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Table of Contents
<br />NOTE ABOUT FORWARD -LOOKING STATEMENTS
<br />This Annual Report on Form 10-K ("Form 10-K' or "Report") contains "forward -looking statements" within the meaning of Section 2 1 E of the Securities Exchange Act of
<br />1934, as amended ("the Exchange Act"). All statements, other than statements of historical fact, including statements regarding our strategy, future operations, future financial
<br />position, future revenues, projected costs, prospects, plans, objectives of management, expected market growth and other characterizations of future events or circumstances are
<br />forward -looking statements. These statements are often, but not exclusively, identified by the use of words such as "may," "will," "expect," "believe," "anticipate," "intend,"
<br />"could," "estimate," "target," "project," "predict" or "continue," and similar expressions or variations. These forward -looking statements include, among other things,
<br />statements about:
<br />• our expectations as to the future growth of our business and associated expenses,
<br />• our expectations as to revenue generation,
<br />• the future availability of borrowings under our revolving credit facility and other financing arrangements,
<br />• the expected future growth of the market for energy efficiency and renewable energy solutions,
<br />• our backlog, awarded projects and recurring revenue and the timing of such matters,
<br />• our expectations as to acquisition activity,
<br />• the impact of any restructuring,
<br />• the uses of future earnings,
<br />• the expected energy and cost savings of our projects,
<br />• the expected energy production capacity of our renewable energy plants,
<br />• the impact of the ongoing macroeconomic challenges and global unrest, including supply chain disruptions, and shortage of materials,
<br />• the status of and our expectations related to the subordinated debt raise,
<br />• our expectations related to our agreement with SCE including the impact of any delays,
<br />• the impact of the U.S. Department of Commerce's solar panel import investigation, and
<br />• the impact of regulation, including the Inflation Reduction Act ("IRA")
<br />These forward -looking statements are based on current expectations and assumptions that are subject to risks, uncertainties, and other factors that could cause actual results and
<br />the timing of certain events to differ materially and adversely from the future results expressed or implied by such forward -looking statements. Risks, uncertainties, and factors
<br />that could cause or contribute to such differences include, but are not limited to, those discussed in the section titled "Risk Factors," set forth in Item lA of this Form 10-K and
<br />elsewhere in this Report. The forward -looking statements in this Form 10-K represent our views as of the date of this Report. Subsequent events and developments may cause
<br />our views to change. However, while we may elect to update these forward -looking statements at some point in the future, we have no current intention of doing so and
<br />undertake no obligation to do so except to the extent required by applicable law. You should, therefore, not rely on these forward -looking statements as representing our views
<br />as of any date subsequent to the date of this Form 10-K.
<br />ADDITIONAL NOTES
<br />The terms "Ameresco," "Company," "we," "our," "us," or "ourselves" included in this Report mean Ameresco, Inc. and its consolidated subsidiaries, collectively.
<br />Rounding adjustments applied to individual numbers and percentages shown in this Report may result in these figures differing immaterially from their absolute values.
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