FRAMINGHAM, Mass. & NUNAVUT, Canada--(BUSINESS WIRE)--Jul 7, 2025--
Ameresco, Inc. (NYSE: AMRC), a leading energy solutions provider dedicated to helping customers navigate the energy transition, today announced a contract renewal with the Government of Nunavut for an enterprise asset management software subscription paired with professional services.
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The Government of Nunavut has partnered with Ameresco since 2014, leveraging the AssetPlanner ® platform to efficiently manage thousands of assets situated across nearly 2 million square kilometers of Arctic territory. Their geographically dispersed portfolio includes over 1,200 buildings and over 2,500 vehicle and equipment assets. Each asset is managed within AssetPlanner allowing staff to effectively and efficiently manage the expansive portfolio.
Ameresco delivers industry-leading enterprise asset, energy, and facility management solutions as part of its comprehensive portfolio. The company’s proprietary AssetPlanner ® platform, combined with strategic advisory services, enables customers to streamline planning and budgeting, prioritize investment and optimize maintenance and energy costs. As a trusted full-service partner, Ameresco empowers organizations with actionable insights and data-driven decision making to optimize and prioritize portfolio investments.
“Our previously disparate data is captured within a single system, enabling data-informed reporting, analysis, and prioritization,” said Paul Diamond, Director, Facility Management at Government of Nunavut. “This renewal and continued investment in the AssetPlanner system and Ameresco’s advisory services will continue to provide us with critical tools to support the capital planning, tactical maintenance management, and proactive energy management of our vast portfolio.”
The renewed software-as-a-service (SaaS) contract includes a subscription to the AssetPlanner ® software for the territory’s portfolio and professional advisory services including robust virtual and on-site training and support package. Tracking over 3 billion square feet of real estate data, AssetPlanner ® is Ameresco’s signature enterprise asset management platform. Empowering customers with data-driven insights has enabled organizations to optimize operational asset performance, achieve deep energy savings and carbon reduction while reducing the ‘total cost of ownership’.
“We’ve been honored to partner with the Government of Nunavut to help them address their asset management needs to drive operational resilience,” Tim Dettlaff, Senior Vice President, and General Manager, Ameresco. “This renewed engagement will continue to provide their staff with industry-leading tools to manage their vast asset inventory and enable informed decision making to help measure risk, reliability, and resiliency across their expansive portfolio.”
To learn more about complete suite of asset and energy information tools offered by Ameresco's, visit https://www.ameresco.com/asset-planning-software-solutions/.
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 www.ameresco.com.
The announcement of a customer’s contract is not necessarily indicative of the timing or amount of revenue from such contract, of Ameresco’s overall revenue for any particular period or of trends in Ameresco’s overall total backlog.
AssetPlanner® map highlighting the Government of Nunavut’s asset locations across the territory.
NEW YORK (AP) — Stocks wavered on Wall Street Friday to kick off the new year as early gains led by technology stocks failed to hold up.
The S&P 500 rose 0.2% after shifting between small gains and losses throughout the morning. The benchmark index is coming off a gain of more than 16% in 2025.
The Nasdaq composite rose 0.1%. The Dow Jones Industrial Average rose 289 points, or 0.6%, as of 2:32 p.m. Eastern.
Major indexes are closing a mostly tepid, shortened holiday week. Markets were closed Thursday for New Year’s Day.
Markets in Europe and Asia made strong gains. Indexes in Britain and South Korea hit records.
Technology stocks were steering the market, especially companies with a focus on artificial intelligence, continuing the trend that pushed the broader market to records in 2025.
Nvidia jumped 1.4% and was the biggest force trying to push the market higher. Broadcom rose 0.4%. But a 0.7% drop from Apple and a 2.4% fall for Microsoft helped to counter those gains.
Those technology companies are among the most valuable companies in the world and their outsized valuations give them more influence on the market's direction. That includes sometimes pushing the market up and down from hour to hour.
Technology companies have been a major focus because of advancements in artificial intelligence technology and the potential for growth within the sector. Wall Street has been betting that demand for computer chips and other items needed for data centers will help justify the big investments from technology companies and their pricey stock values.
Tesla fell 2.6% after reporting falling sales for a second year in a row.
Furniture gained ground following President Donald Trump's move to delay increased tariffs on upholstered furniture. RH rose 9.5% and Wayfair rose 6.3%.
E-commerce giant Alibaba climbed 4.3% and Baidu, maker of the Ernie chatbot, jumped 9.4% in Hong Kong after it said it plans to spin off its AI computer chip unit Kunlunxin, which would list shares in Hong Kong early in 2027. The plan is subject to regulatory approvals.
Crude oil prices were mostly stable. Prices for U.S. crude oil fell 0.1% to $57.38 per barrel. The price of Brent crude, the international standard, fell 0.1% to $60.77 per barrel.
The price of gold fell 0.2%.
Treasury yields held steady in the bond market. The yield on the 10-year Treasury rose to 4.19% from 4.17% late Wednesday. The yield on the two-year Treasury, which moves more closely with expectations for what the Federal Reserve will do, held at 3.48% from late Wednesday.
Wall Street will move past the mostly quiet holiday season after Friday. The first full week of the new year will include several closely watched economic updates. They will also be some of the last big updates the Fed sees before its next meeting at the end of January.
Next week will feature private reports on the status of the services sector, which is the largest part of the U.S. economy, along with consumer sentiment. Government reports on the job market will also be released. They will all help paint a clearer picture of how various parts of the U.S. economy closed out 2025 and where it might be headed in 2026.
The Fed has had a more difficult task because of the complex shifts within the economy. It cut interest rates three times toward the end of 2025, partly to help counter a weakening jobs market. But inflation remains above its target rate of 2% and cutting interest rates could add more fuel to rising prices. Consumers have already expressed more caution amid the squeeze from stubborn inflation and the U.S. trade war with much of the world has added more uncertainty.
The Fed has already signaled concern and caution. Wall Street is betting that the central bank will hold its benchmark interest rate steady at its January meeting.
AP Business Writer Elaine Kurtenbach contributed to this report.
Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Specialists Patrick King, left, and Douglas Johnson work on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Trader Vincent Napolitano, foreground, works with colleagues on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Trader Fred Demarco works on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
Trader Michael Capolino works on the floor of the New York Stock Exchange, Friday, Jan. 2, 2026. (AP Photo/Richard Drew)
A screen shows the Korea Composite Stock Price Index (KOSPI) as participants applaud during the opening ceremony of the 2026 trading year at the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
Dancers in traditional costumes perform to celebrate the opening for the 2026 trading year outside of the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
A worker walks near a screen showing the Korea Composite Stock Price Index (KOSPI) after the opening ceremony of the 2026 trading year at the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
South Korean financial officers celebrate the opening for the 2026 trading year outside of the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
Dancers in a bull-shaped costume perform to celebrate the opening for the 2026 trading year outside of the Korea Exchange in Seoul, South Korea, Friday, Jan. 2, 2026. (AP Photo/Lee Jin-man)
