Ameresco (AMRC) Received Final Acceptance Certificate From DOE for Savannah River Project

December 22, 2011 8:23 AM EST
Ameresco, Inc. (NYSE: AMRC) received its Final Acceptance Certificate from the United States Department of Energy (DOE) Savannah River Operations Office for the completion of construction of the DOE Savannah River Site (SRS) Biomass Cogeneration Facility (BCF) installed under the $795 million energy savings performance contract (ESPC) awarded to Ameresco in May 2009.

Following a series of performance tests on the newly-operational plant, the 20 megawatt (MW), 34 acre, renewable energy facility is on-schedule to provide the necessary process steam to the site as well as provide approximately 30% of power for the site once fully operational in 2012. During the past six weeks, the plant has produced over 3 million kilowatt hours of energy that was used by the site during the series of performance tests.


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