On June 2, 2025, Ameresco, Inc. announced the successful sale of approximately $71 million in Investment Tax Credits (ITCs) generated from three of its landfill-gas-to-renewable natural gas (RNG) projects. These projects, developed, constructed, financed, and operated by Ameresco, were placed in service in 2024.
This transaction marks Ameresco’s third ITC sale to a corporate buyer and its first sale of RNG tax credits under the transferability rules. This demonstrates the company’s ability to capitalize on clean energy incentives and project financing through multiple means.
Mike Bakas, President of Renewable Fuels at Ameresco, stated that this milestone reflects the growing value and market confidence in renewable natural gas as a critical component of the clean energy transition. STX Group served as the exclusive facilitator for Ameresco in this transaction.
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