Latest news with #ESPC
Yahoo
2 days ago
- Business
- Yahoo
Ameresco and City of Pendleton, Oregon Host Ribbon Cutting Ceremony for 240 kW Solar Canopy Project
Located at the City's wastewater treatment and resource recovery facility, the solar canopy is expected to generate 325,000 kWh of electricity annually FRAMINGHAM, Mass. & PENDLETON, Ore., June 05, 2025--(BUSINESS WIRE)--Ameresco, Inc. (NYSE: AMRC): WHAT: Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, and officials from the City of Pendleton, Oregon will host a ribbon-cutting ceremony to celebrate the completion of a major solar canopy project. The 240 kW solar canopy is located at the City's Wastewater Treatment and Resource Recovery Facility (WWTRRF) and is the first of its kind in the region. It is expected to generate as much as 325,000 kWh of electricity annually, offsetting the energy use of the WWTRRF by 30%. This project is part of a broader initiative at the Pendleton WWTRRF, which includes a suite of renewable energy and efficiency upgrades designed to reduce the facility's carbon footprint and operational costs. In addition to the solar PV canopy, future plans include the integration of a battery energy storage system (BESS) that will further enhance the facility's energy management capabilities. The multiphase infrastructure improvement initiative was delivered through an Energy Savings Performance Contract (ESPC) with Ameresco, who provided price and performance guarantees and helped ensure participation from disadvantaged and local businesses. The project reflects Pendleton's commitment to energy efficiency, resilience and innovation in environmental stewardship. This celebration highlights a critical investment in energy infrastructure that will provide a blueprint for other cities in the future. WHEN: WEDNESDAY, JUNE 11, 2025, 1:00 – 2:00 P.M. WHERE: 4300 SW Houtama Road, Pendleton, Oregon 97801 Parking available on site WHO: Ameresco Kathleen Kelleher, Account Executive, Ameresco Brian Solan, Vice President – West Business Development, Ameresco City of Pendleton Kyle Willman, Wastewater Superintendent, City of Pendleton City of Pendleton officials and staff KEY VISUALS: Brief remarks from City leadership and project partners Ribbon cutting Tour of the solar canopy City of Pendleton official and Ameresco executives available for interview DRESS CODE: Business casual RSVP: Not needed for this event. About Ameresco, Inc. Founded in 2000, Ameresco, Inc. (NYSE: AMRC) is a leading energy solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering diversified generation solutions to Federal, state and local governments, utilities, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit View source version on Contacts Media: Ameresco: Leila Dillon, 508-661-2264, news@
Business Wire
2 days ago
- Business
- Business Wire
Ameresco and City of Pendleton, Oregon Host Ribbon Cutting Ceremony for 240 kW Solar Canopy Project
FRAMINGHAM, Mass. & PENDLETON, Ore.--(BUSINESS WIRE)--Ameresco, Inc. (NYSE: AMRC): WHAT: Ameresco, Inc., (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, and officials from the City of Pendleton, Oregon will host a ribbon-cutting ceremony to celebrate the completion of a major solar canopy project. The 240 kW solar canopy is located at the City's Wastewater Treatment and Resource Recovery Facility (WWTRRF) and is the first of its kind in the region. It is expected to generate as much as 325,000 kWh of electricity annually, offsetting the energy use of the WWTRRF by 30%. This project is part of a broader initiative at the Pendleton WWTRRF, which includes a suite of renewable energy and efficiency upgrades designed to reduce the facility's carbon footprint and operational costs. In addition to the solar PV canopy, future plans include the integration of a battery energy storage system (BESS) that will further enhance the facility's energy management capabilities. The multiphase infrastructure improvement initiative was delivered through an Energy Savings Performance Contract (ESPC) with Ameresco, who provided price and performance guarantees and helped ensure participation from disadvantaged and local businesses. The project reflects Pendleton's commitment to energy efficiency, resilience and innovation in environmental stewardship. This celebration highlights a critical investment in energy infrastructure that will provide a blueprint for other