Any statements in this presentation about future expectations, plans and prospects for Ameresco, Inc., including statements about market conditions, pipeline and backlog, as well as estimated future revenues, net income, adjusted EBITDA, Non-GAAP EPS, gross margin, capital investments, other financial guidance, statements about our agreement with SCE including the impact of any delays, and other statements containing the words "projects," "believes," "anticipates," "plans," "expects," "will" and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward looking statements as a result of various important factors, including the timing of, and ability to, enter into contracts for awarded projects on the terms proposed or at all; the timing of work we do on projects where we recognize revenue on a percentage of completion basis, including the ability to perform under recently signed contracts without delay; demand for our energy efficiency and renewable energy solutions; our ability to complete and operate our projects on a profitable basis and as committed to our customers; our ability to arrange financing to fund our operations and projects and to comply with covenants in our existing debt agreements; changes in federal, state and local government policies and programs related to energy efficiency and renewable energy and the fiscal health of the government; the ability of customers to cancel or defer contracts included in our backlog; the effects of our acquisitions and joint ventures; seasonality in construction and in demand for our products and services; a customer's decision to delay our work on, or other risks involved with, a particular project; availability and cost of labor and equipment particularly given global supply chain challenges; our reliance on third parties for our construction and installation work; the addition of new customers or the loss of existing customers including our reliance on the agreement with SCE for a significant portion of our revenues in 2022; the impact from Covid-19 on our business; global supply chain challenges, component shortages and inflationary pressures; market price of the Company's stock prevailing from time to time; the nature of other investment opportunities presented to the Company from time to time; the Company's cash flows from operations; cybersecurity incidents and breaches; and other factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2021, filed with the U.S. Securities and Exchange Commission (SEC) on March 1, 2022, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, filed with the SEC on May 3, 2022, and other SEC Filings. The forward-looking statements included in this presentation represent our views as of the date of this presentation. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this presentation.
Use of Non-GAAP Financial Measures
This presentation and the accompanying tables include references to adjusted EBITDA, Non-GAAP EPS, Non-GAAP net income and adjusted cash from operations, which are Non-GAAP financial measures. For a description of these Non-GAAP financial measures, including the reasons management uses these measures, please see the section in the back of this presentation titled "Non-GAAP Financial Measures". For a reconciliation of these Non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with GAAP, please see the table at the end of this presentation titled "GAAP to Non-GAAP Reconciliation."
Ameresco (NYSE:AMRC) is a leading comprehensive cleantech integrator and renewable energy asset developer, owner and operator.
Founded in 2000 | Public in 2010
Objective approach and in-house technical expertise delivers the most advanced technologies to meet the unique needs of each customer. Majority of projects are budget- neutral, funded by energy cost savings.
Federal & Municipal Governments, Commercial & Industrial, Higher Ed, K12, Public Housing, Healthcare, Airports. Market reputation across North America & Europe for excellence in customer satisfaction.
$11+ Billion in energy solution projects,
350+ MWe of Owned Assets in Operation
1,000+ Employees throughout North America and the United Kingdom
60+ Offices providing local expertise in markets served
8,000+ Customers benefitting from energy efficiency measures and renewable energy generation
Energy cost savings with comprehensive, audit- based improvements
In 2021, our renewable energy assets and customer projects delivered a carbon offset equivalent to ~13.6M metric tons of CO2
Growing earnings faster than revenue
$2.8B Project Backlog
$1.2B O&M Backlog
$1.0B Revenue from Energy Assets
A substantial and growing portion of our earnings comes from recurring lines of business
Environmental, Social & Governance is core to our business model and corporate culture
Ameresco's Diversified Approach
State & Municipal
Reducing Demand with Efficiency Measures
Central Plant Upgrades
Chiller Efficiency Improvements
Deep Energy Retrofits
Cooling Systems Efficiencies
› Water Heating Systems Efficiencies
› Interior Lighting & Controls
› Reduce Peak Power Demand
› LED Street & Area Lighting
Energy Management Systems
› Water Management and Efficiency
Advanced Metering Infrastructure
Energy Supply with Distributed Energy Resources
Design, Build, Own,
Cogeneration / CHP
Solar Power (On- /Off-Grid)
Batteries Energy Storage
Waste-to-EnergyPlants: Biomass, Biogas, Landfill Gas to Energy, Renewable Natural Gas (RNG)
Peaking Power Plant
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