Ameresco Announces Completion of Comprehensive Upgrades at Southeast New Mexico College to Modernize Campus Infrastructure and Boost Energy Resilience | AMRC Stock News

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  • Ameresco (AMRC, Financial) completes energy modernization upgrades at Southeast New Mexico College (SENMC).
  • The project is estimated to save SENMC over $141,000 annually in energy costs.
  • SENMC enters a 20-year Operations & Maintenance (O&M) contract to ensure long-term energy efficiency and reliability.

Ameresco, Inc. (AMRC), a renowned energy solutions provider, has announced the completion of a significant energy modernization project at Southeast New Mexico College (SENMC). This initiative, aimed at bolstering energy resilience and modernizing campus infrastructure, is projected to save the college over $141,000 annually. SENMC has entered into a 20-year Operations & Maintenance (O&M) contract with Ameresco to support these improvements.

This comprehensive project included the installation of a variety of renewable and energy-efficient technologies. Key upgrades incorporated LED lighting retrofits, rooftop unit enhancements, heat pump replacements, and the construction of solar photovoltaic-covered parking structures with a capacity of 977.7 kW-DC, which will generate energy while providing shade.

Dr. Kevin Beardmore, President of SENMC, lauded the partnership with Ameresco, noting the project's contribution to the college's strategic goals of efficiency and student success. The upgrades are expected to enhance the reliability of facility operations, alongside improving the learning and research environments for students and faculty.

Lou Maltezos, President of Ameresco's Central & Western USA, and Canada Regions, emphasized the importance of the project in promoting energy conservation and reducing utility costs. The collaboration highlights SENMC's leadership in adopting economically responsible solutions to reduce energy consumption and address deferred maintenance needs.

For more details on Ameresco's energy efficiency solutions, visit their website.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.