Featured Stories
Troutman Pepper Locke's Shelli Willis Selected to Prestigious "50 Women to Watch for Boards"
ATLANTA, Georgia, Aug. 4 -- Troutman Pepper, a law firm, issued the following news:
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Troutman Pepper Locke's Shelli Willis Selected to Prestigious "50 Women to Watch for Boards"
Shelli Willis, partner in Troutman Pepper Locke's Real Estate Practice Group, has been named to the 50/50 Women on Boards 2026 "50 Women to Watch for Boards," which recognizes North America's most accomplished senior executives assessed as board-ready leaders poised to shape the future of corporate governance. For more information, see the press release.
Willis was selected from 314 applicants by an independent
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ATLANTA, Georgia, Aug. 4 -- Troutman Pepper, a law firm, issued the following news:
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Troutman Pepper Locke's Shelli Willis Selected to Prestigious "50 Women to Watch for Boards"
Shelli Willis, partner in Troutman Pepper Locke's Real Estate Practice Group, has been named to the 50/50 Women on Boards 2026 "50 Women to Watch for Boards," which recognizes North America's most accomplished senior executives assessed as board-ready leaders poised to shape the future of corporate governance. For more information, see the press release.
Willis was selected from 314 applicants by an independentselection committee comprising experienced public company directors, governance experts, stock exchange leaders, and executive search specialists. She will be recognized alongside her fellow honorees during Global Summit Week in New York in September.
As a member of the 2026 program, Willis will receive governance education, year-round visibility, mentoring opportunities, and direct access to governance leaders, CEOs, executive search firms, and nominating committees responsible for future board appointments.
Since the launch of "Women to Watch" in 2023, 20 percent of honorees have secured either a public company board seat or a compensated private company board position.
At Troutman Pepper Locke, Willis' practice involves advising leading financial institutions, nonbank lenders, publicly traded companies, and real estate developers and investors on a range of transactional matters and strategic initiatives. Drawing from significant experience in the real estate and banking sectors, she provides clear-cut guidance throughout the lifecycle of her clients' commercial real estate investments, complex lending, and other key transactions.
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Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.
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Original text here: https://www.troutman.com/insights/troutman-pepper-lockes-shelli-willis-selected-to-prestigious-50-women-to-watch-for-boards/
[Category: BizLaw/Legal]
Nixon Peabody Earns 2026 "IP STARS" Honors From Managing Intellectual Property
ALBANY, New York, Aug. 4 -- Nixon Peabody, a law firm, issued the following news release:
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Nixon Peabody earns 2026 "IP STARS" honors from Managing Intellectual Property
Boston, MA. Nixon Peabody LLP is pleased to announce that the firm and its intellectual property attorneys have been recognized in the 2026 edition of Managing Intellectual Property's "IP STARS" rankings.
Nixon Peabody's Intellectual Property practice guides clients through the full IP lifecycle, including advising across industries to protect, defend, enforce, and commercialize their intellectual property assets around
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ALBANY, New York, Aug. 4 -- Nixon Peabody, a law firm, issued the following news release:
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Nixon Peabody earns 2026 "IP STARS" honors from Managing Intellectual Property
Boston, MA. Nixon Peabody LLP is pleased to announce that the firm and its intellectual property attorneys have been recognized in the 2026 edition of Managing Intellectual Property's "IP STARS" rankings.
Nixon Peabody's Intellectual Property practice guides clients through the full IP lifecycle, including advising across industries to protect, defend, enforce, and commercialize their intellectual property assets aroundthe world. The team helps clients navigate patent and trademark prosecution, IP litigation, portfolio strategy, licensing, transactions, and related counseling.
The annual "IP STARS" guide by Managing Intellectual Property recognizes leading IP legal practitioners and firms worldwide, following a research process that includes interviews, emails, and online surveys from thousands of firms, IP practitioners, and clients. In addition to individual attorney rankings, Nixon Peabody was recognized as a notable firm in National Patent Prosecution and recommended nationally for IP transactions.
