May 14, 2018 - 10:00 AM EDT
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Ameresco, Inc. Completes Purchase of the Assets of Metro Washington, DC-based JVP Engineers, P.C.

FRAMINGHAM, Mass. & WASHINGTON

Purchase adds even greater depth of engineering capabilities to develop advanced energy efficiency and energy security solutions to Ameresco’s cutting-edge technical team

Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency, renewable energy, and energy infrastructure company, today announced it has completed the purchase of the assets of JVP Engineers, P.C., and the company is now part of Ameresco’s Federal Solutions business based in Washington, DC.

JVP Engineers, P.C. has served the capital region for more than 25 years. Located in Friendship Heights, Washington, DC, the company has provided high-quality, cost-effective, innovative MEP and Fire Protection engineering designs to a wide variety of clients including federal and local governments, health facilities, education complexes, and office buildings.

“We are excited to welcome JVP and its customers to Ameresco,” stated Nicole Bulgarino, Executive Vice President, Federal Services. “As a leading comprehensive energy services provider throughout North America and the UK, Ameresco delivers value for its customers and offers the benefit of its breadth and depth of experience and complete service offerings. Adding JVP’s team to the Ameresco family further supports our growth strategy to provide design-build services to our federal and commercial customers.”

“Our JVP team is delighted to join Ameresco and we’re confident our customers will continue to experience and benefit from the same strong commitment we’ve always instilled,” stated J. Vicente Pedraza, President & Founder of JVP Engineers. “Ameresco’s values, culture of caring, and focus on customer satisfaction are consistent with JVP’s long-standing commitment and dedication to high-quality service.”

JVP Engineers, P.C. is in the process of being fully integrated into Ameresco’s Federal Solutions business. JVP’s 13 employees are joining Ameresco’s current workforce of more than 1,000. J. Vicente Pedraza is joining Ameresco as Principal Engineer and Vincent J. Pedraza as Senior Director, Design Build Business Development.

Terms of the acquisition agreement were not disclosed.

About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading independent provider of comprehensive services, energy efficiency, infrastructure upgrades, asset sustainability and renewable energy solutions for businesses and organizations throughout North America and Europe. Ameresco’s sustainability services include upgrades to a facility’s energy infrastructure and the development, construction and operation of renewable energy plants. Ameresco has successfully completed energy saving, environmentally responsible projects with Federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. With its corporate headquarters in Framingham, MA, Ameresco has more than 1,000 employees providing local expertise in the United States, Canada, and the United Kingdom. For more information, visit www.ameresco.com.

Ameresco, Inc.
CarolAnn Hibbard, 508-661-2264
news@ameresco.com


Source: Business Wire (May 14, 2018 - 10:00 AM EDT)

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