---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-029811"
form_type: "8-K"
ticker: "AMRC"
cik: "0001488139"
company_name: "Ameresco, Inc."
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:52:32.633646+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ameresco forms biogas JV with HASI ($400M investment); Q1 net loss $18.3M

## Summary
- HASI invests $400M for 30% of Neogenyx Fuels JV; Ameresco receives $100M at closing.
- Q1 revenue $401.5M; GAAP EPS ($0.35); Non-GAAP EPS ($0.33); Adj. EBITDA $40.5M.
- Awarded backlog grew 20% YoY; total backlog up 8% YoY.
- Michael Bakas steps down as President – Renewable Fuels to become CEO of JV.
- JV distribution: 48%/52% to Ameresco/HASI until 9% IRR, then 70%/30%.

## SEC filing metadata
- accession: 0001628280-26-029811
- form_type: 8-K
- ticker: AMRC
- cik: 0001488139
- company_name: Ameresco, Inc.
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488139/000162828026029811/0001628280-26-029811-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488139/000162828026029811/amrc-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-029811
- JSON: https://secwatch.observer/filing/0001628280-26-029811.json
- Plain text: https://secwatch.observer/filing/0001628280-26-029811.txt

## Source-grounded claims
- claim_id: a3752c71328635844e16d6c8bd6afb5b137f6159
  claim: Ameresco, Inc. reported first quarter ended March 31, 2026 results: revenue $401.5 million, net income $18.3 million, EPS ($0.35).
  evidence_excerpt: Revenues of $401.5 million • Net loss attributable to common shareholders of $18.3 million • GAAP EPS of ($0.35)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488139/000162828026029811/0001628280-26-029811-index.htm
- claim_id: c1c65bce88
  claim: Michael Bakas departed as President of Renewable Fuels at Ameresco, Inc..
  evidence_excerpt: Mr. Bakas, who currently serves as President of Renewable Fuels of Ameresco will step down from this role at Ameresco and become the Chief Executive Officer of the Joint Venture.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488139/000162828026029811/0001628280-26-029811-index.htm
- claim_id: fd05a44fd65a04ae55de3975aefb15d3b20bab52
  claim: Ameresco, Inc. entered into Contribution Agreement with an affiliate of HA Sustainable Infrastructure Capital, Inc. (HASI) valued at $400 million (effective 2026-05-04).
  evidence_excerpt: on May 4, 2026 , Ameresco, Inc., a Delaware corporation (“we,” the “Company,” or “Ameresco”), through certain of its subsidiaries, including Ameresco Biogas HoldCo LLC (“AMRC Biogas HoldCo”), entered into a contribution and equity purchase agreement (the “Contribution Agreement” and, the transactions contemplated thereby, the “JV Transaction”) with an affiliate of HA Sustainable Infrastructure Capital, Inc., a Delaware corporation (“HASI” and, such affiliate, “JV Investor”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488139/000162828026029811/0001628280-26-029811-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.