Managing Intellectual Property recognized the following Nixon Peabody attorneys in its 2026 "IP STARS" rankings:
Daniel J. Burnham (Chicago)
* Patent Star -- National, Illinois
Angelo Christopher (Chicago)
* Rising Star -- National, Illinois
Jeffrey L. Costellia (Washington, DC)
* Patent Star -- National, District of Columbia
* Trademark Star -- National, District of Columbia
Janet Garetto (Chicago)
* Patent Star -- National, Illinois
Jason Kravitz (Boston)
* Trademark Star -- National, Massachusetts
David May (Washington, DC)
* Trademark Star -- National, District of Columbia
Seth Levy (Los Angeles)
* Transactions Star -- National, California
Ashe Puri (Los Angeles)
* Patent Star -- National, California
Sasha Rao (San Francisco)
* Patent Star -- National, California
* Trademark Star -- National, California
David Resnick (Boston)
* Notable Practitioner -- National, Massachusetts
Kristen Mollnow Walsh (Rochester)
* Trademark Star -- National, Massachusetts
Henry Wheare (Hong Kong)
* Patent Star -- Hong Kong
* Trademark Star -- Hong Kong
In addition to recognizing Nixon Peabody as a notable firm in the National Patent Prosecution category, the firm was recognized in the areas of:
* IP Transactions -- National
* Patent Disputes -- Illinois
* Patent Prosecution -- Illinois, Massachusetts
* Trademark -- Massachusetts
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Original text here: https://www.nixonpeabody.com/about/media/2026/08/03/nixon-peabody-earns-2026-ip-stars-honors-from-managing-intellectual-property
[Category: BizLaw/Legal]
Marcus & Millichap Brokers $9.5M Sale of 30-Unit Multifamily Property in Van Nuys, California
ENCINO, California, Aug. 4 -- Marcus and Millichap issued the following news release on Aug. 3, 2026:
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Marcus & Millichap Brokers $9.5M Sale of 30-Unit Multifamily Property in Van Nuys, California
VAN NUYS, Calif. - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 7203 Rubio Ave., a 30-unit multifamily property in Van Nuys, California. The property sold for $9.5 million or $316,667 per unit. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of
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ENCINO, California, Aug. 4 -- Marcus and Millichap issued the following news release on Aug. 3, 2026:
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Marcus & Millichap Brokers $9.5M Sale of 30-Unit Multifamily Property in Van Nuys, California
VAN NUYS, Calif. - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 7203 Rubio Ave., a 30-unit multifamily property in Van Nuys, California. The property sold for $9.5 million or $316,667 per unit. Marcus & Millichap Capital Corporation (MMCC), a subsidiary ofMarcus & Millichap, secured $6,223,000 in acquisition financing.
"Bringing this property to market for the first time since its construction in 2013 generated significant investor interest," said Neema Ahadian, senior managing director investments. "After a disciplined marketing process that included eight property tours and five competitive offers, we identified a qualified buyer who performed without requesting price reductions or credits in escrow. The transaction reflects continued demand for well-located, newer-vintage multifamily properties that are not subject to the Los Angeles Rent Stabilization Ordinance."
Ahadian and Leonardo Laterza, investment specialists in Marcus & Millichap's Los Angeles office, had the exclusive listing to market the property on behalf of the seller, a local developer, and procured the buyer, a local private investor.
Danny Abergel, executive managing director, capital markets, based in the firm's Los Angeles office, secured a 5-year loan at 67 percent loan-to-value with a national bank on behalf of the buyer. Additional terms include a competitive interest rate and a 30-year amortization period.