cities in the future. WHEN: WEDNESDAY, JUNE 11, 2025, 1:00 – 2:00 P.M. WHERE: 4300 SW Houtama Road, Pendleton, Oregon 97801 Parking available on site WHO: Ameresco Kathleen Kelleher, Account Executive, Ameresco Brian Solan, Vice President – West Business Development, Ameresco City of Pendleton Kyle Willman, Wastewater Superintendent, City of Pendleton City of Pendleton officials and staff KEY VISUALS: Brief remarks from City leadership and project partners Ribbon cutting Tour of the solar canopy City of Pendleton official and Ameresco executives available for interview DRESS CODE: Business casual RSVP: Not needed for this event. About Ameresco, Inc. Founded in 2000, Ameresco, Inc. (NYSE: AMRC) is a leading energy solutions provider dedicated to helping customers reduce costs, enhance resilience, and decarbonize to net zero in the global energy transition. Our comprehensive portfolio includes implementing smart energy efficiency solutions, upgrading aging infrastructure, and developing, constructing, and operating distributed energy resources. As a trusted full-service partner, Ameresco shows the way by reducing energy use and delivering diversified generation solutions to Federal, state and local governments, utilities, educational and healthcare institutions, housing authorities, and commercial and industrial customers. Headquartered in Framingham, MA, Ameresco has more than 1,500 employees providing local expertise in North America and Europe. For more information, visit
The Herald Scotland
4 days ago
- Business
- The Herald Scotland
How first-time buyers navigate Edinburgh's ruthless housing market
As prospective first-time buyers on modest incomes navigating the capital's relentlessly competitive housing market, Emily and her partner couldn't afford to be in a rush. But that all changed after a letter from their landlord. 'He wanted to raise our rent by 42% when the Scottish Government's rent freeze was dropped' she said. 'That was the catalysing incident that pushed us to basically get our stuff together and to genuinely start looking, and so we did. 'We'd have liked to wait a little bit longer, get more of our own cash for a deposit together, not rely on loans from family and that kind of thing. In the end we are having to rely on loans from family.' Listings appear and vanish in the blink of an eye. If not outbid, those looking to escape the volatile rental market and get their foot on the property ladder in Edinburgh are often outmanoeuvred by faster-moving buyers. 'It was a surprise how quickly some of these properties go on and off the market,' Emily says. 'We benefited from that in the end; the place we saw and ultimately had our offer accepted on, it went on the market on Friday, we went to see it on Sunday, our offer was in on Monday and it was accepted Monday afternoon and it was off the market. Read more stories from our series investigating the Future of Edinburgh: 'But that had happened to us a couple of times. We put in four or five offers and were outbid every time. It was really surprising to see just how quickly things moved. 'We saw a flat when we were passively looking, and we just decided to scramble and get a mortgage in principle in place and go for it. 'We got lucky - we really got lucky.' In a market like this, luck is essential—but it's most effective when matched with grit and determination. 'Unfortunately, you have to be on it, you have to be proactive, you have to be checking all the time,' says Emily, who moved to Scotland from America in 2017 and was granted settled status around three years ago. 'I was checking the ESPC website twice a day to see what was coming up on the market and then we were contacting estate agents immediately. I was doing it on my lunch break, right after work before the estate agent offices closed at 6pm. It was a part of my day for six months.' For couples, being in the right place at the right time and help from relatives can be the difference between buying a home and remaining in the rental cycle. House hunting is a daunting, gruelling task for anyone starting out. Especially for those going it alone. Louise, 28, describes the experience of being a first-time buyer as a single person in Edinburgh - where in March the average price paid by first-time buyers was £242,000, up from £229,000 the previous March - as 'absolutely crazy". (Image: Office of National Statistics) 'I've been on the hunt for a while but only managed to buy in April,' she says. 