Amerseco, Austin Energy partner to upgrade domain district cooling plant Ameresco has started work on an Energy Savings Performance Contract for Austin Energy’s Domain District Cooling Plant. The $5.2M budget-neutral ESPC project includes the installation of a new chilled water storage system that will help reduce the plant’s peak electricity usage by shifting the chilled water load and associated electric consumption from on-peak to off-peak hours.
Amerseco backs FY15 EPS 16c-24c, consensus 19c Backs FY15 revenue $610M-$640M, consensus $620.07M. Backs FY15 adjusted EBITDA $43M-$48M. Backs FY15 project revenue from contracted backlog $240M. Backs FY15 project revenue from awarded projects and proposals in the range of $20M-$40M. Backs FY15 gross margin of 19%-20%. Backs FY15 operating expenses as a percentage of revenue of 16%-17%. Backs FY15 effective tax rate of 25%.