Mergers and Acquisitions

ICF Acquires Applied Energy Group from Ameresco, Inc.

Acquisition of energy technology provider expands ICF's utility and state & local government capabilities.

Michael Webb | January 10, 2025

Acquisition of energy technology provider expands ICF's utility and state & local government capabilities.

Divestiture allows Ameresco to focus on core projects, asset and O&M businesses.

ICF (NASDAQ:ICFI), a global consulting and technology services provider, has announced it has acquired Applied Energy Group (AEG), a leading energy technology and advisory services company with over 100 utility management and demand-side energy experts from Ameresco (NYSE:AMRC). AEG provides a suite of integrated technology and advisory solutions to a growing set of electric and gas utilities, state and local governments, and state energy offices nationwide.

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