Built in 2013, the 32,777-square-foot property sits on a 0.54-acre parcel at 7203 Rubio Ave. in the Lake Balboa neighborhood of Los Angeles' San Fernando Valley. The property includes 29 apartment units and one leased office space with a unit mix of nine one-bedroom units, 10 two-bedroom units and 10 three-bedroom units. Amenities include 53 gated parking spaces, electric vehicle charging stations and separately metered utilities. The property is near the 405 and 101 freeways, providing convenient access to employment centers, retail and dining throughout the San Fernando Valley.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
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Original text here: https://www.marcusmillichap.com/news-events/press/2026/08/8-3---7203-rubio-ave
[Category: BizRealEstate]
Marcus & Millichap Brokers $3.8M Sale of Taco Bell in Poulsbo, Washington
ENCINO, California, Aug. 4 -- Marcus and Millichap issued the following news release on Aug. 3, 2026:
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Marcus & Millichap Brokers $3.8M Sale of Taco Bell in Poulsbo, Washington
POULSBO, Wash. - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 21289 Olhava Way NW, a locally owned and operated Taco Bell in Poulsbo, Washington. The asset sold for $3.8 million equating to a 4.84 percent cap rate.
"Demand for high-performing quick-service restaurant properties
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ENCINO, California, Aug. 4 -- Marcus and Millichap issued the following news release on Aug. 3, 2026:
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Marcus & Millichap Brokers $3.8M Sale of Taco Bell in Poulsbo, Washington
POULSBO, Wash. - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 21289 Olhava Way NW, a locally owned and operated Taco Bell in Poulsbo, Washington. The asset sold for $3.8 million equating to a 4.84 percent cap rate.
"Demand for high-performing quick-service restaurant propertieson the West Coast remains strong as West Coast 1031 exchange buyers seek long-term investments backed by established operators close to home," said Ryan Croke, an associate with the NFB Group of Marcus & Millichap. "This Taco Bell stood out because it offered a newly constructed asset with a long-term investment profile in a market where well-located net-leased opportunities remain in high demand."
Croke, Tyler Bindi, Rob Narchi and Jason Fefer, investment specialists in Marcus & Millichap's Los Angeles office, in association with Joel Deis, Marcus & Millichap's Washington broker of record, represented the buyer, a Southern California 1031 exchange buyer. The seller was a Washington-based developer.
Marcus & Millichap facilitated the acquisition as the replacement property in the buyer's 1031 exchange. The buyer exchanged out of a property they had owned since 2011 in favor of a longer-term investment in a high-performing Taco Bell in the Pacific Northwest.
Built in 2021, the 2,024-square-foot Taco Bell is situated on a one-acre parcel off Washington State Route 3. The property is one of the newer Taco Bell locations in the market and will be held as a long-term NNN investment.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
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Original text here: https://www.marcusmillichap.com/news-events/press/2026/08/8-3---taco-bell
[Category: BizRealEstate]
Dentons Advises Morgan Stanley on Debut Euros150 Million Croatian Bank International Bond Issuance
WASHINGTON, Aug. 4 -- Dentons, a law firm, issued the following news:
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Dentons advises Morgan Stanley on debut Euros150 million Croatian bank international bond issuance
London--Dentons has advised Morgan Stanley Europe SE, as sole bookrunner, on the debut issuance by Hrvatska postanska banka p.l.c (HPB) of Euros150 million 4.125% fixed rate reset callable senior preferred notes due 2029. The transaction is a landmark for HPB, welcoming investment from international debt capital markets investors for the first time.
HPB is the largest Croatian-owned bank, operating a universal commercial
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WASHINGTON, Aug. 4 -- Dentons, a law firm, issued the following news:
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Dentons advises Morgan Stanley on debut Euros150 million Croatian bank international bond issuance
London--Dentons has advised Morgan Stanley Europe SE, as sole bookrunner, on the debut issuance by Hrvatska postanska banka p.l.c (HPB) of Euros150 million 4.125% fixed rate reset callable senior preferred notes due 2029. The transaction is a landmark for HPB, welcoming investment from international debt capital markets investors for the first time.
