Reflections On Ameresco IPO

**Update (July 20, 2010)**

Before I left the company, I was offered company stock options at $6/share, but was given no assurance that I would be able to cash it in in the future. I was told that most likely, I would only be able to cash them in if the company ever went public. Of course, I declined the offer. Boy, do I wish I could go back in time. It appears that the ipo price will be somewhere around $14-16/share.

Refer to my list of best online stock brokers to find the one that suits your needs, especially if you would like to purchase a few Ameresco shares on IPO day.

Ameresco, Inc, an alternative energy solutions company, and my former employer recently filed for an Initial Public Offering, valued at about $125 million. The company started back in 2001 and became profitable the very next year. Since then, their revenue increased from some $20 million to over $400 million from 2001 – 2009. It’s an incredible growth and I wish them much more success in the future.

Typically, news like this draws little attention from me, but I took a special notice since less than 4 months ago, I used to work for them. I worked for them for over 6 years and I learned many things and the experience I gained will be useful and practical to me for the rest of my life. I learned about saving energy and recycling, and using compact fluorescent light bulbs and programmable thermostats. I also learned about solar energy use along with other alternative energy applications. It was this company which allowed me to purchase my very first home, and learned about extra allowances for tax deductions to fatten up my paychecks. Working for Ameresco provided me with inspiration I have today to save energy and money at the same time. It’s where I discovered my inspiration for Money Green Life.