Ameresco and Silver Spring Networks Collaborate to Accelerate Smart Cities
December 14 2016 - 8:00AM
Business Wire
Silver Spring’s StarfishTM Network-as-a-Service
deployments to provide foundation to support innovative,
cutting-edge solutions to help achieve greater resource
efficiencies in leading cities
Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and
renewable energy company, announced today that it has executed a
non-exclusive master reseller agreement with Silver Spring Networks
(NYSE:SSNI), a leading networking platform and solutions provider
for the Internet of Important ThingsTM, making Ameresco one of
several highly respected channel partners for Silver Spring’s
standards-based offerings. The collaboration affords an innovative
approach to assist cities and other public lighting operators to
deliver smart street lighting programs and to establish a
foundation for future Internet of Things (IoT) applications and
services such as smart water, traffic signals, and distributed
energy resources.
“This is a natural evolution of Ameresco’s successful track
record in implementing energy saving LED street lighting conversion
projects,” said Louis Maltezos, Executive Vice President, Ameresco.
“In addition, it enables us to extend our traditional project
implementation role into an ongoing service/support role while more
seamlessly offering a broader array of energy management and smart
city value-added services and capabilities to our customers.”
This agreement allows Ameresco to offer Silver Networks’ IPv6
StarfishTM platform and SLV6 city management platform service
models to Ameresco’s customers as part of its smart city and
municipal street lighting solution offerings. Ameresco believes
Silver Spring’s solution will be a valuable tool as Ameresco
continues to enhance and execute its LED and Smart City
strategy.
“We look forward to working with Ameresco to help utilities and
cities build smart lighting systems and to support their broader
smart cities goals,” said Brandon Davito, Vice President, Smart
Cities and Street Lighting, Silver Spring Networks. “Ameresco
offers outstanding value at a lower capital expenditure, reducing
the capital and operational barriers that have constrained the
market.”
The innovative network-as-a-service model allows municipalities
and utilities to cost-effectively deploy a multi-application
network and data platform without having to build and manage the
network themselves, helping to reduce their capital outlay and the
need for IT expertise. The economics and benefits of the smart
street light network approach helps cities and utilities manage
their resources prudently, and achieve sustainability-driven
initiatives and goals throughout their communities.
About Silver Spring NetworksSilver Spring Networks
enables the Internet of Important Things™ by reliably and securely
connecting things that matter. Cities, utilities, and companies on
five continents use the company’s cost-effective, high-performance
IoT network and data platform to operate more efficiently, get
greener, and enable innovative services that can improve the lives
of millions of people. With more than 24.9 million devices
delivered, Silver Spring provides a proven standards-based platform
safeguarded with military grade security. Silver Spring Networks’
customers include Baltimore Gas & Electric, CitiPower &
Powercor, ComEd, Consolidated Edison, CPS Energy, Florida Power
& Light, Pacific Gas & Electric, Pepco Holdings, and
Singapore Power. Silver Spring has also deployed networks in Smart
Cities including Copenhagen, Glasgow, Paris, Providence, and
Stockholm. To learn more, visit www.ssni.com.
About Ameresco, Inc.Founded in 2000, Ameresco, Inc.
(NYSE:AMRC) is a leading independent provider of comprehensive
services, energy efficiency, infrastructure upgrades, asset
sustainability and renewable energy solutions for businesses and
organizations throughout North America and Europe. Ameresco’s
sustainability services include upgrades to a facility’s energy
infrastructure and the development, construction and operation of
renewable energy plants. Ameresco has successfully completed energy
saving, environmentally responsible projects with Federal, state
and local governments, healthcare and educational institutions,
housing authorities, and commercial and industrial customers. With
its corporate headquarters in Framingham, MA, Ameresco has more
than 1,000 employees providing local expertise in the United
States, Canada, and the United Kingdom. For more information, visit
www.ameresco.com.
Forward-Looking StatementsThis press release contains
forward-looking statements about Silver Spring Networks’
expectations, plans, intentions, and strategies, including, but not
limited to statements regarding the scope of Silver Spring’s
engagement with Ameresco, Inc.; the performance, capabilities and
benefits of Silver Spring Networks’ IPv6 STARFISH platform and
service models as part of smart city and municipal street lighting
solutions offerings. Statements including words such as
“anticipate”, “believe”, “estimate”, “expect” or “future” and
statements in the future tense are forward-looking statements.
These forward-looking statements involve risks and uncertainties,
as well as assumptions, which, if they do not fully materialize or
prove incorrect, could cause our results to differ materially from
those expressed or implied by such forward-looking statements. The
risks and uncertainties include those described in Ameresco Inc.’s
and Silver Spring Networks’ respective documents filed with or
furnished to the Securities and Exchange Commission. All
forward-looking statements in this press release are based on
information available to Ameresco Inc. and Silver Spring Networks
as of the date hereof. Neither Ameresco Inc. nor Silver Spring
Networks assumes no obligation to update these forward-looking
statements.
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AmerescoCarolAnn Hibbard, 508-661-2264news@ameresco.comorSilver
Spring NetworksAmy Nunnemacher, 669-770-4183Global
Communicationspr@ssni.com
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