Key Developments: Ameresco Inc (AMRC.N)

AMRC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ameresco Inc acquires energy consultancy and energy project management business of Energyexcel LLP
Monday, 18 Aug 2014 02:45am EDT 

Ameresco Inc:Acquired the energy consultancy and energy project management business of Energyexcel LLP, an independent energy services provider located in Central London, United Kingdom.Financial terms of the transaction were not disclosed.  Full Article

Ameresco Inc reaffirms FY 2014 guidance
Thursday, 31 Jul 2014 06:00am EDT 

Ameresco Inc:Reaffirms its guidance for FY 2014.Continue to expect to earn revenues in range of $560 mln to $600 mln in FY 2014 and net income in range of $8 mln to $14 mln.FY 2014 revenue of $571 mln and net income of $8 mln - Thomson Reuters I/B/E/S.  Full Article

Ameresco Inc signs Energy Savings Performance Contract with Cole County
Tuesday, 20 May 2014 11:00am EDT 

Ameresco Inc:Says work is commencing on nearly $1.2 mln Energy Savings Performance Contract ( ESPC ) with Cole County, Missouri.Project includes building renovations and expansion of the existing County Emergency Medical Services facility.Upgrades to building infrastructure and energy efficiency improvements within the 9,000 square foot facility are expected to save the County more than $89,000 in annual energy and operational costs.Building will also be modernized to provide more comfortable space with greater functionality for EMS staff and other building occupants, while providing reliable, around the clock county-wide emergency medical services for the community.  Full Article

Ameresco Inc reaffirms FY 2014 revenue guidance; raises FY 2014 net income guidance
Thursday, 8 May 2014 05:50am EDT 

Ameresco Inc:Reaffirms revenue guidance for FY 2014.Continue to expect to earn revenues in range of $560 mln to $600 mln in FY 2014.Expects net income for FY 2014 to be in range of $8 mln to $14 mln.FY 2014 revenue of $574 mln and net income of $8 mln - Thomson Reuters I/B/E/S.  Full Article

Ameresco Inc gives FY 2014 net income outlook; revenue outlook below analysts' estimates
Thursday, 13 Mar 2014 07:15am EDT 

Ameresco Inc:Expects FY 2014 total revenue in the range of $560-$600 mln.Expects FY 2014 net income to be in the range of $7-$12 mln.FY 2014 revenue of $608 mln, net income of $10 mln - Thomson Reuters I/B/E/S.  Full Article

City of Yakima selects Ameresco Inc for citywide LED street light project
Monday, 13 Jan 2014 11:00am EST 

Ameresco Inc:Says it has been selected by the City of Yakima to develop and implement a citywide LED street light project through an Energy Savings Performance Contract (ESPC).Says the City upgraded 400 of its downtown street lights to LED in 2009 using American Recovery and Reinvestment Act (ARRA) funding.Says the new project will convert the balance of the City's 4,000 remaining high pressure sodium street lights, as well as parking, parks and other outdoor lighting, to new LED lighting.Says it will also assist the City in applying for a Washington Department of Commerce energy efficiency grant to help pay for the project.  Full Article

Ameresco Inc Lowers FY 2013 Guidance
Thursday, 7 Nov 2013 07:30am EST 

Ameresco Inc announced that for fiscal 2013. it expects to earn total revenue in the range of $570 million to $590 million and expect net income to be in the range of $11 million to $13 million. Fiscal 2013 guidance is based upon the following assumptions: a substantial improvement in fully-contracted backlog in the fourth quarter; fourth quarter revenue related to the sale of six renewable energy projects; strong fourth quarter revenue growth in two segments and one region; more than 5% revenue growth from our all other offerings; and maintaining operating expenses at or slightly below the current run rate. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $637 million and net income of $16.68 million for fiscal 2013.  Full Article

Ameresco Inc Narrows FY 2013 Guidance To A Range In Line With Analysts' Estimates
Thursday, 8 Aug 2013 07:30am EDT 

Ameresco Inc announced that it is narrowing its guidance range for fiscal 2013. The Company now expect to earn total revenue in the range of $620 million to $640 million and expect net income for fiscal 2013 to be in the range of $18 million to $21 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $630 million and net income of $19 million for fiscal 2013.  Full Article

Ameresco Inc Acquires ESP and Expands Enterprise Energy Management Services
Tuesday, 11 Jun 2013 05:00pm EDT 

Ameresco Inc announced that it has acquired ESP, an energy management consulting company consisting of the Energy Services Partnership and ESP Response, located in Castleford, United Kingdom. With this acquisition, Ameresco adds a local presence in the UK, expertise and seasoned energy industry professionals to support multi-national Enterprise Energy Management (EEM) customers. Terms of the transaction were not disclosed.  Full Article

Ameresco Inc Reaffirms FY 2013 Guidance
Thursday, 9 May 2013 07:00am EDT 

Ameresco Inc announced that for fiscal 2013, it expects to earn total revenue in the range of $620 million to $670 million. The Company also expects net income for fiscal 2013 to be in the range of $18 million to $22 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of revenue of $640 million and net income of $20 million for fiscal 2013.  Full Article

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