Company Website:
http://www.ameresco.com
FRAMINGHAM, Mass. -- (Business Wire)
Ameresco, Inc. (NYSE:AMRC), a leading energy
efficiency and renewable
energy company, today announced that it has acquired TerraNavigator,
LLC, a California-based firm that specializes in the origination and
development of solar assets on environmentally-impacted sites throughout
the country. With this acquisition, Ameresco will expand its pipeline of
potential renewable energy projects with a focus on converting these
project opportunities into operating assets that the company will own
and operate.
“We are excited to bring TerraNavigator into the Ameresco family,” said
Lou Maltezos, EVP of Ameresco. “In addition to their pipeline of project
opportunities, the TerraNavigator team brings experience and knowledge
in the renewable energy industry that adds to our existing expertise and
represents an ideal fit with Ameresco’s strategy. We look forward to
advancing our footprint and capabilities in California and the Central
and Northwest U.S.A. as we continue to execute on the Company’s strategy
in the distributed energy resource space.”
As part of the transaction, Ruben Fontes, formerly CEO of
TerraNavigator, has joined Ameresco as Senior Vice President, Large
Scale Distributed Energy Resources. “Our team could not be more pleased
by this partnership,” said Fontes. “We look forward to integrating our
platform seamlessly into the Ameresco suite of value-driving,
customer-focused solutions that are focused on and guided by clean
energy and sustainability.”
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181130005315/en/
Contacts:
Kate Cronin
508.661.2288
news@ameresco.com
Source: Ameresco, Inc.
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