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-0.00104493207941482 -0.00104493207941482 -0.00313479623824445 -0.00104493207941482 0.0208986415882969 0.0376175548589341 0.0376175548589341 0.0376175548589341
Stock impact report

Ameresco buffs up smart building solutions with ASA Controls acquisition [Yahoo! Finance]

Ameresco, Inc. Class A (AMRC) 
Last ameresco, inc. class a earnings: 3/2 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ameresco.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Despite a murky outlook for Ameresco's federal contracts, in the wake of an executive order issued by President Donald Trump on his first day in office, the company is working to bolster its smart building solutions. The executive order, among other things, discourages regulatory efforts to curb choice in appliances like water heaters and gas stoves on the basis of energy efficiency. The company relies on the federal government for about 20% of its revenue, but it's not letting a pullback in that business keep it from investing in the smart building services it provides to its other clients. “There is a strong demand for our budget-neutral solutions that provide customers with significant cost savings, resiliency and much needed infrastructure improvements,” CEO George Sakellaris said last month on the firm's Q4 earnings call To meet that demand, Ameresco acquired regional controls contractor ASA Controls, a specialist in the design, installation, start-up and service of HVAC dir Show less Read more
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