StockNews.AI
AMRC
StockNews.AI
27 days

Ameresco Announces Completion of Comprehensive Upgrades at Southeast New Mexico College to Modernize Campus Infrastructure and Boost Energy Resilience

1. Ameresco completed a utility savings project with SENMC, enhancing cash flow. 2. The project includes a 20-year O&M contract, increasing contract reliability.

2m saved
Insight
Article

FAQ

Why Bullish?

This contract signifies long-term revenue, similar to past utility projects boosting share prices for Ameresco.

How important is it?

The contract enhances cash flow and stability expectations for Ameresco, appealing to investors.

Why Long Term?

The 20-year O&M contract fosters sustained revenue growth, positively impacting AMRC's future earnings.

Related Companies

N/A
FRAMINGHAM, Mass. and CARLSBAD, N.M.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the completion of its guaranteed utility savings project with Southeast New Mexico College (SENMC). Following an investment grade energy audit of SENMC's facilities, SENMC entered a 20-year O&M contract with Ameresco to address needed upgrades and provide long-term cash flow, and reliability be.

Related News