Ameresco CFO Mark A. Chiplock to Resign, Departure Effective Sept 25, 2026

Ameresco (AMRC) is involved in the $374.7M Sweetheart Lake Hydroelectric Project, expanding its clean energy portfolio. The company also announced leadership changes, including the resignation of its CFO and General Counsel. Ameresco has a $5.0B project backlog and operates 839 MWe of assets, with a market value of about $1.2B.

Ameresco announced the departure of its Chief Financial Officer, according to a Reuters report. The company did not specify a reason for the departure or provide a successor. This leadership change may impact investor confidence and operational stability.

Ameresco's shares declined after Baird downgraded the company to 'Neutral' from 'Outperform' and reduced its price target to $32 from $36. The stock has fallen 10.56% over the past 5 days and 12.97% year-to-date.

Ameresco (AMRC) reported Q2 2026 revenue of $515.5 million, up 9%, with project revenue $380.9 million, energy asset revenue $75.9 million, and O&M revenue $36.2 million. Total backlog rose to $6.7 billion. Gross margin was 17.7% and non-GAAP EPS was $0.20. Guidance: revenue $2.0-$2.2B and adjusted EBITDA $250-$270M.

Ameresco (NYSE:AMRC) reported Q2 revenue of $515.46M versus $462.95M expected, and adjusted EPS of 20 cents versus 16 cents, according to Benzinga Pro. Revenue rose 9% YoY, backlog grew 32% to $6.73B, and Power Infrastructure revenue rose 65%. New awards totaled $1.8B, including $1.2B for data centers. AMRC reaffirmed 2026 revenue guidance and raised adjusted EPS outlook to $1.15-$1.35.

Ameresco (NYSE:AMRC) reported Q2 CY2026 revenue of $515.5 million, up 9.1% year on year and 11.9% above Wall Street estimates, according to the company. Non-GAAP adjusted EPS was $0.20, near consensus. The company guided full-year revenue to about $2.1 billion. Shares rose 20.9% to $27.46 after results.