Ameresco (AMRC) investor relations material

Company overview and market position

• Leading provider of energy infrastructure solutions with a focus on cost savings, resiliency, and decarbonization.

• Delivered over $16 billion in energy solutions since inception, with 1,500+ employees across North America and Europe.

• Recognized for market leadership, including top rankings from Frost & Sullivan and inclusion in the FORTUNE 2025 Change the World List.

• Committed to reducing customer carbon footprints by 500 million metric tons by 2050.

• Maintains a diversified customer base across federal, public, utility, education, healthcare, and commercial sectors.

Business model and financial highlights

• Earnings are growing faster than revenue, with a substantial portion from recurring business lines.

• FY2025 adjusted EBITDA reached $237M, with 64% from recurring lines of business.

• FY2026 revenue guidance projects $1.93B–$2.2B, with adjusted EBITDA guidance of $270M–$295M.

• Maintains a $5B project backlog and $1.5B O&M backlog, supporting multi-year revenue visibility.

• Energy asset portfolio includes 838 MWe operating and 570 MWe in development, diversified across solar, battery, and biogas.

Market opportunities and growth drivers

• Addressable market in North America and Europe expected to reach $297B by 2030, growing at a 4.2% CAGR.

• Largest growth areas include battery energy storage systems (BESS), smart streetlighting, building envelope, and HVAC.

• European market shows strong BESS growth to complement existing solar installations.

• Strategic focus on energy infrastructure, resiliency, and complex solutions such as biogas, BESS, and microgrids.