Business
Ameresco Reports Third Quarter 2025 Financial Results
FRAMINGHAM, Mass., November 03, 2025--Ameresco, Inc. (NYSE:AMRC), a leading energy infrastructure solutions provider, today announced financial results for the third quarter ended September 30, 2025. 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. Reconciliatio
About this update from Ameresco, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":5000,"height":1150,"url":"https://media.zenfs.com/en/business-wire.com/9b4995811249add732e44ef0d0e62097"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zg0zJzk2P9kmLh4bXNnNgw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIyMTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/9b4995811249add732e44ef0d0e62097","width":960,"height":221},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/L_hKa1j_Xx8YJEfj1VpN_A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01NTI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/9b4995811249add732e44ef0d0e62097","width":1200,"height":276}},"lazy":false},{"type":"text","content":" Ameresco Delivered Solid Q3 Results Strong Demand for Energy Infrastructure Provides Substantial Growth Opportunities Total Project Backlog of $5.1 Billion Strengthens Long-Term Revenue Visibility Reaffirms 2025 Guidance ","length":223,"tagName":"p","attribs":{}},{"type":"text","content":" Third Quarter 2025 Financial Highlights: ","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues of $526.0 million","length":26,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income attributable to common shareholders of $18.5 million","length":63,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP EPS of $0.35","length":17,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Non-GAAP EPS of $0.35","length":21,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $70.4 million","length":32,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":159,"olType":false},{"type":"text","content":" FRAMINGHAM, Mass., November 03, 2025 --( BUSINESS WIRE )--Ameresco, Inc. (NYSE:AMRC), a leading energy infrastructure solutions provider, today announced financial results for the third quarter ended September 30, 2025. 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.","length":700,"tagName":"p"},{"type":"text","content":"CEO George Sakellaris commented, "Third quarter results were excellent and kept us on track to hit our full year 2025 guidance ranges, while also further strengthening our long- term revenue visibility. We achieved solid year-on-year growth across our key business segments, reflecting increased demand and improved execution. Adjusted EBITDA growth outpaced revenue growth by a considerable margin, demonstrating the operating leverage we believe is inherent in the Ameresco business model. Demand for our energy infrastructure solutions remained robust, and we see our unique ability to offer flexible financial options to our customers as a strong selling point.","length":670,"tagName":"p"},{"type":"text","content":"We also further strengthened our long-term revenue visibility with successful business development activities that have resulted in new Project and O&M contract wins as well as growth in our Energy Asset portfolio. At the end of the third quarter, our total project backlog exceeded $5 billion, with $2.5 billion being contracted. Our customer base and technology solutions have also expanded. This year we have won mandates to provide customized solutions to a data center developer and a large steel producer, while also continuing to effectively serve our traditional civilian and military federal customers as well as the MUSH markets. Our Project and Asset wins have included solutions such as hydroelectric, hydrogen as well as firm generation and energy storage. We believe that we are at an important industry inflection point, and that Ameresco’s leadership in implementing customized energy solutions positions us to benefit from this demand," Mr. Sakellaris concluded.","length":988,"tagName":"p"},{"type":"readMore"},{"type":"text","content":" Third Quarter Financial Results (All financial result comparisons made are against the prior year period unless otherwise noted.)","length":130,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:22%;","val":[{"type":"text","content":" (in thousands) ","length":14,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;border-bottom:solid black 1.0pt;","val":[{"type":"text","content":" Q3 2025 ","length":7,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;","val":[{"type":"text","content":" Q3 2024 ","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;width:22%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":" Revenue ","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":" Net Income (1) ","length":14,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":" Adj. EBITDA ","length":11,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":" Revenue ","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":" Net Income (1) ","length":14,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:13%;","val":[{"type":"text","content":" Adj. EBITDA ","length":11,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;width:22%;","val":[{"type":"text","content":"Projects","length":8,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$409,952","length":8,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$5,329","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$24,480","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$385,377","length":8,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$9,865","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$20,741","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;width:22%;","val":[{"type":"text","content":"Energy Assets","length":13,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$62,537","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$10,950","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$41,124","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$59,130","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$2,686","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$33,334","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;width:22%;","val":[{"type":"text","content":"O&M","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$30,770","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$1,257","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$2,628","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$28,425","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$3,801","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$4,986","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;border-bottom:solid black 1.0pt;width:22%;","val":[{"type":"text","content":"Other","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$22,728","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$996","length":4,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$2,168","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$27,941","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$1,247","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:13%;","val":[{"type":"text","content":"$3,033","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;width:22%;","val":[{"type":"text","content":" Total (2) ","length":9,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;text-align:center;list-style-position:inside;vertical-align:bottom;width:13%;","val":[{"type":"text","content":" $525,987 ","length":8,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;text-align:center;list-style-position:inside;vertical-align:bottom;width:13%;","val":[{"type":"text","content":" $18,532 ","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;text-align:center;list-style-position:inside;vertical-align:bottom;width:13%;","val":[{"type":"text","content":" $70,400 ","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;text-align:center;list-style-position:inside;vertical-align:bottom;width:13%;","val":[{"type":"text","content":" $500,873 ","length":8,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;text-align:center;list-style-position:inside;vertical-align:bottom;width:13%;","val":[{"type":"text","content":" $17,599 ","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;text-align:center;list-style-position:inside;vertical-align:bottom;width:13%;","val":[{"type":"text","content":" $62,194 ","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:22%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:13%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:13%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:13%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:13%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:13%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:13%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"7","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;","val":[{"type":"text","content":" (1) Net Income represents net income attributable to common shareholders.","length":73,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"7","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;","val":[{"type":"text","content":" (2) Numbers in table may not sum due to rounding.","length":49,"tagName":"p","attribs":{}}]}]}],"length":505},{"type":"text","content":"Total revenue of $526.0 million increased 5%. Solid results in Europe combined with our focus on project execution and the conversion of our backlog drove growth of 6% in our Projects revenue to $410.0 million. Energy Asset revenue grew 6% to $62.5 million, with the continued growth of the Company’s portfolio of operating assets. O&M revenue had another solid quarter increasing 8%, while Other revenue declined due to the sale of AEG at the end of 2024. Gross margin of 16.0% improved both sequentially and versus last year. Net income attributable to common shareholders was $18.5 million with EPS and Non-GAAP EPS of $0.35. Adjusted EBITDA increased 13% to $70.4 million.","length":680,"tagName":"p"},{"type":"text","content":" Project and Asset Highlights ","length":28,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ($ in millions) ","length":15,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;width:19%;vertical-align:bottom;","val":[{"type":"text","content":" At September 30, 2025 ","length":21,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Awarded Project Backlog (1) ","length":27,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;background-color:#D3D3D3;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$2,668","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Contracted Project Backlog","length":26,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$2,473","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" Total Project Backlog ","length":21,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$5,141","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"12-month Contracted Backlog (2) ","length":31,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$1,249","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"New Contracts","length":13,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$467","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"New Awards (3) ","length":14,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$447","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;width:19%;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Total O&M Revenue Backlog","length":29,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;background-color:#D3D3D3;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$1,476","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"12-month O&M Backlog","length":24,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$103","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Total Energy Asset Visibility (4) ","length":33,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$3,548","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Total Revenue Visibility","length":24,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"$10,165","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;width:19%;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Energy Assets Placed into Operation","length":35,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;border-top:solid black 1.0pt;background-color:#D3D3D3;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"16 MWe","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Energy Assets New Awards / Scope Changes","length":40,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"32 MWe","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Total Operating Energy Assets","length":29,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"765 MWe","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Ameresco's Net Assets in Development (5) ","length":44,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;width:19%;vertical-align:bottom;","val":[{"type":"text","content":"626 MWe","length":7,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;width:19%;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"3","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (1) Customer contracts that have not been signed yet","length":52,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"3","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (2) We define our 12-month backlog as the estimated amount of revenues that we expect to recognize in the next twelve months from our fully-contracted backlog","length":158,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"3","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (3) Represents estimated future revenues from projects that have been awarded, though the contracts have not yet been signed","length":124,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"3","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (4) Estimated contracted revenue and incentives during PPA period plus estimated additional revenue from operating RNG assets over a 20-year period, assuming RINs at $1.50/gallon and brown gas at $3.50/MMBtu with $3.00/MMBtu for LCFS on certain projects","length":253,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"3","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (5) Net MWe capacity includes only our share of any jointly owned assets","length":72,"tagName":"p","attribs":{}}]}]}],"length":1310},{"type":"text","content":" Balance Sheet and Cash Flow Metrics ","length":35,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ($ in