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Ameresco Powers Up With Record Data Center Awards
4 Aug
Summary
- Ameresco reported $515 million in Q2 2026 revenue, a 9% increase.
- New project awards reached a record $1.8 billion, led by data centers.
- Total project backlog increased to $6.7 billion, expecting conversion in 3-4 years.
Ameresco achieved a transformative second quarter in 2026, with revenues climbing to $515 million, marking a 9% rise from the previous year. The company announced a record $1.8 billion in new project awards, with data center power infrastructure projects accounting for $1.2 billion of this total. Awards across other markets added $600 million.
The company's awarded project backlog surged 65% year over year, reaching a new high of $4.4 billion. Overall project backlog increased by 32% to $6.7 billion. Ameresco anticipates converting this backlog within the next three to four years, dependent on various milestones.
Ameresco's strategic focus on data centers has expanded its footprint into Texas and Arizona with five new projects, excluding the Lemoore Data Center. These projects collectively represent over 1 gigawatt of power generation capacity. The company is proposing solutions such as on-site power generation and battery energy storage systems.