'I knew I wanted to buy soon, I'm 28 now, so I knew I wanted to get on the property ladder but the renting situation in Edinburgh and the cost spurred me on to try and find a place sooner.' After dipping her toe in the city's ruthless property market, Louise soon learned what she was up against. 'I would get a viewing lined up and then be rung back to be told it's been bought, within two days of it going on the market. 'I viewed between five and 10 and I registered my interest in a lot more than that, and either they were withdrawn from the market or bought within a few days. 'Or I'd view somewhere and the closing date would be in a week's time, so you have five days or a week to decide what your budget is, can you afford it, what offer to put in. And the prices you see online, I find in Edinburgh, are below home report. But then you're competing with people with offers above home report, so realistically the price you see online is about 20% less than what you are actually going to have to offer.' Like Emily, Louise describes herself as 'one of the lucky ones'. In the end, she still had to compromise and go for a place 'that's a bit of a doer-upper,' a tenement flat in the city. 'Ideally, I wanted somewhere I could just walk into. I didn't mind a bit of paint here and there,' she says. 'But for this one, I think I'm going to have to redo the kitchen and bathroom. But I didn't have to compete with anyone for this one, and I have an inkling that investors and people who are looking to Airbnb and rent out are looking for walk-ins so they can put it on the market straight away. 'Interestingly, I went to view one by the Meadows and the lady showing me around said 'I've had eight viewings today, you're the only person who's buying for themselves, everyone else is buying for their children who are going to the university. I was like, wow okay. 'I work outside Edinburgh and I did weigh up living outside out of the ring road just because the prices almost halve when you leave the city. You can get so much more for your money just within five miles. 'But then my friends and family are all here, I think I'd be isolated and would spend more money travelling into the city. So I did have to weigh that up, I was very much debating it but luckily one came on the market that I ended up getting.' Read more on the Future of Edinburgh: There is an 'extraordinary difference' between average house prices in Edinburgh (£327,751) and the rest of Scotland (£191,435), David Alexander, chief executive of lettings and estate agency DJ Alexander Scotland, said in November. He said this created a risk 'that Edinburgh becomes unaffordable for people moving into the city in the future'. DJ Alexander said that, over the decade to 2021, Edinburgh benefited from double-digit-percentage population growth. The property agent flagged an influx of 'well-qualified, well-paid, working-age people from around the world', declaring this had 'transformed' the Scottish capital's economy and housing market. Speaking to The Herald, one first-time buyer, who asked to remain anonymous, was ultimately forced to explore options outside the capital due to the affordability and recently bought a house in Falkirk. 'Everything in my price range was so small, needed so much work to be done and I wanted more space after 10 years with a flatmate living in one room. There was a place that looked okay but it had no central heating, no heating at all. 'The only thing I was looking at seriously was again living in one room, and I thought 'this is just so miserable'. So I ended up never really putting bids on places anyway because I could see it going to offers over anyway in a lot of places and it just seemed really unaffordable. 'Plus, they were looking for offers over and it just seemed like it would have wiped out any money that you would have had to do any work on the property.' One first-time buyer said they ended up moving to Falkirk due to Edinburgh's house prices (Image: Newsquest) Originally from outside Glasgow but living and working in Edinburgh city centre for the past 10 years, she was fortunate to have lived with her friend, a live-in landlord who charged 'really cheap rent' during that time, allowing her to save. But despite this it was still 'really difficult for me,' she adds. 