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PRINCIPAL FINANCIAL OFFICER CERTIFICATION <br />I, Spencer Doran Hole, certify that: <br />Exhibit 31.2 <br />1. I have reviewed this Annual Report on Form 10-K of Ameresco, Inc. (the "Registrant"); <br />2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in <br />light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; <br />3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, <br />results of operations and cash flows of the Registrant as of, and for, the periods presented in this report; <br />4. The Registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules <br />13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(t)) for the Registrant and have: <br />(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that <br />material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during <br />the period in which this report is being prepared; <br />(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide <br />reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with <br />generally accepted accounting principles; <br />(c) Evaluated the effectiveness of the Registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the <br />disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and <br />(d) Disclosed in this report any change in the Registrant's internal control over financial reporting that occurred during the Registrant's most recent fiscal quarter <br />(the Registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant's <br />internal control over financial reporting; and <br />The Registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant's <br />auditors and the audit committee of the Registrant's board of directors (or persons performing the equivalent functions): <br />(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to <br />adversely affect the Registrant's ability to record, process, summarize and report financial information; and <br />(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant's internal control over financial <br />reporting. <br />Date: February 29, 2024 /s/ Spencer Doran Hole <br />Spencer Doran Hole <br />Executive Vice President and Chief Financial Officer <br />(Principal Financial Officer) <br />