Highest-materiality recent filing
Ameresco shareholders approve 3.2M share increase in equity incentive plan
Stockholders approved amendment to 2020 Equity Incentive Plan, increasing shares reserved by 3,200,000 shares of Class A common stock.
Ameresco closes biogas JV with HASI; receives $100M, retains 70% stake
Closed joint venture Neogenyx Fuels with HASI on May 12, 2026; Ameresco contributed its biogas business.
Ameresco forms biogas JV Neogenyx Fuels with HASI; financial terms redacted
Ameresco contributes biogas assets and subsidiaries to new JV Neogenyx Fuels LLC; HASI receives 4,000,000 Class B interests.
Ameresco forms biogas JV with HASI ($400M investment); Q1 net loss $18.3M
HASI invests $400M for 30% of Neogenyx Fuels JV; Ameresco receives $100M at closing.
Ameresco adds $45M to term loan, appoints Co-Presidents and COO
Term loan increased by $45M to $140M; proceeds used to repay revolver balance; quarterly payments start $1.81M June 2026.
Full year 2025 revenue of $1,932.1M; net income $44.3M and GAAP diluted EPS $0.83.
Ameresco Q3 2025: Revenue $526M, GAAP EPS $0.35, Backlog $5.1B
Revenues of $526.0M; net income attributable to common shareholders of $18.5M.
Ameresco Q2 2025 revenue $472.3M (+8% YoY), Adj. EBITDA $56.1M (+24%), backlog above $5B
Revenue $472.3M, net income $12.9M, GAAP EPS $0.24, non-GAAP EPS $0.27.
Ameresco shareholders approve officer exculpation charter amendment, elect directors
Filed Certificate of Amendment on June 5, 2025 to limit officer liability under Delaware law.
Ameresco Q1 revenue $352.8M (+18% YoY), net loss $5.5M, GAAP EPS ($0.10), Adj. EBITDA $40.6M (+32%)
Total project backlog grew 22% YoY; contracted backlog up 78% YoY; total revenue visibility nearly $10B.
Ameresco reports FY24 revenue $1.77B (+29% YoY); GAAP EPS $1.07; backlog up 24% to $4.8B
FY24 revenue $1,769.9M (+29% YoY); GAAP EPS $1.07; Non-GAAP EPS $1.20; Adj. EBITDA $225.3M.
Ameresco refinances and upsizes credit facilities to $325M, adds international lenders
New $225M revolver and $100M term loan both mature Dec 28, 2028, extending prior March 2025 maturity.
Ameresco Q3 revenue $500.9M (+49% YoY); GAAP EPS $0.33; backlog up 22% to $4.5B
Revenue of $500.9M, up 49% YoY; project revenue up 59%.
SCE to pay ~$110M within 7 days for substantial completion milestone of two battery storage projects.
Ameresco Q2 revenue $438M, EPS $0.09; CFO Doran Hole resigns, Mark Chiplock promoted
Revenue $438M; net income $5M; GAAP EPS $0.09, non-GAAP EPS $0.10; adjusted EBITDA $45.1M (incl. $6.6M SoCal Ed revision).
Ameresco closes $100M second lien term loan with Nuveen, repays existing debt
$100M second lien term loan closed with Nuveen; net proceeds ~$97.1M.
Ameresco stockholders elect directors, ratify auditor, approve ESPP amendment
David J. Corrsin, George P. Sakellaris, Joseph W. Sutton elected Class II directors until 2027.
Ameresco Q1 revenue $298.4M, net loss $2.9M; reaffirms guidance
Revenue $298.4M; GAAP EPS ($0.06); non-GAAP EPS ($0.10); net loss of $2.9M.
Ameresco amends credit facility, extends delayed draw term loan maturity to Aug 2024
Remaining $35M delayed draw term loan A due in installments: $5M paid at closing, $7.5M each on May 15, June 15, July 15, Aug 15, 2024.
Ameresco Q4 2023 revenue $441.4M, GAAP EPS $0.64; guides to 38% Adj. EBITDA growth in 2024
Full year 2023 revenue $1,374.6M; net income $62.5M ($1.17 GAAP EPS); Adjusted EBITDA $163.0M.
Ameresco updates on SCE battery projects; plans subordinated debt for credit facility
Two of three SCE battery storage sites are in final stages of testing.
Amendment extends $65M delayed draw term loan A maturity to Apr 15, 2024 with $10M repayments on Jan 31, Feb 29, Mar 31, 2024.
Ameresco Q3 revenue $335M, GAAP EPS $0.40; backlog up 14% QoQ; guidance reset due to project delays
Revenues $335.1M; net income $21.3M; GAAP & non-GAAP EPS $0.40; adjusted EBITDA $43.3M.
Ameresco EVP Britta MacIntosh to resign, transition to consulting role
Britta MacIntosh resigns as EVP, West Region and European Operations, effective Dec 31, 2023.
Ameresco subsidiary upsizes RNG credit facility to $500M, extends maturity to 2039
RNG Holdings amended loan with Hannon Armstrong affiliate; prior facility had $215M outstanding.
Ameresco amends credit facility and secures $300M construction loan from HASI
Amendment extends maturity of $220M delayed draw term loan A; $55M paid now, $45M due Nov 15, 2023, remaining Dec 15, 2023.
Ameresco Q2 revenue $327.1M, GAAP EPS $0.12; record backlog up 9% sequentially
Revenue $327.1M, net income $6.4M, GAAP EPS $0.12, non-GAAP EPS $0.15.