'If you're having to pay the ridiculous rents in Edinburgh just now, about £1,200 for a one bed these days, it's almost impossible to save. 'It's weirdly depressing that with the cost of renting that buying seems like the cheaper option, but only you're fortunate enough to have the funds. It feels like the market's going to implode. 'I hadn't been looking seriously until August or September and started looking. I went to see a few places and they were just honking. 'My boyfriend lives in Falkirk which is why I thought about moving here. We haven't moved in together but I'm closer to where he is now, so that was why it came up on my radar. It's halfway between the two cities but for some reason not as many people have jumped on it. Which is good for me. 'I managed to find a place here fairly quickly. Your money goes a lot further and the range of properties is really nice. I hadn't thought about it until I started looking in Edinburgh and that made me feel quite miserable. 'Basically, I thought I'd much rather be in the centre of a town than the outskirts of a city.' Read more: For professional storyteller and theatre-maker Mark Borthwick, the four-year hunt for a home drags on. The process is made even harder by the fact he's self-employed. 'I'm the director of a limited company,' he explains. 'Mortgage lenders really struggle to understand what that means. 'Money that you pay yourself is viewed as an asset rather than an income, so they don't like to mortgage that. So I can only get a mortgage, even though I'm making a fair bit of money, I can only get a mortgage on the £40,000 that comes in PAYE, which only makes me eligible for a mortgage of £200,000. 'The chances are I'll keep saving up and buy a house outright before I get a mortgage. It's very challenging for that reason, but also because when you're looking at these places that are £200,000 you're in competition with couples, for example. There's a lot of competition at the bottom of the market. 'I don't see how I'll be able to compete with people who are buying for investment or buying with generational wealth or have two incomes and are more appealing. It's also tough that the offers over system comes from personal wealth, so you can't mortgage the money that are offers over. 'I've been looking in the middle, I've been looking around the edges. 'Edinburgh has been my home for a long time, but I struggle to see how it will be somewhere to be permanent. Even if I can scrape together enough to buy a property, none of my friends will be able to and a lot of people who I know are leaving for the north of England and other places. 'There's a desertification of my community. I don't think I know anybody else who has long-terms plans to stay in the city. It's amazing how much more you get elsewhere. Even in London, I know people who are doing this same process there and it's unparable, it's only marginally harder. 'It's very clear I could have a much more stable and higher quality of life elsewhere.' Mark, too, has faced the harsh realities of life as a renter. 'I've moved house four or five times because they've hit us with a 20 or 30% rent increase,' he says. 'I was evicted one time illegally by my landlord just moving in and putting my stuff out on the stairs. The place I'm in at the minute feels pretty good. But you never know, do you? It's big trouble because you have a months' notice to leave; when have you ever found a place within a month?' He adds: 'I think we are sleeping on how hard it is and sleeping on what's going to happen when all the young people and culture makers leave. 'I'm from the Lake District, that's where I grew up and there's a complete desertification of young folk, especially since Covid. A lot of it is people who have left the city. There's a fair demographic crisis there now, schools are closing; there's nobody to provide vibrancy and culture. It's definitely bad for us. 'Edinburgh also becomes this Airbnb resort destination and all the people who make it worthwhile and all the people who make it worthwhile and work in these attractions are forced to leave. 'I do the Fringe every year and the Fringe is not actually worth it to be as a performer. What are people going to come and see and do if we economically edge out all these people who are making the culture here. 'For people in my demographic, working class people doing it on their own, I don't see how it could play out.'
