Ameresco(NYSE) AMRC

Ameresco, Inc. helps organizations like schools and hospitals save money on electricity and heat. The company builds and manages renewable power systems that use sun, wind, and gas. These solutions help customers modernize their buildings while using less energy.

Where the Power Comes From

• North America Regions: Energy efficiency projects and infrastructure maintenance for local governments, schools, and hospitals; generated $197.1 million in revenue for the three months ended June 30, 2026.
• U.S. Federal: Large-scale energy solutions and critical infrastructure upgrades for federal government agencies; brought in $92.6 million in revenue for the three months ended June 30, 2026.
• Europe: Renewable energy project development and integration, including joint ventures in Greece and Romania; generated $155.7 million in revenue for the three months ended June 30, 2026.
• Renewable Fuels: Production of sustainable energy by converting organic waste into processed gas fuel; contributed $54.2 million in revenue for the three months ended June 30, 2026.
• All Other: Sales of integrated photovoltaic solar products and consulting services; generated $15.8 million in revenue for the three months ended June 30, 2026.

Strategic Growth and Partnerships

• Formed the Neogenyx Fuels joint venture in May 2026 by combining its biogas business with an affiliate of HASI.
• Received an initial cash payment of $233.8 million in May 2026 as part of the biogas joint venture agreement.
• Entered the data center market to provide specialized energy infrastructure for facilities with high electricity needs.
• Expanded European operations through increased project activity in Greece and Romania during 2026.

A Focus on Energy Resilience

Ameresco integrates various technologies like microgrids, which are small-scale power systems that can operate independently from the main grid. The company managed a portfolio of 147 wholly-owned renewable energy facilities as of Dec. 31, 2021, to provide long-term energy security for its clients.

Key Performance Numbers

• Total revenue reached $515.5 million for the three months ended June 30, 2026, up 9.1% year over year.
• Operating income was $44.2 million for the three-month period ended June 30, 2026, up 59.0% year over year.
• Total project backlog stood at $6.7 billion as of June 30, 2026, compared to $5.1 billion as of June 30, 2025.
• Net income attributable to common shareholders was $9.7 million for the quarter ended June 30, 2026, down 24.5% year over year.
• The company maintained a market capitalization of $1.2 billion as of mid-2026.

The Bottom Line

Ameresco has evolved from a regional energy auditor into a global developer of complex renewable power infrastructure. Its focus on long-term service contracts and international joint ventures supports a recurring revenue model as organizations seek to modernize aging energy systems.