millions) ","length":15,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;border-bottom:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":" September 30, 2025 ","length":18,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Total Corporate Debt (1) ","length":24,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$300.2","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Corporate Debt Leverage Ratio (2) ","length":33,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"3.2X","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Non-Core Debt, International JVs (4) ","length":36,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$32.1","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Total Energy Asset Debt (3) ","length":27,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$1,551.5","length":8,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Energy Asset Book Value (5) ","length":27,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$2,117.5","length":8,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Energy Debt Advance Rate (6) ","length":28,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"73%","length":3,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Q3 Cash Flows from Operating Activities","length":39,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$17.7","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" Plus: Q3 Proceeds from Federal ESPC Projects ","length":44,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":" $46.6 ","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Equals: Q3 Adjusted Cash from Operations","length":40,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$64.3","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"8-quarter rolling average Cash Flows from Operating Activities","length":62,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$6.3","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Plus: 8-quarter rolling average Proceeds from Sales of ITC","length":58,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$8.8","length":4,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" Plus: 8-quarter rolling average Proceeds from Federal ESPC Projects ","length":67,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;background-color:#D3D3D3;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":" $36.7 ","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":"Equals: 8-quarter rolling average Adjusted Cash from Operations","length":63,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;text-align:center;list-style-position:inside;vertical-align:bottom;width:20%;","val":[{"type":"text","content":"$51.9","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:80%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;width:20%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"2","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (1) Subordinated debt, term loans, and drawn amounts on the revolving line of credit, net of debt discount and issuance costs","length":125,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"2","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (2) Debt to EBITDA, as calculated under our Sr. Secured Credit Facility","length":71,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"2","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (3) Term loans, sale-leasebacks and construction loan project financings for our Energy Assets in operations and in-construction and development","length":144,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"2","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (4) Non-core Debt associated with our international joint ventures, net of $58K unamortized debt discount","length":105,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"2","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (5) Book Value of our Energy Assets in operations and in-construction and development","length":85,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"2","rowspan":"1","style":"padding-left:0.0px;vertical-align:top;","val":[{"type":"text","content":" (6) Total Energy Asset Debt divided by Energy Asset Book Value","length":62,"tagName":"p","attribs":{}}]}]}],"length":1288},{"type":"text","content":"The Company ended the quarter with $94.6 million in unrestricted cash with total corporate debt including our subordinated debt, term loans and drawn amounts on our revolving line of credit increasing to $300.2 million. Corporate debt increased in order to support our working capital needs given the continued growth of our project and energy asset businesses. During the quarter the Company successfully executed approximately $180.0 million in project financing commitments. Our Energy Asset Debt was $1.6 billion with an Energy Debt Advance rate of 73% on the Energy Asset Book Value. Our Adjusted Cash from Operations during the quarter was $64.3 million. Our 8-quarter rolling average Adjusted Cash from Operations was $51.9 million.","length":739,"tagName":"p"},{"type":"text","content":" Outlook ","length":7,"tagName":"p"},{"type":"text","content":""We are seeing a growing number of diversified opportunities on the horizon, as rapidly increasing demand for electricity, rising utility rates and growing grid instability continues to drive interest and demand for our broad portfolio of Energy Infrastructure solutions. With over 25 years of experience in providing these solutions, and our reputation for innovation and execution, we are confident in our ability to capture a significant share of these opportunities, which should help drive both near-term and long-term profitable growth. Our year-to-date results together with our visibility into the remainder of the year, support our 2025 revenue and adjusted EBITDA guidance of $1.9 billion and $235 million, respectively, at the midpoints of our ranges. A prolonged government shutdown could delay some project award conversions and shift some revenue timing, but we do not anticipate this would have a material impact on our fourth quarter results.","length":963,"tagName":"p"},{"type":"text","content":"We believe our business momentum, together with the visibility from our project backlog and recurring revenue streams underpins our ability to achieve our long-term target growth rates of 10% revenue and 20% adjusted EBITDA in the years ahead," Mr. Sakellaris concluded.","length":275,"tagName":"p"},{"type":"text","content":"Our 2025 guidance does not include the potential impact of a change in accounting principle related to sale-leaseback arrangements that continue to be assessed.","length":160,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"3","rowspan":"1","style":"border-bottom:solid black 1.0pt;padding-left:0.0px;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":" FY 2025 Guidance Ranges ","length":23,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;width:60%;","val":[{"type":"text","content":"Revenue","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;background-color:#D3D3D3;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$1.85 billion","length":13,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;background-color:#D3D3D3;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$1.95 billion","length":13,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;width:60%;","val":[{"type":"text","content":"Gross