Ameresco, Inc. completed a municipal energy‑efficiency retrofit in Pittsylvania County, Virginia, on March 23 2026. The project modernized the county’s historic Moses Building and other public facilities, installing new HVAC systems, LED lighting, and improved building envelopes to reduce energy consumption and operating costs.
The retrofit was executed under Ameresco’s Energy Savings Performance Contract (ESPC) model, allowing the county to finance the upgrades with no upfront cost and pay for the resulting savings over time. While the company did not disclose specific savings figures, the project’s scope and on‑time delivery demonstrate Ameresco’s ability to manage complex upgrades in a historic setting.
The completion adds a new asset to Ameresco’s growing portfolio of municipal projects and supports the company’s strategic shift toward recurring‑revenue, infrastructure‑ownership models. The project’s on‑time delivery reinforces Ameresco’s reputation for execution excellence in the southeastern United States.
In Q4 2025 Ameresco reported revenue of $581.03 million, up 9.1% year‑over‑year, and earnings per share of $0.39, beating analyst expectations by $0.07. Full‑year 2025 revenue reached $1.932 billion, and the company guided 2026 revenue of $2.0‑$2.2 billion with adjusted EBITDA of $270‑$295 million. The Pittsylvania County retrofit is part of the nearly $10 billion backlog that underpins these growth projections.
By adding another municipal retrofit, Ameresco expands its presence in the Southeast and reinforces its strategy of moving from one‑off retrofit work to larger, recurring‑revenue projects. The company’s focus on energy‑efficiency contracts positions it to capture growing demand for low‑carbon public‑sector infrastructure.
The project’s completion underscores Ameresco’s ability to deliver complex upgrades on schedule and supports its broader growth strategy, providing a tangible example of the company’s execution strength and its expanding footprint in the municipal energy‑efficiency market.
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