Ameresco Outlines 12 to 18 Month Timeline for Data Center Project Backlog Conversion
Ameresco (NYSE: AMRC) reported strong momentum in its third quarter, driven by excellent execution across all business lines. CEO George Sakellaris highlighted a significant milestone with $737 million of awards successfully converting into the company's contracted backlog. The company is specifically focusing on five data center projects, which are expected to transition into the contracted backlog over the next 12 to 18 months. This strategic move underscores Ameresco's growing footprint in energy infrastructure supporting high-demand sectors like data centers.
Tickers: $AMRC
Topics: backlog earnings financial performance