Scotsman
20-05-2025
- Business
- Scotsman
Rare Dean Village four-bedroom maisonette riverside property with stunning views from balcony
This is a unique opportunity to purchase this flat at 18 Hawthornbank Lane, on the market for the first time since 1998. With appealing neutral decor, the interior is filled with light, and the home is enviably located within walking distance of the vibrant West End, Stockbridge, and Haymarket train station. The property, which is presented in move-in condition, provides spacious accommodation including a feature spiral staircase, a large dual aspect sitting/ dining room, a private rear courtyard, and a fully fitted kitchen with great riverside views. There is also an impressive master bedroom suite with the benefit of a private balcony, and two further double bedrooms with built-in wardrobes and space for freestanding furniture. The current homeowner, Andrew Scott, said: 'It was my family home for many years and where I grew up, but it's now time to sell it on and I'm hoping it goes to a new owner who will enjoy the location and setting as much as my mum, sister and I did. 'There are very few properties like it. At this time of year you can hear otters in the evening and if you're lucky spot a heron or two.' The flat also has a fourth bedroom/study located on the ground floor, electric central heating and double glazing, and a designated car parking space in the property's communal garage. For viewings, call Connell & Connell on 0131 253 2131 or book an appointment online. 1 . 18 Hawthornbank Lane, Edinburgh This flat at the enchanting property by the Water of Leith -white building with four balconies - is presented in move-in condition and provides spacious accommodation. | Connell & Connell Photo: ESPC Photo Sales 2 . View from the balcony With the property overlooking the Water of Leith, this balcony from the principal bedroom offers great views of the river and Dean Village. | Connell & Connell Photo: ESPC Photo Sales 3 . Across the water The property faces Well Court, a red sandstone building with a clock tower, built in the 1880s, and this flat is ideally located just 10 minutes walk to Stockbridge or the West End. | Connell & Connell Photo: ESPC Photo Sales 4 . Sitting room The large dual aspect sitting dining room with window decorative fire surround. French windows lead to a private rear courtyard. | Connell & Connell Photo: ESPC Photo Sales
The Herald Scotland
15-05-2025
- Business
- The Herald Scotland
Galashiels revealed as Scotland's fastest-moving property hotspot
Two homes – both flats - were responsible for ESPC's fastest property sales transactions so far this year. Each of the homes, located on adjacent streets less than 200m apart, were one-bedroom flats sold for £35,000 and £70,500 respectively. ESPC, which covers Edinburgh, the Lothians, Fife, and the Scottish Borders, said that its research has shown many homes flying off the market in a matter of days. It said that across its area 24 properties had sold within the space of just four days, with Edinburgh led the way with eight lightning-fast sales. Galashiels saw two flats sold within 24 hours (Image: HELEN BARRINGTON) This is followed closely by the Borders and East Lothian, each recording six, and Midlothian with four. These estate agent said that the figures show that while the capital remains a hub of market activity, demand for homes in surrounding areas remains strong, particularly for buyers looking for space, lifestyle change or better affordability. Galashiels, which the main town in the Borders, is known for its rural charm and quiet streets. The town is home to the 'Braw Lads Gathering' each year, where riders take to horseback to commemorate the establishment of the Burgh Charter. A former centre for textile production, many of its former industrial buildings have been repurposed. It is the area's centre for retail, with Marks and Spencer, next and Matalan present on its business park. READ MORE: 'Prominent' city office and studio building put up for sale Guest house with 'panoramic views' of Ben Nevis for sale ESPC said that the quick turnover in traditionally less urbanised areas like the Borders and East Lothian may reflect an ongoing shift in buyer priorities, with people continuing to seek out properties that offer a blend of rural appeal and good transport links. Galashiels lies one hour's drive from Edinburgh of the A7, and is also linked by train and bus services. The homes that sold within this ultra-fast timeframe were fairly evenly split between flats and houses, with 12 flats and 11 houses making the list. One retirement home was also included, highlighting that demand for speedy sales spans a wide range of buyer profiles. ESPC said that the strong showing from flats - particularly in urban locations like Edinburgh - is consistent with a broader return to city living post-pandemic, as lifestyle habits shift back towards offices, cultural activities and amenities. Galashiels, in the Scottish borders (Image: Getty Images/iStockphoto) Meanwhile, houses continue to attract families and professionals seeking extra space and gardens, particularly in East Lothian and Midlothian. The majority of the properties (17 out of 24) were marketed at 'Offers Over,' suggesting that this pricing strategy is still highly effective at driving competition and accelerating sales. Guide Price was used for four of the properties, with Fixed Price and In The Region Of used for the remainder. The average sale price among the 24 properties was £218,025, with individual prices ranging from as low as £35,000 to as high as £415,000. The average percentage of Home Report valuation achieved was 103.70%, with one property achieving 111% of its valuation.