HPB is the largest Croatian-owned bank, operating a universal commercialbanking model across Croatia. Proceeds from the issuance will be used for general corporate purposes including the financing of its lending activities and the strengthening of its capital and liability structure, including for the purpose of meeting its MREL requirements.
Neil Dixon, partner at Dentons, commented: "We are pleased to have advised Morgan Stanley on this debut issuance by HPB, signalling the continued development of the Croatian capital markets. We look forward to assisting on further transactions in the region."
The Dentons team provided English law legal advice to Morgan Stanley, with the transaction led by London-based capital markets partner Neil Dixon and counsel David Brian supported by associate Tom Day and trainee Rakhi Gohil.
Dentons worked alongside Divjak Topic, Bahtijarevic & Krka Law Firm Llc as Croatian counsel to Morgan Stanley, while HPB was advised by Clifford Chance LLP as to English law, and by Wolf Theiss Rechtsanwalte GmbH & Co KG, Zagreb Branch as Croatian counsel.
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About Dentons
Redefining possibilities. Together, everywhere. For more information visit dentons.com
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URL: Morgan Stanley Europe SE
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Original text here: https://www.dentons.com/en/about-dentons/news-events-and-awards/news/2026/august/dentons-advises-morgan-stanley-on-debut-150-million-croatian-bank-international-bond-issuance
[Category: BizLaw/Legal]
Babcock & Wilcox Sets 2nd Quarter 2026 Conference Call and Webcast for Monday, August 10, 2026 at 5 P.m. ET
AKRON, Ohio, Aug. 4 -- Babcock and Wilcox Enterprises, a provider of energy and environmental technologies and services for the power and industrial markets, issued the following news release on Aug. 3, 2026:
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Babcock & Wilcox Sets Second Quarter 2026 Conference Call and Webcast for Monday, August 10, 2026 at 5 p.m. ET
Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the "Company") will host a conference call and webcast on Monday, August 10, 2026 at 5 p.m. ET.
B&W Chairman and Chief Executive Officer Kenneth Young and B&W Chief Financial Officer Cameron Frymyer will discuss the Company's
... Show Full Article
AKRON, Ohio, Aug. 4 -- Babcock and Wilcox Enterprises, a provider of energy and environmental technologies and services for the power and industrial markets, issued the following news release on Aug. 3, 2026:
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Babcock & Wilcox Sets Second Quarter 2026 Conference Call and Webcast for Monday, August 10, 2026 at 5 p.m. ET
Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the "Company") will host a conference call and webcast on Monday, August 10, 2026 at 5 p.m. ET.
B&W Chairman and Chief Executive Officer Kenneth Young and B&W Chief Financial Officer Cameron Frymyer will discuss the Company'ssecond quarter 2026 results.
The Company expects to issue a news release detailing the results prior to the August 10 conference call and webcast.
The listen-only audio of the conference call will be broadcast live via the Internet on B&W's Investor Relations site. The dial-in number for participants in the U.S. is (833) 461-5787; the dial-in number for participants in Canada is (365) 657-4084; the dial-in number for participants in all other locations is (585) 542-9983.
The conference ID for all participants is 808869498. A replay of this conference call will remain accessible in the Investor Relations section of the Company's website for a limited time.
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About Babcock & Wilcox
Headquartered in Akron, Ohio, Babcock & Wilcox Enterprises, Inc. is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com.
