Ameresco announces partnership with Wakefield Municipal Gas & Light to install energy-efficient solar arrays



Install (470) 490W photovoltaic modules, the total output power of the array is 230 KW

FRAMINGHAM, Mass.–(BUSINESS WIRE)–Ameresco, Inc. (NYSE: AMRC), a leading clean technology integrator focused on energy efficiency and renewable energy, today announced the installation of energy-efficient solar arrays designed to Power Generation 230 has partnered with Wakefield Municipal Gas and Light Department (WMGLD) to supply a total of (470) 490W PV modules.

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Ameresco (NYSE: ) announces partnership with Wakefield Municipal Gas & Light Company to install energy-efficient solar arrays (Photo: Business Wire)

The project is divided into two separate systems, the first system (Equipment Garage, Community Solar, Array A) has 124.5 kWp capacity installed in front of the meter to allow efficient use of off-site energy by the local community. The second system (office, net metering, array B) has 106 kWp of solar generation capacity and is located behind the meter to increase utilization, reliability and flexibility of the on-site energy system.

Pete Christakis, Ameresco executive vice president and general manager of the Eastern Region, said, “We are very pleased that the construction of this important project has been officially completed and are honored to be a partner of WMGLD in its sustainable development journey.” The clean energy transition would not be possible without the help of organizations committed to implementing sustainable infrastructure upgrades, such as solar solutions, that can make a real impact in the short and long term.

Annual production from the first and second arrays is expected to be 143,400 kWh and 118,731 kW respectively, funded through the Community Solar Offtake Program and net metering tariffs.

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Vinnie McMahon, Advanced Systems, said: “Overall, we are always looking for opportunities to maximize our environmental impact based on our power supply decisions, and this partnership with Ameresco provides us with an excellent opportunity to do so. to continue to look for ways to support clean power efficiency. This partnership is fully consistent with our commitment to be a responsible environmental leader and steward.

Construction on the project began on Friday, November 3, with both systems expected to be completed on March 1, 2024.

To learn more about the energy efficiency solutions offered by Ameresco, visit www.ameresco.com/energy-efficiency/.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE: AMRC) is a leading clean technology integrator and developer, owner and operator of renewable energy assets. Our comprehensive portfolio includes solutions that help customers reduce costs, decarbonize to net zero and build energy resilience, while leveraging smart connected technologies. From implementing energy efficiency and infrastructure upgrades to developing, building and operating decentralized energy – we are your trusted sustainability partner. Ameresco has completed successful energy-efficient, environmentally friendly projects with federal, state and local governments, utilities, healthcare and educational institutions, housing authorities, and commercial and industrial clients. With corporate headquarters in Framingham, Massachusetts, Ameresco has more than 1,500 employees providing local expertise to North America and Europe. For more information, please visit www.ameresco.com.

About Wakefield Municipal Gas and Lighting Department

Wakefield Municipal Gas and Light Division (WMGLD) and its employees provide our customers with safe, reliable, competitively priced and environmentally responsible energy resources and services that enhance quality of life while adapting to the changing energy market. In addition to our mission, WMGLD is committed to being a trusted partner to customers and the greater community, advancing the use of electricity and other energy sources to achieve an affordable, cleaner and more sustainable energy future.

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Announcements that Ameresco will develop renewable energy assets are not necessarily indicative of the timing or amount of revenue from that asset, the Company's overall revenues for any particular period, or trends in the Company's total assets under development or operation. As of December 31, 2023, this project was included in our previously reported assets under development.

Media contact information:
Ameresco: Leila Dillon, 508-661-2264, news@ameresco.com

Source: Ameresco, Inc.





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