Ameresco Expands Market Share in Alaska with Comprehensive Energy Audits of Universities in Anchorage and Juneau

FRAMINGHAM, MA, ANCHORAGE, AK and JUNEAU, AK – June 12, 2012 – Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy company, announced today that it has partnered with the University of Alaska Anchorage (UAA) and the University of Alaska Southeast (UAS) to conduct campus-wide energy audits.  The audits will help both institutions identify opportunities for energy efficiency upgrades to decrease energy consumption that will deliver significant cost savings.

“The University of Alaska Anchorage chose Ameresco to assist us in our goal of becoming more energy efficient based on their proven track record in Alaska and their long history of successfully working with higher education institutions,” said John R. Faunce, PE, Director, University of Alaska Anchorage Facilities Planning & Construction.  “We look forward to learning more about opportunities to reduce energy consumption and working to implement these measures that will help us become more efficient, benefiting both our environment and our bottom line in the process.”

The University of Alaska Anchorage is the state’s largest post-secondary institution and home to more than 18,000 students in Alaska’s largest city.  As part of the project, Ameresco will conduct a UAA campus-wide audit, which includes the extended campuses at Kodiak College, Kachemak Bay Campus, Kenai Peninsula College, Matanuska-Susitna College, and Prince William Sound College, all located throughout southern Alaska.

Located in the state capitol of Juneau, University of Alaska Southeast (UAS) contracted Ameresco to audit five campus buildings.  As part of its work with UAS, Ameresco will conduct a thorough energy performance audit for energy consumption to better understand the facilities’ baseline energy and other utility consumption.  Along with auditing several campus housing lodges, Ameresco will assess energy usage at the Marine Core Building, the Marine Technical Education Center, and the Bill Ray Center in downtown Juneau.

“In a time when public universities must make even more difficult choices with their budgets than ever before, Ameresco is pleased to partner with these two institutions to help uncover potential opportunities to reduce their collective energy usage,” said Keith Derrington, Executive Vice President at Ameresco. “The right infrastructure upgrades can save a significant amount on operational costs—funds can then be put back towards educational costs—and these audits will help to identify the changes that will make the greatest impact.”

Ameresco has worked with higher education institutions across North America to implement energy infrastructure upgrades designed to stabilize and reduce ongoing utility costs.  Their pioneering of the ESPC financing model has made the budget-neutral solution an increasingly popular option when modernizing a single facility or providing a comprehensive campus-wide energy management system.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, and renewable energy solutions for facilities throughout North America. Ameresco’s services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants.  Ameresco has successfully completed energy saving, environmentally responsible projects with federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers.  With its corporate headquarters in Framingham, Massachusetts, Ameresco provides local expertise through its 62 offices in 34 states and 5 Canadian provinces. Ameresco has more than 900 employees. For more information, visit www.ameresco.com.