Ameresco, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Business Acquisitions and Related Transactions (Tables)

Business Acquisitions and Related Transactions (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Purchase Price Allocation by Acquisitions

A summary of the cumulative consideration paid and the allocation of the purchase price of all of the acquisitions in each respective year is as follows:



	2016		2015		2014
Accounts receivable	—		—		1,432
Costs and estimated earnings in excess of billings	—		—		186
Prepaid expenses and other current assets	263		—		295
Property and equipment and project assets	12,815		—		123
Goodwill	—		—		7,590
Intangible assets⁽¹⁾	—		—		7,208
Accounts payable	—		—		(1,719		)
Accrued liabilities	—		—		(459		)
Billings in excess of cost and estimated earnings	—		—		(752		)
Purchase price	$	13,078	$	—	$	13,904
Total, net of cash received	$	13,078	$	—	$	13,904
Debt assumed	$	9,503	$	—	$	—
Total fair value of consideration	$	3,575	$	—	$	13,904

(1) Intangible assets acquired during 2014 consisted of customer contracts, customer relationships, non-compete agreements and technology and were assigned a weighted average useful life of 8.2 years.