Ameresco, Inc. Completes Acquisition of Maximum Solar

Ameresco, Inc. a leading energy efficiency and renewable energy company, today announced that it has acquired Maximum Solar, a Massachusetts based firm that specializes in solar operations and maintenance. With this acquisition, Ameresco will expand its operations and maintenance services to owners of commercial-scale photovoltaic solar facilities.

“A well-designed and properly executed maintenance program can be a crucial element to long-term energy system performance and production,” said Pete Christakis, Vice President Construction & Operations of Ameresco.

As part of this acquisition, Ameresco will further develop its in-house services to operate and maintain solar facilities, enhancing existing capabilities while using the latest technologies.

“Our mission is to maximize our clients’ returns by minimizing the downtime on their installations,” said Brett Chapman, President of Maximum Solar. “We are thrilled to continue to provide best-in-class O&M services as part of the Ameresco team.”

Financial terms of the transaction are undisclosed, though Ameresco does not anticipate that the acquisition will have a material impact on the financial results of the company.

Source: Ameresco, Inc.
Date: Jan 16, 2019