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Ameresco and HA Sustainable Infrastructure Capital spin off new JV

Jim Lane May 5, 2026
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In Massachusetts, Ameresco, Inc. and HA Sustainable Infrastructure Capital, Inc. announced their agreement to spin off Ameresco’s biofuels business into a newly formed joint venture: Neogenyx Fuels.

Neogenyx Fuels will be owned 70% by Ameresco and 30% by HASI. As part of the transaction, Ameresco will contribute its biofuels business, comprising its scaled asset base and proven development and operating capabilities, into the joint venture, and HASI will commit to invest $400 million to support the growth of Neogenyx Fuels. The transaction represents a strategic step to unlock the significant value embedded in Ameresco’s biofuels business, representing a $1.8 billion post-money enterprise value. The agreement has been signed, with closing expected within the quarter.

Categories: fuels

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