Ameresco's Biofuels Spin-off: A Strategic Leap

Amerescos 2026 kickoff: 14% revenue growth, $291M projects, $2.8B backlog, and a $400M biofuels JV with HASI. Mike Backus leads Neogenix Fuels, Nicole Bulgarino & Lou Maltezos co-preside. Analysts praise the move, forecasting 20x multiples. Federal work surges, energy costs drive efficiency projects. Despite weather-related loss, adjusted EBITDA hits $40.5M. Guidance holds steady, with biofuels profits sharing. Ameresco aims for 100-120MW service, Q2 EBITDA of $58-62M. Plans include biogas acceleration, M&A, and data center power deals. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/79512e526685c4de

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