (2026).
RNG assets: mechanical completion by end-2024; cumulative MMBtu output could quadruple vs 2021.
SCE BESS project: purchase orders placed, subcontracts executed, all sites mobilized; expects timely completion.
No near-term quarterly guidance provided; long-term strategy and growth drivers reiterated.

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