Ameresco, Inc. (NYSE: AMRC) announced today that it has secured a $197 million Energy Savings Performance Contract (ESPC) with the U.S. Naval Research Laboratory (NRL). The contract will be executed through the U.S. Army Engineering Support Center (USACE) in Huntsville under the ESPC III Multiple Award Task Order Contract (MATOC). The agreement covers the design, engineering, procurement, construction, and operation of energy‑efficiency upgrades at NRL facilities.
The ESPC will deliver measurable energy savings and cost reductions for NRL, while Ameresco will receive a performance‑based payment structure tied to the achieved savings. The project is expected to span multiple years, providing a recurring revenue stream and reinforcing Ameresco’s position in federal energy‑efficiency markets. By adding this contract to its backlog, Ameresco strengthens its financial outlook and demonstrates continued success in securing large, high‑profile federal projects.
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