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Ameresco ( (AMRC) ) has provided an update.
On May 12, 2026, Ameresco announced it had closed its previously disclosed transaction with HA Sustainable Infrastructure Capital, Inc. to carve out its biofuels operations into a new joint venture called Neogenyx Fuels. The vehicle, which is valued at a post-money enterprise value of about $1.8 billion, will be 70% owned by Ameresco and 30% by HASI, aligning Ameresco’s development expertise with a dedicated capital partner for advanced biofuels growth.
Under the deal, Ameresco contributed its scaled biofuels asset base and operating platform to Neogenyx Fuels, while HASI committed $400 million to finance the venture’s expansion, with $100 million paid to Ameresco at closing. The transaction is intended to unlock embedded value in Ameresco’s biofuels business, strengthen its balance sheet, and support growth in renewable fuels, and the company reiterated its fiscal 2026 guidance issued on May 4, signaling confidence in its financial outlook despite the structural change.
The most recent analyst rating on (AMRC) stock is a Buy with a $59.00 price target. To see the full list of analyst forecasts on Ameresco stock, see the AMRC Stock Forecast page.
Spark’s Take on AMRC Stock
According to Spark, TipRanks’ AI Analyst, AMRC is a Neutral.
The score is held back primarily by weak financial quality—especially persistently negative free cash flow and higher leverage—despite solid revenue growth. The earnings call was a meaningful positive (backlog expansion, maintained guidance, and improved funding via the Neogenix JV), and technicals are moderately supportive, but valuation metrics remain unattractive given the negative P/E and lack of dividend yield.
To see Spark’s full report on AMRC stock, click here.
More about Ameresco
Ameresco, Inc. is a leading energy infrastructure solutions provider focused on helping customers reduce costs, enhance resilience and decarbonize to net zero as part of the global energy transition. The company delivers smart energy efficiency upgrades, modernizes aging infrastructure and develops, constructs and operates distributed energy resources for public and private-sector clients across North America and Europe.
Ameresco serves Federal, state and local governments, utilities, data centers, educational and healthcare institutions, housing authorities, and commercial and industrial customers as a full-service partner. Headquartered in Framingham, Mass., it employs more than 1,500 people who provide local expertise in its core markets and support deployment of advanced clean energy infrastructure solutions.
Average Trading Volume: 523,583
Technical Sentiment Signal: Buy
Current Market Cap: $1.59B
For a thorough assessment of AMRC stock, go to TipRanks’ Stock Analysis page.