On January 8, 2025, Ameresco, Inc. announced the successful year-end divestiture of its Applied Energy Group (AEG) business to ICF, a global consulting and technology services provider. AEG specialized in energy technology and advisory services with over 100 utility management and demand-side energy experts.
This divestiture underscores Ameresco's commitment to its primary business areas and its strategy to pursue new growth opportunities within its target markets. By streamlining operations, Ameresco aims to be better positioned for innovation and expansion.
Ameresco's President and CEO, George Sakellaris, stated that this move allows the company to remain focused on its core businesses and exciting growth opportunities. The company remains dedicated to energy efficiency, cost savings, resiliency, and decarbonization.
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