Ameresco completed a $7.8 million energy‑efficiency upgrade for Tacoma Public Schools, with substantial completion on December 31, 2025, announced on April 6, 2026.
The upgrade replaced aging HVAC systems, installed LED lighting, and added advanced building controls, all under Ameresco’s performance‑based contracting model that lets schools finance the work without upfront capital.
The project was delivered using a Progressive Design‑Build approach, which allowed the district and Ameresco to collaborate on scope and cost while meeting historic preservation requirements for the McKinley Swing School and engaging local contractors, including a 30% participation of small and minority‑owned businesses.
For Ameresco, the win adds a $7.8 million contract to its growing U.S. public‑sector portfolio and demonstrates the company’s ability to secure large, long‑term infrastructure projects that generate recurring revenue and support its margin‑expansion strategy.
The upgrade is expected to reduce operating costs for the district by improving energy efficiency, with projected utility savings that will lower future bills and enhance the learning environment for students and staff.
The announcement underscores Ameresco’s continued focus on expanding its footprint in the public‑sector market, aligning with its broader growth objectives and reinforcing its position as a leading provider of energy‑efficiency solutions.
Greg Stidham, project manager at Tacoma Public Schools, said, "By replacing the aged boiler system with a modern HVAC system, we're creating a more comfortable and reliable learning environment so students and staff can focus on what matters most." Lou Maltezos, co‑president of Ameresco, added, "The Progressive Design‑Build model allowed the company to work collaboratively with the school district to manage costs and deliver infrastructure suited for the historic facility."
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