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Ameresco Analysis

What is Ameresco?

Energy efficiency and decarbonization solutions for public and private institutions

Employees
1001-5000
Founded
2000
Industry
Renewable Energy
Market Share
3%

Product Features & Capabilities

  • Energy Saving Performance Contracts (ESPC)
  • Distributed Energy Resources (DER)
  • Advanced Metering Infrastructure (AMI)
  • Battery Energy Storage Systems (BESS)
  • Renewable Natural Gas (RNG) facilities
  • Solar Power installations
  • Microgrid systems
  • AssetPlanner® software platform
  • HVAC and indoor air quality upgrades
  • Water management and efficiency systems

Other Considerations

Completed $197M energy infrastructure project with U.S. Naval Research Laboratory; Built 100 MW microgrid for NAS Lemoore data center; Developed largest RNG facility in California; Secured $5.3M project at Ave Maria University; Honored as Gold Stevie® Award Winner in 2025 American Business Awards®; Partnerships with U.S. Navy, Republic Services, and Kimberly-Clark UK

Sustainability Initiatives

Ameresco engages in several sustainability initiatives and practices aimed at reducing costs, enhancing resilience, and achieving decarbonization to net zero. Their efforts include implementing smart energy efficiency solutions, infrastructure upgrades, and developing, constructing, and operating distributed energy resources. They focus on climate action through energy efficiency, demand reduction, electrification, and renewable generation. Additionally, Ameresco offers sustainability advisory services and carbon reporting to help clients develop a clean energy supply. They are committed to reviewing their own carbon footprint, publishing data on emissions, and preparing plans to achieve net zero carbon from their direct operations.

Recent News

  1. Financial Results - Ameresco reported its fourth quarter and full year 2024 financial results, highlighting its role as a leading energy solutions provider focused on helping customers navigate the energy transition.
  2. Energy Resiliency Project - The company has signed an Energy Savings Performance Contract to enhance energy resiliency and achieve net-zero goals at the Denver Federal Center.
  3. Renewable Energy Initiatives - Ameresco was selected as the contractor for a biofuel and solar plant at Pearl Harbor, showcasing its involvement in renewable energy projects.
  4. Impact Report - The company released its 2023 Impact Report, indicating that its customer projects and renewable energy assets avoided approximately 16 million metric tons of carbon dioxide, reflecting its commitment to sustainability.
  5. Solar Array Project - Ameresco has been awarded a contract to build an 8.9-MW solar array at Camp Gagetown in Canada, which is expected to provide significant energy output.

Competitors

  1. MYR Group (MYRG) - Focuses on electrical contracting and transmission services.
  2. Argan (AGX) - Provides construction and engineering services primarily to the energy industry.
  3. Tutor Perini (TPC) - Operates in various sectors, including energy and infrastructure construction.
  4. Great Lakes Dredge & Dock (GLDD) - Specializes in dredging and marine construction, including energy-related projects.
  5. Northwest Pipe (NWPX) - Manufactures pipe products for water and energy infrastructure.
  6. Matrix Service (MTRX) - Offers construction and maintenance services to the energy and industrial sectors.
  7. Orion Group (ORN) - Provides construction and engineering services for energy projects.
  8. Quanta Services (PWR) - Delivers infrastructure solutions for the electric power and oil and gas industries.
  9. EMCOR Group (EME) - Engages in mechanical and electrical construction, including energy services.
  10. Johnson Controls - Delivers advanced solutions in smart building technology and energy efficiency.
  11. Honeywell - A diversified technology company providing a broad portfolio of energy solutions.
  12. Constellation Energy - A competitive energy supplier offering electricity and natural gas solutions.
  13. NextEra Energy - Develops decarbonization solutions and renewable energy projects.
  14. Dominion Energy - A producer and transporter of energy, focusing on utility services.
  15. Sempra Energy - Develops utility projects and provides energy solutions.

HQ Full Address

Ameresco's headquarters is located at 111 Speen Street, Suite 410, Framingham, MA 01701, USA.

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