Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable
energy company, announced today that it was chosen to receive the
Climate Change Business Journal's 2010 Business Achievement Award for
Growth. Climate Change Business Journal (CCBJ), a business research
publication which provides high value strategic business intelligences
to the climate change industry, recognized Ameresco with a Silver Medal
for Business Growth within the low carbon power and renewable power
segment. CCBJ honored 32 companies for their contributions to mitigating
climate change in 2010.
?We are proud to be recognized for the substantial growth that Ameresco
achieved in 2010,? said David J. Anderson, Executive Vice President,
Ameresco. ?In a year when many businesses and governments were severely
impacted by the economy, Ameresco's budget-neutral energy efficiency
solutions and renewable energy projects offered winning energy
infrastructure strategies for its customers. Through the implementation
of these strategies, they realize the economic benefits from
infrastructure improvements without any upfront capital investment.?
Like other energy services companies (ESCOs), Ameresco earns a portion
of its revenues through energy savings performance contracts in which a
third-party lender funds the design and installation of energy
efficiency equipment then gets paid based on energy cost savings, which
are often guaranteed in the contract. Ameresco has been one of the
leaders in expanding this model to develop renewable energy projects,
where Ameresco designs, builds, owns and operates an energy asset for
which it receives revenue from energy sales, including landfill gas,
biogas, biomass, geothermal and photovoltaic projects.
?In this fast-emerging industry just about everyone by definition is an
early mover and a risk taker and thereby deserving of recognition, but
certain companies and organizations stood out in 2010,? said Grant
Ferrier, president of Environmental Business International Inc. (San
Diego), the publisher of Climate Change Business Journal.
The 2010 CCBJ awards were presented at a special ceremony at the
Environmental Industry Summit IX in Coronado, California on March 9,
2011. The Environmental Industry Summit is an annual three-day event
hosted by CCBJ publisher EBI Inc.
Recently, Ameresco was also recognized for its innovative approaches to
energy projects by the Association of Energy Engineers (AEE) New
England. Ameresco's projects were awarded in categories including:
?Performance Contract of the Year? for its City of Revere project and
?Renewable Energy Project of the Year? for its project with the City of
About Ameresco, Inc.
Ameresco, Inc. was incorporated in Delaware in April 2000 and is a
leading independent provider of comprehensive energy efficiency and
renewable energy solutions for facilities throughout North America.
Ameresco's solutions include upgrades to a facility's energy
infrastructure, and the development, construction, and operation of
renewable energy plants. With corporate headquarters located in
Framingham, MA, Ameresco has 55 offices in 29 states and four Canadian
provinces. For more information, visit www.ameresco.com.
About the CCBJ Business Achievement Awards
In October-December 2010, Climate Change Business Journal solicited
nominations for the CCBJ Business Achievement Awards. Nominations were
accepted in 200-word essays in either specific or unspecified
categories. Final awards were determined by a committee of CCBJ staff
and CCBJ editorial advisory board members. (Disclaimer: company audits
were not conducted to verify information or claims submitted with
Climate Change Business Journal® (CCBJ) is a business research
publication launched in 2007 which provides high-value, strategic
business intelligence on the Climate
Founded in 1988, Environmental Business International Inc. (EBI, San
Diego, Calif.) is a research, publishing and consulting company that
specializes in defining emerging markets and generating strategic market
intelligence for companies, investors and policymakers. EBI publishes
Climate Change Business Journal®, which covers nine segments of the
Climate Change Industry, and Environmental Business Journal®, the
leading provider of strategic information for the environmental
industry. EBI also performs contract research for the government and
private sector and founded the Environmental Industry Summit, an annual
three-day event for executives in the environmental industry.
CarolAnn Hibbard, 508-661-2264