Ameresco expands to Southwest with acquisition of APS Energy
Ameresco Inc., a Framingham company that designs and installs systems to cut energy and maintenance costs, has acquired APS Energy Services Co. of Arizona as it looks to expand in the Southwest. The seller was Pinnacle West Capital Corp.
APS provides energy efficiency services for institutional customers, including state and local governments, school districts, and universities.
APS will be renamed Ameresco Southwest. Terms of the deal were not disclosed.
With the acquisition, Ameresco adds APS Energy Services’ employees to its current workforce of more than 750.