secwatch.observer — SEC 8-K summary
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Issuer:     Ameresco, Inc. (AMRC)
CIK:        0001488139
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001488139-23-000084
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameresco hosts Investor Day in London; reiterates 2023 guidance and 2024 Adjusted EBITDA target of $300M
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- Reiterated 2023 revenue and adjusted EBITDA guidance; 2024 adjusted EBITDA target reaffirmed at $300M.
- Provided detailed 2023 revenue build assumptions including 90-95% conversion of 12-month contracted project backlog as of March 31, 2023.
- Energy assets in development portfolio of ~$5.7B, total long-term revenue visibility over $12B.
- European expansion strategy discussed; highlighted Bristol City Leap project and partnerships with Enerqos and Sunel Group.
- Expects operating leverage from corporate overhead growing at ~5% for 2024 target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488139/000148813923000084/0001488139-23-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488139/000148813923000084/amrc-20230511.htm
  HTML page:      https://secwatch.observer/filing/0001488139-23-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer