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CRC Innovations and Ameresco Announce Over $200 Million Contract to Promote Energy Savings and Capital Improvements at Three Army Locations

1. Ameresco, Inc. secures a >$200M ESPC project with CRC Innovations. 2. Project targets energy efficiency improvements in Army housing at multiple sites.

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FAQ

Why Bullish?

This large contract enhances revenue potential and reaffirms AMRC's leadership in the energy transition, similar to previous positive energy infrastructure deals that boosted market confidence.

How important is it?

The contract's magnitude and strategic focus in a government sector provide strong confidence in AMRC's recurring revenue capability, significantly impacting its long-term outlook.

Why Long Term?

Capital improvement projects typically generate multi-year revenue and operational benefits, indicating a sustained impact on future margins.

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WARWICK, R.I. & FRAMINGHAM, Mass.--(BUSINESS WIRE)--CRC Innovations, an integrated energy and infrastructure solutions pioneer, and Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced an over $200 million Energy Saving Performance Contract (ESPC) to provide capital improvements at U.S. Army military housing at Fort Bragg, N.C.; Fort Meade, Md.; and Fort Sill, Okla. This multi-site project is expected to.

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