Pennsylvania Department of Community & Economic Development, Philadelphia Energy Authority and Ameresco Celebrate Stories of Community Energy and Innovation

Ameresco is hosting a networking event in celebration of our new Philadelphia office, and continuing commitment to evolving microgrid business initiatives

FRAMINGHAM, MA and Philadelphia, PA – November 8, 2018 – Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, is hosting an industry workshop and networking event today at the Philadelphia Navy Yard to celebrate the spirit of innovation and collaboration in energy and microgrid solutions.

Several projects and initiatives occurring in Pennsylvania, the City of Philadelphia, and at The Navy Yard will be showcased. The workshop series features a broad spectrum of initiatives to include an introduction by the Department of Community & Economic Development (DCED) and Team PA Energy Horizons, discussion concerning the Philadelphia Navy Yard microgrid, Solarize Philly, and the recently announced $1.25 million grant awarded by DOE for solar installation workforce development, and DCED’s POWER-funded Coal Plant Repurposing Playbook program.

Speakers will include Will Agate, who recently joined Ameresco and will lead in applying and integrating microgrid services into Ameresco’s broader energy solutions offerings. “In deciding how to announce the opening of our Philadelphia office, we wanted to demonstrate the collaborative approach that Ameresco believes is critical for sound microgrid development, and to share the good news that Pennsylvania, Philadelphia and the Philadelphia Navy yard are all active national players in the new world of distributive energy.” Will Agate LEED AP, Vice President Microgrid Services of Ameresco.

Separately, Ameresco and its client, the Philadelphia Authority for Industrial Development (PAID) also announced Ameresco’s completion and commissioning of the fourth 2 MW module to the existing natural gas generation plant now totaling 8MW, which serves as the largest on-site generator for The Navy Yard, and the primary generating asset on the internationally acclaimed microgrid system.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability 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, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.

The announcement of a customer’s entry into a project contract is not necessarily indicative of the timing or amount of revenue from such contract, of the company’s overall revenue for any particular period or of trends in the company’s overall total construction backlog. This project was reported in our contracted backlog as of September 30, 2018.

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