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August 2 , 2021 AMERESCO Green Clean Sustainable Ameresco Reports Second Quarter 2021 Financial Results - Robust Revenue and Profit Growth Across all Business Lines - - Gross Margin Improvement Driven by Recurring Revenue Growth - - Placed 33 MWe of Energy Assets into Operation - Second Quarter 2021 Financial Highlights : • Revenues of $ 273.9 million , up 23 % year - over - year • Net Income of $ 13.7 million , up 213 % • GAAP EPS of $ 0.26 , up 189 % • Non - GAAP EPS of $ 0.34 , up 79 % • Adjusted EBITDA of $ 34.4 million , up 42 % FRAMINGHAM , Mass .-- ( BUSINESS WIRE ) -- 0 Ameresco , Inc. ( NYSE : AMRC ) , a leading cleantech integrator specializing in energy efficiency and renewable energy , today announced financial results for the fiscal quarter ended June 30 , 2021. The Company has also furnished supplemental information in conjunction with this press release in a Current Report on Form 8 - K . The supplemental information includes non - GAAP financial metrics and has been posted to the " Investor Relations " section of the Company's website at www.ameresco.com . " We are very pleased with our strong second quarter results . These results highlight the strength of our diversified business model as all business lines experienced outstanding growth , " said George P. Sakellaris , President and Chief Executive Officer . " We grew our portfolio of operating Energy Assets by 33 megawatt equivalents ( MWe ) during the quarter , continuing the expansion of this higher margin , recurring revenue business , which provides great long - term visibility . Our Projects business continued to benefit from the ongoing shift to more comprehensive projects that utilize a broad portfolio of advanced clean energy technologies in which Ameresco has substantial expertise providing us a competitive advantage . We also are gaining traction in our Energy - as - a - Service ( EaaS ) offering . Our recent EaaS win at Northwestern University highlights the growing interest in these " no up- front capital " solutions that address deferred maintenance , escalating energy costs , resiliency and customer commitments to lowering their carbon footprints . We are all seeing a heightened awareness of the importance of resiliency and sustainability across all markets , and we believe this is not only impacting our business in the short - term , but that it is paving the way for outstanding long - term growth . " Second Quarter Financial Results ( All financial result comparisons made are against the prior year period unless otherwise noted . )