{"id":799067,"date":"2025-01-08T16:11:52","date_gmt":"2025-01-08T21:11:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ameresco-announces-successful-divestiture-of-applied-energy-group-aeg-business-reinforcing-focus-and-reinvesting-in-core-businesses\/"},"modified":"2025-01-08T16:11:52","modified_gmt":"2025-01-08T21:11:52","slug":"ameresco-announces-successful-divestiture-of-applied-energy-group-aeg-business-reinforcing-focus-and-reinvesting-in-core-businesses","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ameresco-announces-successful-divestiture-of-applied-energy-group-aeg-business-reinforcing-focus-and-reinvesting-in-core-businesses\/","title":{"rendered":"Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><i>Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses<\/i><\/b><\/p>\n<p class=\"bwalignc\"><i>Ameresco\u2019s commitment to energy efficiency, cost savings, resiliency, and decarbonization continues to guide its strategic initiatives<\/i><\/p>\n<p>FRAMINGHAM, Mass.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fameresco.com%2F&amp;esheet=54175625&amp;newsitemid=20250108642423&amp;lan=en-US&amp;anchor=Ameresco%2C+Inc.&amp;index=1&amp;md5=45e5e06848b892f14bac6dc0539726f6\">Ameresco, Inc.<\/a>, (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the successful year end divestiture of the Applied Energy Group (AEG), a leading energy technology and advisory services company with over 100 utility management and demand-side energy experts to ICF, a global consulting and technology services provider.<\/p>\n<p>\nThe divestiture underscores Ameresco&#8217;s commitment to its primary business areas while actively pursuing new growth opportunities within its target markets. By streamlining operations, Ameresco is also better positioned to innovate and expand, ensuring sustained success and value for all stakeholders. This transition marks a significant milestone for Ameresco to drive forward its strategic goals forward.<\/p>\n<p>\n&#8220;We are excited to see the AEG team transition over to ICF where they can continue to grow and complement the ICF portfolio of services,&#8221; said George Sakellaris, President and CEO of Ameresco. &#8220;This successful divestiture will allow us to remain focused on our core businesses and the exciting growth opportunities within our target markets.&#8221;<\/p>\n<p>\nAmeresco remains steadfast in its dedication to prioritizing customers and focusing on the key drivers of its business. By focusing on energy efficiency, cost savings, resiliency, and decarbonization, Ameresco aims to deliver exceptional value and innovative solutions that not only meet the evolving needs of its customers but also contribute to a sustainable future.<\/p>\n<p>\nTo learn more about Ameresco, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ameresco.com%2F&amp;esheet=54175625&amp;newsitemid=20250108642423&amp;lan=en-US&amp;anchor=www.ameresco.com&amp;index=2&amp;md5=cb75de8acc7aa852e17ef23bb7176bc6\">www.ameresco.com<\/a>.<\/p>\n<p><b>About Ameresco, Inc.<\/b><\/p>\n<p>\nFounded in 2000, Ameresco, Inc. (NYSE:<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Ficf-acquires-applied-energy-group-from-ameresco-inc-302344656.html%23financial-modal&amp;esheet=54175625&amp;newsitemid=20250108642423&amp;lan=en-US&amp;anchor=AMRC&amp;index=3&amp;md5=033f80e646422f0e5d3696cf8bd5aa9c\"><b>AMRC<\/b><\/a>) is a leading cleantech integrator and renewable energy asset developer, owner and operator. Our comprehensive portfolio includes solutions that help customers reduce costs, decarbonize to net zero, and build energy resiliency while leveraging smart, connected technologies. From implementing energy efficiency and infrastructure upgrades to developing, constructing, and operating distributed energy resources \u2013 we are a trusted sustainability partner. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, utilities, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ameresco.com%2F&amp;esheet=54175625&amp;newsitemid=20250108642423&amp;lan=en-US&amp;anchor=www.ameresco.com&amp;index=4&amp;md5=1e1f3d2a91dda5e8fa370ee717dca5b5\"><b>www.ameresco.com<\/b><\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250108642423r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250108642423\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250108642423\/en\/<\/a><\/span><\/p>\n<p>\nAmeresco: Leila Dillon, 508-661-2264, <a rel=\"nofollow\" href=\"mailto:news@ameresco.com\">news@ameresco.com<br \/>\n<\/a><br \/>Investor Relations: Eric Prouty, AdvisIRy Partners, 212.750.5800, <a rel=\"nofollow\" href=\"mailto:eric.prouty@advisiry.com\">eric.prouty@advisiry.com<br \/>\n<\/a><br \/>Lynn Morgen, AdvisIRy Partners, 212.750.5800, <a rel=\"nofollow\" href=\"mailto:lynn.morgen@advisiry.com\">lynn.morgen@advisiry.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Massachusetts United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environment Sustainability Alternative Energy Green Technology Energy Environmental Health Climate Change<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250108642423\/en\/283995\/3\/Ameresco_logo_0711.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses Ameresco\u2019s commitment to energy efficiency, cost savings, resiliency, and decarbonization continues to guide its strategic initiatives FRAMINGHAM, Mass.&#8211;(BUSINESS WIRE)&#8211;Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the successful year end divestiture of the Applied Energy Group (AEG), a leading energy technology and advisory services company with over 100 utility management and demand-side energy experts to ICF, a global consulting and technology services provider. The divestiture underscores Ameresco&#8217;s commitment to its primary business areas while actively pursuing new growth opportunities within its target markets. By streamlining operations, Ameresco is also better positioned to innovate and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ameresco-announces-successful-divestiture-of-applied-energy-group-aeg-business-reinforcing-focus-and-reinvesting-in-core-businesses\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799067","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ameresco-announces-successful-divestiture-of-applied-energy-group-aeg-business-reinforcing-focus-and-reinvesting-in-core-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ameresco Announces Successful Divestiture of Applied Energy Group (AEG) Business, Reinforcing Focus and Reinvesting in Core Businesses Ameresco\u2019s commitment to energy efficiency, cost savings, resiliency, and decarbonization continues to guide its strategic initiatives FRAMINGHAM, Mass.&#8211;(BUSINESS WIRE)&#8211;Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the successful year end divestiture of the Applied Energy Group (AEG), a leading energy technology and advisory services company with over 100 utility management and demand-side energy experts to ICF, a global consulting and technology services provider. The divestiture underscores Ameresco&#8217;s commitment to its primary business areas while actively pursuing new growth opportunities within its target markets. 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The divestiture underscores Ameresco&#8217;s commitment to its primary business areas while actively pursuing new growth opportunities within its target markets. 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