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Original text here: https://www.babcock.com/home/about/corporate/news/babcock-and-wilcox-sets-second-quarter-2026-conference-call-and-webcast-for-monday-august-10-2026-at-5-pm-et
[Category: BizEnergy]
Ameresco Reports 2nd Quarter 2026 Financial Results
FRAMINGHAM, Massachusetts, Aug. 4 [Category: BizEnergy] -- Ameresco, a cleantech integrator specializing in energy efficiency and renewable energy, posted the following news release on Aug. 3, 2026:
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Ameresco Reports Second Quarter 2026 Financial Results
Strong Second Quarter Performance
Record $1.8 Billion in New Project Awards Led by Strong Momentum with Data Center Power Infrastructure Projects
Total Backlog Increased 32% Y/Y to a Record $6.73 Billion
Increases 2026 EPS Guidance
Second Quarter 2026 Financial Highlights:
* Revenues of $515.5 million
* Net income attributable to
... Show Full Article
FRAMINGHAM, Massachusetts, Aug. 4 [Category: BizEnergy] -- Ameresco, a cleantech integrator specializing in energy efficiency and renewable energy, posted the following news release on Aug. 3, 2026:
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Ameresco Reports Second Quarter 2026 Financial Results
Strong Second Quarter Performance
Record $1.8 Billion in New Project Awards Led by Strong Momentum with Data Center Power Infrastructure Projects
Total Backlog Increased 32% Y/Y to a Record $6.73 Billion
Increases 2026 EPS Guidance
Second Quarter 2026 Financial Highlights:
* Revenues of $515.5 million
* Net income attributable tocommon shareholders of $9.7 million
* GAAP EPS of $0.18
* Non-GAAP EPS $0.20
* Adjusted EBITDA of $62.8 million
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Ameresco, Inc. (NYSE:AMRC), a leading energy infrastructure company, today announced financial results for the second quarter ended June 30, 2026. The Company also furnished supplemental information in conjunction with this press release in a Current Report on Form 8-K. The supplemental information, which includes Non-GAAP financial measures, has been posted to the "Investors" section of the Company's website at www.ameresco.com. Reconciliations of Non-GAAP measures to the appropriate GAAP measures are included herein. All financial result comparisons made are against the prior year period unless otherwise noted.
CEO George Sakellaris commented, "Outstanding second quarter results demonstrated solid execution in key areas of our business, underscoring Ameresco's position as a leading energy infrastructure company that delivers integrated solutions to provide reliable power and modernize critical building and public infrastructure. This performance supports our expectation for 2026 to be another year of growth and increased profitability.
"One of the highlights of the quarter was the tremendous momentum we experienced in the Power Infrastructure pillar of our business, which resulted in a record 65% increase in our awarded backlog to $4.4 billion, providing substantial visibility for at least the next three to four years. During the quarter, we had a record of $1.8 billion of new awards, driven by $1.2 billion for data center, and $600 million for our other key markets. We successfully advanced three new behind the meter data center projects, bringing the total number of data center projects in our awarded project backlog to five. The dollar amount related to data centers that we added to our awarded backlog this quarter represents only a portion of their potential total value. We expect to add additional contributions to awarded backlog and move projects to contracted backlog as these projects reach further development and construction milestones. And beyond these five data center power infrastructure projects already in our awarded backlog, we have a growing number of additional opportunities in our pipeline," Mr. Sakellaris concluded.
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TABLE: Second Quarter Financial Results
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Total revenue increased 9% to $515.5 million, reflecting broad-based growth across each of our core business lines and continued strong execution on project backlog conversion. Project revenue increased 6% to $380.9 million, while Energy Asset revenue grew 21% to $75.9 million, as we continued to expand our portfolio of owned operating assets. O&M revenue increased 29% to $36.2 million, driven by the continued addition of new long-term contracts. Gross margin expanded to 17.7%, reflecting a favorable business mix and strong execution, with meaningful improvement on both a sequential and year-over-year basis.
Net income attributable to common shareholders was $9.7 million, or $0.18 per diluted share, while Non-GAAP EPS was $0.20. Adjusted EBITDA increased 12% to $62.8 million, outpacing revenue growth and reflecting strong operating execution, improved business mix and the continued expansion of our higher margin recurring businesses. EPS reflected higher depreciation and interest expense associated with the growth in our Energy Asset portfolio, a lower tax benefit, and the non-controlling interest impact from the Neogenyx transaction.
