secwatch.observer — SEC 8-K summary
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Issuer:     Ameresco, Inc. (AMRC)
CIK:        0001488139
Form:       8-K
Filed at:   2023-10-03T23:59:59+00:00
Accession:  0001488139-23-000164
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Ameresco subsidiary upsizes RNG credit facility to $500M, extends maturity to 2039
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- RNG Holdings amended loan with Hannon Armstrong affiliate; prior facility had $215M outstanding.
- New Restated RNG Credit Facility: available borrowings increased to $500M, maturity extended to August 31, 2039.
- At closing, subsidiary drew $135.5M to pay costs, reimburse project costs, and fund reserve accounts.
- Loan bears interest at 6.70% with residual cash flows until lender achieves 8.51% IRR or facility discharge (August 31, 2049).
- Prepayment allowed after August 30, 2027 with premiums: 102% (2027–2029), 101% (2029–2031), none after August 30, 2031.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488139/000148813923000164/0001488139-23-000164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488139/000148813923000164/amrc-20230928.htm
  HTML page:      https://secwatch.observer/filing/0001488139-23-000164

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