Ameresco Awarded Contract from Warren Woods Public Schools for Transformative Sustainability Infrastructure Project
January 25 2024 - 7:45AM
Business Wire
Ameresco awarded Energy Savings Performance
Contract to support LED Lighting, HVAC Retrofits, Geothermal,
Roofing, Water Efficiency and Solar Integration for Warren Woods
Public Schools.
Ameresco, Inc. (NYSE: AMRC), a leading cleantech integrator
specializing in energy efficiency and renewable energy announces
they have been awarded an Energy Savings Performance Contract
(ESPC) from Warren Woods Public Schools in Warren, Michigan. The
collaboration aims to improve the district's facilities by
promoting sustainability, energy efficiency and financial
resilience.
Under the ESPC, Ameresco will implement a variety of
cutting-edge technologies and services to improve the overall
energy infrastructure of Warren Woods Public Schools, which is
comprised of one high school, one middle school, three elementary
schools and one alternative high school. This ESPC leverages
Inflation Reduction Act (IRA) funds to include innovative renewable
energy technologies such as solar and geothermal.
"We are thrilled to have been chosen to construct and improve
the sustainable solutions for reliability of Warren Woods Public
Schools," said Lou Maltezos, EVP, Ameresco. "We take great pride in
providing the necessary measures to enhance energy resilience for
school districts and we are proud to be a part of the project with
Warren Woods Public Schools to scale up environmental
sustainability standards."
The project will involve the implementation of advanced
technologies and services, including new LED lighting, HVAC
retrofits, geothermal systems, roofing, water efficiency and solar
integration. The estimated lifetime savings of the sustainability
measures are $8.7 million over the next 25 years.
“The proactive and innovative approach adopted by our school
district ensures the continued financial health of the district and
also aligns with our commitment to environmental sustainability.”
said Stacey Denewith-Fici, Superintendent of Warren Woods Public
Schools. “By embracing creative financial and technological
solutions, our district is set to make substantial strides in
reducing our carbon footprint.”
Construction on the large-scale efficiency work is slated to
begin in 2024 and is expected to reach completion by 2025.
To learn more about the energy efficiency solutions offered by
Ameresco, visit www.ameresco.com/energy-efficiency/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading
cleantech integrator and renewable energy asset developer, owner
and operator. Our comprehensive portfolio includes solutions that
help customers decarbonize to net zero and build energy resiliency
while leveraging smart, connected technologies. From implementing
energy efficiency and infrastructure upgrades to developing,
constructing, and operating distributed energy resources – we are a
trusted sustainability partner. 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 1,300 employees providing local expertise in
North America and Europe. For more information, visit
www.ameresco.com.
The announcement of a customer’s entry into a project contract
is not necessarily indicative of the timing or amount of revenue
from such contract, of the company’s overall revenue for any
particular period or of trends in the company’s overall total
project backlog. This project was not reported in our previously
reported awarded or contracted backlog as of September 30,
2023.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240125000658/en/
Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com
Ameresco (NYSE:AMRC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ameresco (NYSE:AMRC)
Historical Stock Chart
From Apr 2023 to Apr 2024