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TABLE: Project and Asset Highlights
TABLE: Balance Sheet and Cash Flow Metrics
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Unrestricted cash increased to $138.3 million with total corporate debt of $384.8 million. Our corporate leverage was 3.2x, comfortably below our 3.5x covenant. We also strengthened our capital position in Q2, securing $471.0 million of financing commitments, including the $400 million related to the Neogenyx transaction. That capital gives us added flexibility to fund growth, support working capital needs, and continue scaling the Energy Assets portfolio in a disciplined way.
Adjusted Cash from Operations was negative in Q2, primarily due to the timing of project execution, billings and collections. On a rolling eight-quarter basis, Adjusted Cash from Operations was approximately $30 million, compared with $57 million last quarter, primarily reflecting the timing and mix of activity in the period, along with the composition of the rolling period.
Summary and Outlook
"The second quarter represented an important inflection point for Ameresco as our history of successful large-scale integrated power solution deployments made us a trusted partner for many high profile customers in the data center industry. We are experts in behind the meter solutions,and those solutions now are becoming the go-to path for many data center projects which do not have access to grid power. Our building and public infrastructure projects and energy asset activities, together with these large-scale data center power infrastructure opportunities, give Ameresco a tremendous runway for future growth," concluded CEO George Sakellaris.
Given our first-half performance, the visibility in our backlog, and the financing progress we made in Q2, we remain confident in our outlook for 2026 and are reaffirming our full-year guidance across all metrics and based on improved visibility into investment tax credits expected to be realized in 2026, we are increasing our Non-GAAP EPS. Based on our updated view, we now expect a tax benefit rate in the range of (25%) to (40%), which increases our Non-GAAP EPS guidance range to be $1.15 to $1.35.
The expected additional tax benefit is supported by our planned transition to a new accounting policy for transferable tax credits in the second half of the year. This methodology better aligns earnings recognition with the period in which the investment tax credits are generated, rather than allocating the benefit over the life of the related assets.
We expect the second half to follow our normal seasonal cadence, with activity weighted somewhat more toward Q4, supported by continued project execution, backlog conversion, and disciplined cost management.
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TABLE: FY 2026 Guidance Ranges
(1) The Company's Adjusted EBITDA and Non-GAAP EPS guidance excludes the potential impact of redeemable non-controlling interest activity, one-time charges, energy asset and goodwill impairment charges, changes in contingent consideration, restructuring activities, as well as any related tax impact.
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Conference Call/Webcast Information
The Company will host a conference call today at 4:30 p.m. ET to discuss second quarter 2026 financial results, business and financial outlook, and other business highlights. To participate on the day of the call, dial 1-888-596-4144, or internationally 1-646-968-2525, and enter the conference ID: 4849290, approximately 10 minutes before the call. A live, listen-only webcast of the conference call will also be available over the Internet. Individuals wishing to listen can access the call through the "Investors" section of the Company's website at www.ameresco.com. If you are unable to listen to the live call, an archived webcast will be available on the Company's website for one year.
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Use of Non-GAAP Financial Measures
This press release and the accompanying tables include references to adjusted EBITDA, Non- GAAP EPS, Non-GAAP net income and adjusted cash from operations, which are Non-GAAP financial measures. For a description of these Non-GAAP financial measures, including the reasons management uses these measures, please see the section following the accompanying tables titled "Exhibit A: Non-GAAP Financial Measures". For a reconciliation of these Non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with GAAP, please see Non-GAAP Financial Measures and Non-GAAP Financial Guidance in the accompanying tables.
Defined Terms
More details on additional definitions used herein, such as total project backlog, awarded backlog, contracted backlog, O&M backlog, 12-month backlog and assets in development are provided in our periodic reports filed with the SEC..
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About Ameresco, Inc.
