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Http://www.ameresco.com

Today, Under Secretary of Energy Thomas D’Agostino joined U.S. Representative Joe Wilson (R-SC) and other senior officials from the Department of Energy (DOE) and Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, to mark the successful operational startup of a new $795M renewable energy fueled facility at the Savannah River Site (SRS).

The 34-acre SRS Biomass Cogeneration Facility is the culmination of 30-months and more than 600,000 hours of labor. This project is also the single largest renewable Energy Savings Performance Contract (ESPC) in the Nation’s history. The project sustained and created an estimated 800 jobs, spanning the mechanical, construction, engineering, and supplier sectors. Fully operational, the plant will employ 25 fulltime jobs onsite and support the local logging community.

“Developing clean, renewable sources is an important part of President Obama’s all-of-the-above approach to American energy,” said Under Secretary D’Agostino in addressing an audience of approximately 150 stakeholders and employees during the ribbon cutting ceremony at SRS. “Projects like the SRS biomass facility are helping to deliver energy efficiency savings that benefit both taxpayers and the environment. Hundreds of people were put to work building this new facility that will save money, dramatically reduce emissions at the Savannah River Site, and help the Department to achieve our energy saving goals.”

“I would like to congratulate DOE and Ameresco on their joint investment in a new clean energy source,” Congressman Wilson shared with ceremony attendees. “Discovering new innovative energy sources is critically important in today’s current economic recession. I am very proud of this private sector investor, as it works to reduce energy costs at Savannah River Site at no additional cost to the taxpayer and creates jobs which will spur economic development.”

Acting Assistant Secretary for Environmental Management David Huizenga, DOE Savannah River Manager Dave Moody, and George Sakellaris, Ameresco President & Chief Executive Officer, joined Under Secretary D’Agostino and Rep. Wilson for the ceremonial ribbon cutting.

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