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Ameresco and City of Chandler Launch Energy Initiative to Cut Municipal Utility Costs by Over $1 Million Annually
Businesswire· 2025-11-14 13:05
Core Insights - Ameresco, Inc. has initiated a significant solar project in Chandler aimed at enhancing energy security and reducing utility costs while promoting sustainability [1] Company Overview - Ameresco, Inc. is recognized as a leading provider of energy infrastructure solutions [1] Project Details - The solar project will implement solar photovoltaic (PV) systems across 22 municipal facilities [1] - This initiative is designed to create a municipal blueprint for resilient and cost-efficient energy solutions [1] - The total portfolio of the project is 7 [1]
UAB “Atsinaujinančios energetikos investicijos” publishes its factsheet for the third quarter of 2025
Globenewswire· 2025-11-03 14:04
Investment Company Overview - The Bank of Lithuania approved the Company's Unsecured Fixed Rate Note Programme with a nominal value of up to EUR 50,000,000 [2] Solar Projects - The Company completed the divestment of its 2.6 MW solar project in Lithuania in September 2025 as part of its ongoing divestment process [3] - The construction of a 67.8 MW solar portfolio in Poland is nearing completion, with 49.8 MW operational and two additional projects of approximately 1.9 MW successfully connected to the grid in Q3 2025. The full portfolio is expected to be operational by March 2026 [4] - The second solar portfolio in Poland, with a total capacity of 114.0 MW, is structured in two phases. Phase I (66.6 MW) is nearing completion, with 26.47 MW energized in Q4 2024 and an additional 20 MW connected in Q2 2025. The remaining 20.2 MW is expected to be energized in the next quarter. Phase II (47.4 MW) commenced construction in October 2024 and is on track for completion by the end of 2025 [5] Wind Projects - A 112 MW wind farm project in Latvia is under construction, with all contracts finalized and long-term debt financing secured in Q4 2025. Project energization is expected in Q1 2027 [7] - The 185.5 MW wind portfolio in which the Company holds a 25% stake is operating without major disruptions, although arbitration proceedings are ongoing regarding the acquisition price calculation [8] Hybrid Projects - The Company is advancing its hybrid projects, including UAB "Pakruojo vėjas" (45 MW wind) and UAB "Ekoelektra" (70 MW solar and 100 MW wind), through final procurement stages [9] - UAB "JTPG" (70 MW solar) in Lithuania is progressing through environmental permitting to increase capacity with an additional 69 MW wind. The solar component has also made progress, with land plots secured and agreements signed [10][11]
Range Impact Reports 2Q 2025 Financial Results
GlobeNewswire News Room· 2025-08-14 20:53
Core Insights - Range Impact, Inc. reported its second quarter results for the period ending June 30, 2025, highlighting progress in its strategy to build recurring revenue streams and reduce costs [1][3] Business and Financial Highlights - The company sold three non-core mining permits at the Fola Mine Complex, reducing reclamation obligations by $1,244,560 and generating a transaction advisory fee of $800,000, totaling over $2.0 million in value [7] - Two additional mining permits were acquired at the Fola Mine Complex, along with a coal royalty agreement, expected to yield several years of surface mining and royalty payments [7] - A new underground metallurgical coal royalty agreement was finalized with a large public coal company, anticipated to provide several years of underground mining and royalty payments [7] - Progress was made on a large solar project at the Fola Mine Complex, expected to generate a minimum of 25 years of lease revenue starting in the next few years [7] - Gross Profit for the quarter was $508,322, an increase of $504,471 from Q1 2025 and $657,251 from Q2 2024, attributed to new royalty income, cost reductions, and the transaction advisory fee [7] - The company divested non-core equipment and repaid $355,653 in debt, totaling $722,143 in debt paydowns for the year-to-date period [7] - Operations were streamlined to maximize free cash flow for reclamation and repurposing efforts at the Fola Mine Complex [7]