Ameresco, Inc. (NYSE: AMRC) is a leading energy infrastructure company delivering integrated solutions to create reliable power and modernize infrastructure. The company's Power Infrastructure business integrates energy resources across behind-the-meter and utility-scale systems. Its Buildings & Public Infrastructure business modernizes the built environment with smart, connected solutions that optimize performance and enhance resilience. Ameresco is a trusted full lifecycle partner, delivering over $15 billion in solutions and contracting over 5 GW of energy resources since its founding in 2000. Headquartered in Massachusetts, Ameresco serves public and private sector customers across North America and Europe. Learn more at www.ameresco.com.
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Safe Harbor Statement
This release contains forward-looking statements within the meaning of Section 21E of the Exchange Act, and Section 27A of the Securities Act. Statements that do not relate strictly to historical or current facts are forward-looking. Without limiting the generality of the foregoing, forward-looking statements contained herein specifically include expectations about market conditions, pipeline, visibility, backlog and conversion thereof, pending agreements, new and expanding market opportunities, financial guidance including estimated future revenues, net income, adjusted EBITDA, Non-GAAP EPS, gross margin, effective tax rate, interest rate, depreciation, tax attributes and capital investments; our expectations related to our agreement with SCE including the impact of delays and any requirement to pay liquidated damages, goals, strategies, investment objectives, plans and achievements and other statements containing the words "projects," "believes," "anticipates," "plans," "expects," "will" and similar expressions .The forward-looking statements included herein involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The Company has based these forward-looking statements on current expectations and assumptions about future events, taking into account all information currently known by the Company. While the Company considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks and uncertainties, many of which are difficult to predict and beyond the Company's control. These risks and uncertainties include, but are not limited to: (i) demand for our energy efficiency and infrastructure solutions and our ability or inability to execute our strategic growth plan, including our ability to invest according to plan, grow our businesses (including through joint ventures or other co-investment vehicles and expand into new lines of business); (ii) the timing of, and ability to, enter into contracts for awarded projects on the terms proposed or at all; (iii) the timing of work we do on projects where we recognize revenue on a percentage of completion basis; (iv) the ability to perform under signed contracts without delay and in accordance with their terms and the potential for liquidated and other damages we may be subject to; (v) the fiscal health of the government and the impact of any government shutdowns; (vi) our ability to complete and operate our projects on a profitable basis and as committed to our customers; (vii) our cash flows from operations and our ability to arrange financing to fund our operations and projects; (viii) our customers' ability to finance their projects and credit risk from our customers; (ix) our ability to comply with covenants in our existing debt agreements; (x) the impact of macroeconomic challenges, weather related events and climate change; (xi) our reliance on third parties for our construction and installation work; (xii) availability and cost of labor and equipment; (xiii) global supply chain challenges, component shortages and inflationary pressures; (xiv) changes in federal, state and local government policies and programs related to our business; (xv) the ability of customers to cancel or defer contracts included in our backlog; (xvi) the output and performance of our energy plants and energy projects; (xvii) cybersecurity incidents and breaches; (xviii) regulatory and other risks inherent to constructing and operating energy assets; (xix) the effects of and ability to close our acquisitions and joint ventures; (xx) seasonality in construction and in demand for our products and services; (xxi) a customer's decision to delay our work on, or other risks involved with, a particular project; (xxii) the addition of new customers or the loss of existing customers; (xxiii) market price of our Class A Common stock prevailing from time to time; (xxiv) the nature of other investment opportunities presented to our Company from time to time; (xxv) risks related to our international operation and international growth strategy; and (xxvi) the other risks described in our periodic reports filed with the SEC, including under the caption "Risk Factors" in Part I, Item 1A of our Annual Report. Except as required by law, we undertake no obligation to update any forward-looking statements appearing in this press release.
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Original text here: https://www.ameresco.com/ameresco-reports-second-quarter-2026-financial-results/
