Market Overview

Ameresco and U.S. Drug Enforcement Administration Commemorate Completion of New 2.5 Megawatt Solar System


The renewable energy project is the first for the DEA and provides
electricity to the El Paso Intelligence Center

Ameresco, Inc. (NYSE:AMRC), a leading energy
and energy
company, today announced the completion of a 2.5
megawatt solar energy system for the U.S. Drug Enforcement
Administration (DEA) at the El Paso Intelligence Center located on Fort
Bliss in El Paso, Texas. Ameresco and DEA officials celebrated the new
groundmount solar facility at a ceremonial "flip the switch" event this

This press release features multimedia. View the full release here:

Solar Energy System in El Paso, Texas (Photo: Business Wire)

Solar Energy System in El Paso, Texas (Photo: Business Wire)

"Ameresco applauds the leadership and vision of the DEA and the El Paso
Intelligence Center as we celebrate the operation of this new solar
system," said Nicole A. Bulgarino, Executive Vice President and General
Manager, Federal Solutions, Ameresco. "We are proud to be a partner to
the DEA on the agency's first renewable energy system."

The 2.5 megawatt solar system is comprised of two ground-mount solar PV
arrays on the site of the El Paso Intelligence Center. More than 7,340
solar panels were installed during 9,000 hours of project construction.

The solar facility will reduce electricity costs, provide long-term
electric pricing stability, and will reduce carbon emissions of more
than 3,400 metric tons annually. Ameresco will own and operate the solar
system for a period of 20 years providing electricity to the DEA.

The DEA contracted with Ameresco in September 2017 under an Energy
Savings Performance Contract (ESPC) through the U.S. Department of
Energy's ESPC ENABLE program. The contract with Ameresco was uniquely
structured to capture the financial benefits of the solar investment tax
credit through an energy sales agreement within the traditional ESPC.

Overall, the ESPC is expected to achieve more than $9.2 million in
energy cost savings. As part of the energy project, Ameresco also
converted more than 1,400 interior and exterior lighting fixtures to
high-efficiency LEDs. The longer life LEDs will reduce maintenance and
replacement costs while providing high-quality illumination and
individual office dimming control.

The solar system is the DEA's first renewable energy system and first
ESPC that will advance agency expertise in renewable energy system
installation and integration that can be used by other government
facilities. The U.S. Department of Energy's Federal Energy Management
Program (FEMP) provided technical support for project development,
including grant funding through the Assisting Federal Facilities with
Energy Conservation Technologies (AFFECT) program.

About Ameresco

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent
provider of comprehensive services, energy efficiency, infrastructure
upgrades, asset sustainability and renewable energy solutions for
businesses and organizations throughout North America and Europe.
Ameresco's sustainability services include upgrades to a facility's
energy infrastructure and the development, construction and operation of
renewable energy plants. Ameresco has successfully completed energy
saving, environmentally responsible projects with Federal, state and
local governments, healthcare and educational institutions, housing
authorities, and commercial and industrial customers. With its corporate
headquarters in Framingham, MA, Ameresco has more than 1,000 employees
providing local expertise in the United States, Canada, and the United
Kingdom. For more information, visit

The announcement of a customer's entry into an Energy Savings
Performance Contract is not necessarily indicative of the timing or
amount of revenue from such contract, of the company's overall revenue
for any particular period or of trends in the company's overall assets
in development or operation. This project was reported in our assets in
development as of June 30, 2018.

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