Ameresco, Inc., (NYSE: AMRC) shares gained ground Monday. The firm, a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced the successful completion of two integrated design-build projects with Ave Maria University in Florida. These initiatives mark a significant step in modernizing the University’s building infrastructure and upgrading their building automation system to enhance operational control, safety, and support future campus expansion.
In the first phase, Ameresco implemented a new building automation system that integrates HVAC equipment across five campus buildings. The web-based platform has already improved occupant comfort and operational controls, with projected annual savings of approximately $200,000. As part of the University’s broader strategy to modernize campus infrastructure, the second phase addressed exterior lighting, resulting in improved visibility and safety.
“As our campus continues to grow, we knew we needed to invest in infrastructure that could keep pace—not just for today, but for the future,” said Paul Husak, Chief Operating Officer at Ave Maria University. “In doing so, we’re living out our responsibility as an authentically Catholic university: to steward our resources wisely, safeguard our students, and prepare a campus where future leaders and future saints can flourish.”
To further support Ave Maria’s expansion goals, Ameresco developed a project to increase the central utility plant’s capacity by more than 80%.
Construction is expected to be completed in 2026.
AMRC shares marched ahead 89 cents, or 3.3%, to $28.28.
