Ameresco Announces the Acquisition of Wind Farm in West County Cork, Ireland
22 November 2022 - 12:40AM
Business Wire
The three-turbine 5MW wind farm designed to
deliver clean, carbon-free energy to the surrounding County Cork
community
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator
specializing in energy efficiency and renewable energy, today
announced that it has acquired a wind farm in West County Cork,
Ireland. This three-turbine site is designed to deliver a total
combined capacity of 5MW of clean energy.
The project, acquired by Ameresco, will generate carbon-free
energy, which will be distributed directly into the local utility
network supported by a power purchase agreement. The electricity
generated at the site is designed to supply approximately 3,000
homes in Ireland. The acquisition of this wind farm continues
Ameresco’s growing wind power portfolio, further expanding its
generation assets outside of the United States and Canada.
“Having seen first-hand the production capability of wind farms
in County Cork, I am very pleased to see Ameresco complete this
acquisition and further add to our diversified renewable energy
asset portfolio,” said Ameresco EVP and Chief Financial Officer
Doran Hole. “We’re proud to be part of the energy transition in
Ireland and look forward to providing clean energy to the region in
the years to come.”
“It is very gratifying to announce the acquisition of our latest
site in Ireland,” said Derek Dixon, Vice President Ameresco UK. “I
am grateful to our internal team and strategic external partners
for coming together to successfully complete this clean energy
acquisition.”
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading
independent clean technology integrator of comprehensive services,
energy efficiency, infrastructure upgrades, asset sustainability
and renewable energy solutions for businesses and organizations
throughout North America and Europe. Ameresco’s sustainability
services include upgrades to a facility’s energy infrastructure and
the development, construction and operation of renewable energy
plants. Ameresco has successfully completed energy saving,
environmentally responsible projects with Federal, state and local
governments, healthcare and educational institutions, housing
authorities, and commercial and industrial customers. With its
corporate headquarters in Framingham, MA, Ameresco has more than
1,000 employees providing local expertise in the United States,
Canada, and the United Kingdom. For more information, visit
www.ameresco.com.
The announcement of for the acquisition of an energy asset is
not necessarily indicative of the timing or amount of revenue from
the energy asset, of the company’s overall revenue for any
particular period or of trends in the company’s overall total
assets in development or operation. This project was not included
in our previously reported assets in development as of June 30,
2022.
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version on businesswire.com: https://www.businesswire.com/news/home/20221121005517/en/
Media Contact: Ameresco: Leila Dillon, 508-661-2264,
news@ameresco.com
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