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Ameresco announces sale of $71M in Investment Tax Credits

Ameresco (AMRC) announced the successful sale of approximately $71 million in Investment Tax Credits generated from three of its landfill-gas-to-renewable natural gas projects. These projects, which Ameresco developed, constructed, financed, and currently operates, were placed in service in 2024. This transaction marks Ameresco’s third ITC sale to a corporate buyer and its first sale of RNG tax credits under the transferability rules, demonstrating the company’s ability to capitalize on clean energy incentives and project financing through multiple means and a diversified pool of lenders and investors.

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