Ameresco (AMRC) announced plans-alongside the U.S. Navy and CyrusOne-to develop a 100 MW AI-optimized data center and critical energy infrastructure at Naval Air Station Lemoore. The facility will be co-located with dedicated onsite energy generation infrastructure designed to meet the reliability and performance demands of advanced AI workloads, Ameresco said in a statement, adding that NAS Lemoore will also benefit from a new microgrid, including engine generators, control systems, and infrastructure upgrades to enhance energy resilience across the installation. While the agreements for this development are being finalized, Ameresco expects this to be one of its largest energy assets. “This initiative directly supports our national priorities in AI and energy dominance,” said NAS Lemoore Executive Officer Captain Jeffry Findlay. “By enabling secure, reliable power and compute infrastructure at NAS Lemoore, we’re strengthening our ability to support critical missions and ensure operational continuity for those who serve.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMRC:
- Ameresco upgraded to Outperform from Neutral at Baird
- Ameresco’s Strong Demand and Project Pipeline Justify Buy Rating Despite Balance Sheet Concerns
- Ameresco upgraded to Neutral from Sell at UBS
- Ameresco upgraded to Neutral at UBS as headwinds abate
- Ameresco price target raised to $31 from $17 at Stifel