2026-03-31 20:24:09
Ameresco, Inc. Announces Executive Appointments and Credit Agreement Amendment
Expected Stock impact: Noticeably Positive
On March 30, 2026, Ameresco, Inc. (NYSE: AMRC) entered into Amendment No. 2 to its Sixth Amended and Restated Credit Agreement, which includes a $45 million increase in its Term Loan, bringing the total to $140 million. The amendment requires quarterly principal payments starting March 31, 2025, and is expected to enhance the company's liquidity position. Additionally, effective April 1, 2026, the company appointed Nicole A. Bulgarino and Louis P. Maltezos as Co-Presidents, while Peter Christakis was named Chief Operating Officer. These leadership changes aim to strengthen operations and drive growth, particularly in the company's Federal Solutions and Smart Building Solutions sectors. The appointments reflect Ameresco's commitment to leveraging internal talent and ensuring continuity in leadership as it navigates expanding market opportunities. The company continues to focus on operational alignment and execution, which are critical for its strategic outlook in the energy infrastructure sector.
