Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses
08 Janeiro 2025 - 6:05PM
Business Wire
Ameresco’s commitment to energy efficiency,
cost savings, resiliency, and decarbonization continues to guide
its strategic initiatives
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator
specializing in energy efficiency and renewable energy, today
announced the successful year end divestiture of the Applied Energy
Group (AEG), a leading energy technology and advisory services
company with over 100 utility management and demand-side energy
experts to ICF, a global consulting and technology services
provider.
The divestiture underscores Ameresco's commitment to its primary
business areas while actively pursuing new growth opportunities
within its target markets. By streamlining operations, Ameresco is
also better positioned to innovate and expand, ensuring sustained
success and value for all stakeholders. This transition marks a
significant milestone for Ameresco to drive forward its strategic
goals forward.
"We are excited to see the AEG team transition over to ICF where
they can continue to grow and complement the ICF portfolio of
services," said George Sakellaris, President and CEO of Ameresco.
"This successful divestiture will allow us to remain focused on our
core businesses and the exciting growth opportunities within our
target markets."
Ameresco remains steadfast in its dedication to prioritizing
customers and focusing on the key drivers of its business. By
focusing on energy efficiency, cost savings, resiliency, and
decarbonization, Ameresco aims to deliver exceptional value and
innovative solutions that not only meet the evolving needs of its
customers but also contribute to a sustainable future.
To learn more about Ameresco, visit www.ameresco.com.
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 reduce costs, 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, utilities,
healthcare and educational institutions, housing authorities, and
commercial and industrial customers. With its corporate
headquarters in Framingham, MA, Ameresco has more than 1,500
employees providing local expertise in North America and Europe.
For more information, visit www.ameresco.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250108642423/en/
Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com Investor
Relations: Eric Prouty, AdvisIRy Partners, 212.750.5800,
eric.prouty@advisiry.com Lynn Morgen, AdvisIRy Partners,
212.750.5800, lynn.morgen@advisiry.com
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