Margin","length":12,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"15.5%","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"16.0%","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;width:60%;","val":[{"type":"text","content":"Adjusted EBITDA","length":15,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;background-color:#D3D3D3;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$225 million","length":12,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;background-color:#D3D3D3;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$245 million","length":12,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;width:60%;","val":[{"type":"text","content":"Depreciation & Amortization","length":31,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$103 million","length":12,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$105 million","length":12,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;width:60%;","val":[{"type":"text","content":"Interest Expense & Other","length":28,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;background-color:#D3D3D3;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$85 million","length":11,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;background-color:#D3D3D3;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$90 million","length":11,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;width:60%;","val":[{"type":"text","content":"Effective Tax Rate","length":18,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"(50)%","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"(35)%","length":5,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;background-color:#D3D3D3;width:60%;","val":[{"type":"text","content":"Income Attributable to Non-Controlling Interest","length":47,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;background-color:#D3D3D3;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$(5) million","length":12,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;background-color:#D3D3D3;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$(8) million","length":12,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;width:60%;","val":[{"type":"text","content":"Non-GAAP EPS","length":12,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$0.70","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;border-left:solid black 1.0pt;border-right:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;width:20%;text-align:center;list-style-position:inside;vertical-align:bottom;","val":[{"type":"text","content":"$0.90","length":5,"tagName":"p","attribs":{}}]}]}],"length":343},{"type":"text","content":"The Company’s Adjusted EBITDA and Non-GAAP EPS guidance excludes the impact of redeemable non-controlling interest activity, one-time charges, asset impairment charges, changes in contingent consideration, restructuring activities, as well as any related tax impact.","length":266,"tagName":"p"},{"type":"text","content":" Conference Call/Webcast Information ","length":35,"tagName":"p"},{"type":"text","content":"The Company will host a conference call today at 4:30 p.m. ET to discuss third quarter 2025 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: 1676587, 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.","length":702,"tagName":"p"},{"type":"text","content":" Use of Non-GAAP Financial Measures ","length":34,"tagName":"p"},{"type":"text","content":"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.","length":662,"tagName":"p"},{"type":"text","content":" About Ameresco, Inc. ","length":20,"tagName":"p"},{"type":"text","content":"Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading energy infrastructure solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering diversified generation solutions to Federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit www.ameresco.com .","length":885,"tagName":"p"},{"type":"text","content":" Safe Harbor Statement ","length":21,"tagName":"p"},{"type":"text","content":"Any statements in this press release about future expectations, plans and prospects for Ameresco, Inc., including statements about market conditions, pipeline, visibility, backlog, pending agreements, 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, as well as statements about our financing plans, the impact of the OBBB Act, the impact of other policies and regulatory changes implemented by the new U.S. administration, supply chain disruptions, shortage and cost of materials and labor, and other macroeconomic and geopolitical challenges, the impact from a possible change in accounting principle, our expectations related to our agreement with SCE including the impact of delays and any requirement to pay liquidated damages, and other statements containing the words "projects," "believes," "anticipates," "plans," "expects," "will" and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward looking statements as a result of various important factors, including: demand for our energy efficiency and renewable energy solutions; the timing of, and ability to, enter into contracts for awarded projects on the terms proposed or at all; the timing of work we do on projects where we recognize revenue on a percentage of completion basis; 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; the fiscal health of the government and the impact of a prolonged government shutdown and reductions in the federal workforce; our ability to complete and operate our projects on a profitable basis and as committed to our customers; our cash flows from operations and our ability to arrange financing to fund our operations and projects; our customers’ ability to finance their projects and credit risk from our customers; our ability to comply with covenants in our existing debt agreements; the impact of macroeconomic challenges, weather related events and climate change; our reliance on third parties for our construction and installation work; availability and cost of labor and equipment particularly given global supply chain challenges, tariffs and global trade conflicts; global supply chain challenges, component shortages and inflationary pressures; changes in federal, state and local government policies and programs related to energy efficiency and renewable energy; the ability of customers to cancel or defer contracts included in our backlog; the output and performance of our energy plants and energy projects; cybersecurity incidents and breaches; regulatory and other risks inherent to constructing and operating energy assets; the effects of our acquisitions and joint ventures; seasonality in construction and in demand for our products and services; a customer’s decision to delay our work on, or other risks involved with, a particular project; the addition of new customers or the loss of existing customers; market price of our Class A Common stock prevailing from time to time; the nature of other investment opportunities presented to our Company from time to time; risks related to our international operation and international growth strategy; and other factors discussed in our most recent Annual Report on Form 10-K and our quarterly reports on Form 10-Q. The forward-looking statements included in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.","length":4168,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"8","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;","val":[{"type":"text","content":" AMERESCO, INC. ","length":14,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"8","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;","val":[{"type":"text","content":" CONDENSED CONSOLIDATED BALANCE SHEETS ","length":37,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"8","rowspan":"1","style":"padding-left:0.0px;text-align:center;list-style-position:inside;","val":[{"type":"text","content":" (In thousands, except share amounts) ","length":36,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;width:69%;","val":[]},{"colspan":"3","rowspan":"1","style":"padding-left:0.0px;","val":[]},{"colspan":"1","rowspan":"1","style":"padding-left:0.0px;width:1%;","val":[]},{"colspan":"3","rowspan":"1","style":"padding-left:0.