Ameresco Announces Completion of Multiple Financing and Tax Credit Transfer Transactions

Core Viewpoint - Ameresco has successfully completed multiple financing and tax credit transfer transactions to support its growing portfolio of energy storage and renewable infrastructure assets, enhancing its ability to finance large-scale projects across the United States [1] Financing Transactions - Ameresco completed the second and third long-term debt financings for solar PV and battery energy storage system (BESS) projects under a private shelf facility provided by CounterpointeSRE and Barings [1] - The transactions include the sale of investment tax credits (ITCs) related to a 50 MW / 200 MWh BESS project, financing of a 12 MW solar and 10 MW / 50 MWh BESS project, and financing of a 25 MW / 100 MWh BESS project [1] - The financing arrangements are designed to streamline execution and drive consistency across Ameresco's expanding pipeline of projects [1] Strategic Goals - The company aims to deploy long-duration, flexible capital solutions to support the rapid expansion of solar and advanced energy storage infrastructure [1] - Ameresco's strategy includes pairing long-term debt solutions with the sale of transferable tax credits to accelerate the deployment of energy infrastructure [1] Partnerships - CounterpointeSRE and Barings emphasize the importance of a scalable financing platform that supports the build-out of energy storage and solar infrastructure [1] - The collaboration aims to provide long-term financing solutions that incorporate transferable tax credits, facilitating capital deployment to high-quality energy transition assets [1]