Mentioned:
The United States Army wants to build more power capacity directly at military bases. And now, they’ve selected Ameresco to negotiate leases for new natural gas and nuclear energy capacity.
What’s happening:
- The United States Army has selected Ameresco (NYSE: AMRC) to negotiate long-term land leases at the Aberdeen Proving Ground and Picatinny Arsenal to build and run power plants
Why it matters:
- Ameresco has publicly stated they are in discussions with the United States Army about deploying natural gas and advanced nuclear generation including both microreactors and small modular reactors
Going deeper:
- The United States Army would contribute land only and keep full ownership of all land being used under the proposed Enhanced Use Lease with Ameresco paying to finance, design, build and operate the power plants
- Ameresco is collaborating with Terrestrial Energy (NASDAQ: IMSR) to deploy Terrestrial Energy’s flagship Integral Molten Salt Reactor in the planned second phase of power deployments at Aberdeen Proving Ground located in Maryland
The intrigue:
- The United States Army has been cutting a flurry of deals with publicly traded companies lately, including conditionally selecting REalloys (NASDAQ: ALOY) to build a rare earth separation facility directly at the Tooele Army Depot located in Utah
The fine print:
- Ameresco and the United States Army have not yet finalized any long-term land leases