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:69%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;","val":[{"type":"text","content":" September 30, ","length":13,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;","val":[{"type":"text","content":" December 31, ","length":12,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;text-align:center;list-style-position:inside;width:69%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;vertical-align:bottom;padding-bottom:4.0px;text-align:center;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;vertical-align:bottom;padding-bottom:4.0px;text-align:center;list-style-position:inside;width:13%;","val":[{"type":"text","content":" 2025 ","length":4,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;vertical-align:bottom;padding-bottom:4.0px;text-align:center;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;text-align:center;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;vertical-align:bottom;padding-bottom:4.0px;text-align:center;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;vertical-align:bottom;padding-bottom:4.0px;text-align:center;list-style-position:inside;width:13%;","val":[{"type":"text","content":" 2024 ","length":4,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"border-bottom:solid black 1.0pt;padding-left:0.0px;padding-right:0.0px;vertical-align:bottom;padding-bottom:4.0px;text-align:center;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:69%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;","val":[{"type":"text","content":" (Unaudited) ","length":11,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"8","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;","val":[{"type":"text","content":" ASSETS ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:69%;","val":[{"type":"text","content":"Current assets:","length":15,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Cash and cash equivalents","length":25,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"94,551","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":"$","length":1,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"108,516","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Restricted cash","length":15,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"98,504","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"69,706","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Accounts receivable, net","length":24,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"253,793","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"256,961","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Accounts receivable retainage, net","length":34,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"48,846","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"39,843","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Unbilled revenue","length":16,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"691,316","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"644,105","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Inventory, net","length":14,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"12,785","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"11,556","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Prepaid expenses and other current assets","length":41,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"189,747","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"145,906","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Income tax receivable","length":21,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"3,603","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"1,685","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;width:69%;padding-left:15.0px;","val":[{"type":"text","content":"Project development costs, net","length":30,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"27,351","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"22,856","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;border-bottom:solid black 1.0pt;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;padding-bottom:4.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;width:69%;padding-left:30.0px;","val":[{"type":"text","content":"Total current assets","length":20,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"1,420,496","length":9,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"1,301,134","length":9,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:69%;","val":[{"type":"text","content":"Federal ESPC receivable","length":23,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"516,326","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"609,128","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:69%;","val":[{"type":"text","content":"Property and equipment, net","length":27,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"9,848","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"11,040","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:69%;","val":[{"type":"text","content":"Energy assets, net","length":18,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"2,117,460","length":9,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"1,915,311","length":9,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:69%;","val":[{"type":"text","content":"Deferred income tax assets, net","length":31,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"76,348","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"56,523","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:69%;","val":[{"type":"text","content":"Goodwill, net","length":13,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"69,245","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"66,305","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:69%;","val":[{"type":"text","content":"Intangible assets, net","length":22,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"8,109","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"8,814","length":5,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;width:69%;","val":[{"type":"text","content":"Right-of-use assets, net","length":24,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:13%;","val":[{"type":"text","content":"76,371","length":6,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:bottom;background-color:#CCEEFF;padding-left:0.0px;padding-right:0.0px;text-align:right;list-style-position:inside;width:1%;","val":[{"type":"text...