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February 8, 2013

Ameresco Purchases Colorado Company

Framingham-based Ameresco Inc. has purchased the assets of Ennovate Corp., a Colorado-based energy services company.

Terms of the deal were not disclosed.

Jeff Schuster, president of Ennovate, will assume the role of vice president of Ameresco's central region office. The Ameresco and Ennovate Colorado offices will be combined at the current Ennovate location in Aurora, Colo.

"Ennovate's industry experience and strong customer commitment closely aligns with Ameresco's," George Sakellaris, president and CEO of Ameresco, said in a statement. "With the additional talent and resources in our Central Region, we not only increase our footprint and penetration in the Rocky Mountain area, but continue to focus on delivering outstanding results and innovative, energy-saving solutions for our customers while welcoming all of those joining us through Ennovate."

The publicly-traded Ameresco has about 950 employees and more than $728 million in annual revenue.

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