In this Research Note, we examine Ameresco’s energy services business based on their 2025 results 2nd March 2026, presentation and 10K Report, highlighting their business segments, 2025 financial highlights, recurring revenue and EBITDA mix. This article updates our previous coverage of Ameresco in March 2025. Ameresco Profile Founded in 2000, Ameresco, Inc. is a leading US energy solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Their comprehensive portfolio includes energy efficiency, infrastructure upgrades, asset sustainability, and renewable energy solutions delivered to Federal, state, and local governments, utilities, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in the United States, Canada and Europe. Projects: Smart Energy Solutions Projects are primarily energy efficiency projects, which entail the design, engineering, and installation of an ever-increasing array of […]