Ameresco, Inc. completed a district‑wide Energy Performance Contract for the Charlo School District in Charlo, Montana, on March 16 2026. The project modernizes aging school infrastructure, improves indoor comfort, and is designed to reduce long‑term energy and maintenance costs for the district.
The contract was executed in two phases and includes upgrades to mechanical systems, lighting, building envelopes, heat pumps, LED lighting, insulation, programmable thermostats, and demand‑controlled ventilation. The project is projected to generate annual energy savings of more than $93,000 for the district, a figure that reflects the scale of the mechanical and envelope improvements made across the schools.
This win expands Ameresco’s presence in the public‑sector market and adds a recurring revenue stream tied to the district’s operational savings and maintenance agreements. It aligns with Ameresco’s broader strategy to secure long‑term, asset‑based contracts that support its transition toward infrastructure ownership and recurring revenue generation, a focus highlighted in the company’s Q4 2025 earnings report.
Lou Maltezos, President of Ameresco’s Central & Western USA and Canada Regions, said, “We are proud to partner with Charlo School District to modernize energy infrastructure and deliver measurable cost‑savings,” and added, “Through this collaboration, the district is improving energy efficiency, strengthening facility performance in ways that will benefit students and staff for years to come.” Jim Baldwin, Superintendent of the Charlo School District, noted, “This project reflects Charlo School District's commitment to providing safe, comfortable, and efficient learning environments for our students and staff,” and continued, “By modernizing critical energy infrastructure across our schools and eliminating fossil fuel burning equipment, we're advancing our sustainability goals, improving day‑to‑day comfort, and enabling resources to be directed where they matter most: in the classroom.”
The project was partially supported by a Renew America’s Schools grant and provided hands‑on learning opportunities for SkillsUSA students involved in installation, monitoring, and analysis of the new systems. By adding this contract to its portfolio, Ameresco strengthens its recurring revenue base and reinforces its focus on public‑sector energy‑efficiency projects, positioning the company for continued growth in a market that values long‑term cost savings and sustainability.
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