Ameresco Quantum Expands Partnership with Battle Ground School District to Reduce Energy Costs and Support Efficiency Goals

  Ameresco Quantum Expands Partnership with Battle Ground School District to
  Reduce Energy Costs and Support Efficiency Goals

   District receives state energy efficiency grant for project developed by
                               Ameresco Quantum

Business Wire

FRAMINGHAM, Mass. & BRUSH PRAIRIE, Wash. -- January 18, 2013

Ameresco, Inc., (NYSE:AMRC), a leading energy efficiency and renewable energy
company, announced today that Ameresco Quantum, Inc. has begun work on a $3.9
million Energy Savings Performance Contract (ESPC) for the Battle Ground
School District in Clark County, Washington. The cost to the District of the
project will be reduced by a $1 million Energy Savings Grant from the Office
of the Superintendent of Public Instruction and an estimated $322,000 in
rebates from the Clark County Public Utility District. This group of energy
efficiency infrastructure upgrades follows two energy conservation projects
completed by Ameresco Quantum for the District in 2010 and 2011 that focused
on major plumbing and lighting upgrades.

Battle Ground schools that will receive upgrades through the new project
include Battle Ground High School, Prairie High School, Amboy Middle School,
Maple Grove Primary and Middle School, Captain Strong Elementary School,
Yacolt Primary School, and the Center for Agriculture, Science, and
Environmental Education Building Complex.

“This grant will result in dramatic savings in our utility bills, guard
against system failures and enable us to address long-standing issues of
failed and aging equipment,” said Mary Beth Lynn, Assistant Superintendent for
Finance and School Operations of Battle Ground School District.

“The state energy efficiency grants and the guaranteed savings provided by our
energy performance contracting model has allowed many school districts, as
well as municipalities and colleges across the state, to dramatically reduce
operational costs and achieve long desired energy efficiency goals,” said Mike
O’Connor, Vice President, Northwest Region for Ameresco. “This project at the
Battle Ground School District is a perfect example of how energy
infrastructure improvements can yield positive financial impacts even in the
current fiscal environment, while at the same time contributing to more
sustainable communities.”

Over the course of the contract, Ameresco Quantum will manage the design and
installation of new mechanical systems, as well as upgrades and replacements
to the District’s energy management systems and other equipment. In addition
to reducing utility costs, these improvements will reduce greenhouse gas
emissions by decreasing carbon emissions by nearly 2 million pounds per year.

The $1 million state energy efficiency grant that Ameresco Quantum helped
secure for this project is one of more than 78 such grants valued at nearly
$35 million that the State has awarded to projects developed by Ameresco
Quantum since 2009.

As one of the largest providers of energy services in the Pacific Northwest,
Ameresco Quantum has implemented energy savings performance contracts for
colleges, school districts, municipalities and state agencies. Ameresco
pioneered the ESPC financing model, making the budget-neutral solution an
increasingly popular option when modernizing a single facility or providing a
comprehensive campus-wide energy management system.

About the Battle Ground School District

The Battle Ground School District in northeast Clark County, Washington, has
19 schools spread over 273 square miles. It stretches from the lowlands of
suburban Vancouver on the west, near the confluence of Interstate 5 and
Interstate 205, to the Cascade Mountains at the Clark-Skamania county line on
the east. Volcanic Mount St. Helens, which erupted with a vengeance in 1980
and looms above the Southwest Washington landscape, is just 10 miles outside
of the district’s northeast boundary.

The district celebrated its Centennial in 2009-2010. A hundred years earlier,
during the presidency of William Howard Taft, two one-school districts – Maple
Grove and Dublin – merged and consolidated into what is today the Battle
Ground district. During the first six and a half decades, 54 small, rural
districts were folded into it, the last one – Yacolt – in 1975. Today, Battle
Ground Public Schools serve approximately 13,000 students.

About Ameresco, Inc.

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 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 63 offices in 34
states and five Canadian provinces. Ameresco has more than 900 employees. For
more information, visit www.ameresco.com.

The announcement of a customer’s entry into a project 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 total construction backlog.

Contact:

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