Ameresco (AMRC) Investor presentation summary

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 awards from Frost & Sullivan and a strong presence in federal and public sector markets.

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

• Emphasizes innovation, independence, and technical expertise to tailor solutions for diverse customer needs.

Financial performance and business model

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

• 80% of adjusted EBITDA in Q1 2026 came from recurring lines of business, including O&M and energy assets.

• Operating energy assets total 839 MWe, with a diversified portfolio in solar, battery, and biogas.

• Total debt stands at $1.99B, with $1.58B associated with energy assets and a 3.2x leverage ratio.

• Non-GAAP financial measures are used to provide a clearer view of operational performance.

Market opportunities and growth outlook

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

• Largest growth expected in battery energy storage systems (BESS), streetlighting, building envelope, and HVAC.

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

• Project backlog is $5.3B, diversified across solutions and customer segments, providing multi-year revenue visibility.

• Recurring revenue streams include long-term O&M contracts and energy asset PPAs with weighted averages of 14.8 and 16.8 years, respectively.