Ameresco’s $140M Shares Public Offering

Wilmer Cutler Pickering Hale and Dorr advised Ameresco, Inc. on the deal.

Ameresco, Inc., a leading clean technology integrator specializing in energy efficiency and renewable energy, announced the underwritten public offering of 3,200,000 shares of its Class A common stock, in which Ameresco issued and sold 2,500,000 shares and certain existing stockholders sold 700,000 shares, at a public offering price of $44.00 per share. The offering priced on March 4, 2021 and closed on March 9, 2021. Ameresco received approximately $104.3 million in net proceeds, after deducting the underwriting discount and estimated offering expenses. Selling stockholders received net proceeds of approximately $29.4 million, after deducting the underwriting discount. BofA Securities, Inc. and Oppenheimer & Co. Inc. acted as representatives of the underwriters for the offering.

The WilmerHale team representing Ameresco consisted of Jason Kropp (Picture), Glenn Pollner, Chip McCorkle, Meghan Muncey and J.P. Mohler with assistance from Thomas Ward, Julie Hogan Rodgers, Laura Schneider and Cynthia Sullivan.

Involved fees earner: Julie Hogan Rodgers – WilmerHale; Jason Kropp – WilmerHale; Chip McCorkle – WilmerHale; J.P. Mohler – WilmerHale; Meghan Muncey – WilmerHale; Glenn Pollner – WilmerHale; Laura Schneider – WilmerHale; Thomas Ward – WilmerHale;

Law Firms: WilmerHale;

Clients: Ameresco, Inc.;

Author: Martina Bellini