Ameresco Quantum Partners with Washington K-12 School Districts to Obtain Grants for Energy Saving Improvements

  Ameresco Quantum Partners with Washington K-12 School Districts to Obtain
  Grants for Energy Saving Improvements

 Washington State’s Office of the Superintendent of Public Instruction awards
                   grants to 17 Ameresco Quantum customers.

Business Wire

FRAMINGHAM, Mass. & RENTON, Wash. -- April 23, 2012

Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy
company throughout North America, today announced its business unit Ameresco
Quantum, Inc. has partnered with 17 of its Washington State K-12 school
customers to help them obtain energy and operational savings grants from
Washington State’s Office of the Superintendent of Public Instruction (OSPI).
On April 2, 2012, OSPI announced 43 grants totaling $20.9 million.

Ameresco Quantum’s K-12 customers that are recipients include: Centralia
School District, College Place School District, East Valley School District
(Yakima), Elma School District, Griffin School District, Kelso School
District, La Center School District, Lake Quinault School District, Liberty
School District, Mercer Island School District, Napavine School District,
Okanogan School District, Oroville School District, Shelton School District,
South Whidbey School District, Wahkiakum School District and Woodland School
District.

Since 2009, OSPI and the Washington Department of Commerce have distributed
$137 million in energy and operational savings grants for K-12 schools and
higher education. The state funding supports energy and operational efficiency
projects that create jobs and reduce costs. To date, over 50 percent of the
grants have been awarded to Ameresco Quantum customers.

“This latest round of state energy grants will make a significant difference
in our customers’ schools,” said Mike O’Connor, Vice President, Northwest
Region for Ameresco Quantum. “These grants enable school districts to
implement much needed infrastructure improvements that would otherwise be out
of reach in the current school funding environment. The projects are
completely paid for with the grant, utility incentives, and guaranteed energy
savings, and they will make a real difference in the lives of the students and
staff.”

“Using their extensive experience working with schools, Ameresco Quantum was a
tremendous asset to the South Whidbey School District; identifying
infrastructure improvements that reduce energy consumption and offer
guaranteed savings; assisting with the OSPI grant application process; and
soon implementing the conservation measures,” said Josephine (Jo) Moccia,
Superintendent. “Our students, teachers and the community at large are the
ultimate beneficiaries of this project. With the grants and guaranteed
savings, we can upgrade our learning environment while reducing energy and
operational costs.”

The grant-funded projects replace or retrofit lighting, HVAC equipment, energy
management systems, boilers, and other equipment, improving the earning
environment in over 4 million square feet of school facilities. As one of the
largest providers of energy services in Washington State, Ameresco Quantum has
implemented energy savings performance contracts at 59 school districts. Many
of these projects have been implemented in multiple phases, with equipment
installed at night, during holidays or over the summer to minimize impacts
during the school year.

On April 9, 2012 the Washington State legislature passed a new capital budget
that includes $78 million for energy and operational efficiency grants in K-12
schools, higher education and local government.

About Ameresco, Inc.

Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider
of comprehensive services, energy efficiency, infrastructure upgrades, and
renewable energy solutions for facilities throughout North America.Ameresco’s
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 provides local
expertise through its 62 offices in 34 states and five Canadian
provinces.Ameresco has more than 900 employees. For more information, visit
www.ameresco.com.

Contact:

Ameresco, Inc.
CarolAnn Hibbard, 508-661-2264
news@ameresco.com