Claire Hughes Johnson, Charles R. Patton, and Frank V. Wisneski elected as Class I directors until 2026.
Reiterated 2023 revenue and adjusted EBITDA guidance; 2024 adjusted EBITDA target reaffirmed at $300M.
Ameresco Q1 2023: Revenue $271M, GAAP EPS $0.02, Backlog up 13% QoQ
Revenue $271.0M; net income $1.1M; GAAP EPS $0.02; non-GAAP EPS $0.03; adj. EBITDA $27.4M.
Kupono Solar, an Ameresco JV subsidiary, entered a $141M construction loan with Fifth Third Bank, drawing ~$91M at closing.
Full year 2022 revenue $1,824.4M (+50% YoY); net income $94.9M (+35%); GAAP EPS $1.78 (+32%).
Director Douglas I. Foy retires; Miller and Johnson assume committee roles
Douglas I. Foy retired as Class III director effective Jan 27, 2023; resignation not due to any disagreement.
Ameresco reports Q3 2022 revenue $441.3M, up 61% YoY; GAAP EPS $0.51, up 55%
Revenue $441.3M (+61% YoY); net income $27.4M (+57%); GAAP EPS $0.51, Non-GAAP EPS $0.54.
Ameresco subsidiary enters $125M RNG credit facility, refinances prior $50M facility
RNG Holdings (Ameresco subsidiary) borrows up to $125M at 6.5% from HA RNG Lender LLC (Hannon Armstrong affiliate), maturing Oct 2037.
Ameresco subsidiary enters $125M RNG credit facility at 6.5% interest, maturing 2037
RNG Holdings refinanced prior $50M facility into a new $125M non-recourse loan from Hannon Armstrong affiliate.
Ameresco Q2 record revenue $577.4M, net income up 136%; reiterates FY22 guidance
Revenue $577.4M, +111% YoY; net income $32.2M, +136%; GAAP EPS $0.61, +135%.
Board member Thomas S. Murley resigns effective June 30, 2022; no disagreement cited
Thomas S. Murley resigned as Class I director, effective June 30, 2022, not due to any disagreement with the company.
Ameresco annual meeting elects directors Foy, Miller, Stravopoulos; defers annual option grant
Shareholders elected Douglas I. Foy (97.0M for, 18.1M withheld), Jennifer L. Miller (111.7M for, 3.5M withheld), and Nickolas Stravopoulos (102.1M for, 13.0M withheld) as Class III directors.
Ameresco reports record Q1 revenue $474M (+88% YoY); EPS $0.32 GAAP, $0.36 non-GAAP
Net income $17.4M (+56% YoY); adjusted EBITDA $45.1M (+52% YoY).
COVID-19 lockdowns in China and new transportation safety policies may delay battery deliveries for three BESS projects with SCE.
Ameresco targets $300M Adjusted EBITDA by 2024, double 2021 levels
2024 Adjusted EBITDA target of $300M, double 2021 result.
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).
Ameresco Q4 revenue up 32% to $416M; FY 2021 EPS $1.35; backlog >$5B
Q4 revenue $415.9M (+32% YoY), net income $28.2M (+20%), GAAP EPS $0.53 (+13%).
Ameresco Q3 net income $17.4M; raises FY21 guidance; secures 537.5 MW SCE BESS contract
Revenue $273.7M, down 3% YoY; GAAP EPS $0.33; Non-GAAP EPS $0.41 (+8% YoY).
Ameresco signs $892M EPCM contract with SCE for 537.5 MW battery storage
Three BESS facilities totaling 537.5 MW (2.15 GWh) at SCE substations in CA; total EPC price ~$892M.
Ameresco Q2 revenue $273.9M (+23%), Non-GAAP EPS $0.34 (+79%)
Revenue $273.9M (+23% YoY), Net income $13.7M (+213%), GAAP EPS $0.26.
Claire Hughes Johnson elected independent director effective July 21, 2021, term expiring at 2023 annual meeting.
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.
Mark Chiplock, 54, has been promoted to the role of Executive Vice President and Chief Financial Officer, effective August 31, 2024
Doran Hole who joined the Company on July 1, 2019 as Executive Vice President and Chief Financial Officer and on August 2, 2024 tendered his resignation effective August 30, 2024 to pursue other opportunities.
On October 23, 2023, Ameresco, Inc. (the “Company”) announced that Britta MacIntosh has informed the Company of her intent to resign for personal reasons from her position as Executive Vice President, West Region and European Operations, effective December 31, 2023, after which she will continue to support the Company in a consulting capacity.
On April 19, 2023, the board of directors unanimously approved the appointment of Charles R. Patton as a class I director of the A meresco, Inc. (the “Company”).
On January 27, 2023, Ameresco, Inc. (the “Company”) received notice from Douglas I. Foy, that he is retiring from his position as a Class III director of the Company effective as of the same day.
On June 2, 2022 , Ameresco, Inc. (the “Company”) received notice from Thomas S. Murley, that he wished to resign from his position as a Class I director of the Company.
On July 19, 2021, David J. Anderson tendered his resignation to Ameresco, Inc. stating that he resigned, effective immediately, from his position as director of Ameresco and its subsidiaries.
On July 21, 2021, the Board of Directors of Ameresco elected Claire Hughes Johnson to serve as an independent director of the Ameresco in the class of directors whose terms expire at Ameresco’s 2023 Annual Meeting of Stockholders and as a member of the Compensation Committee of the Board of Directors.
Max materiality 0.85 · Median 0.68 · Most common event earnings