Ameresco (AMRC) said Thursday it won an engineering service contract for the hydrogen boiler projects of Kimberly-Clark's (KMB) UK operation.
As engineering service provider, Ameresco said it will develop five new dual-fuel hydrogen/natural gas boilers at Kimberly-Clark UK's plants in Cumbria and Kent.
The company said the dual-fuel boilers are expected to start operations in 2027 and cut natural gas consumption in half.
Shares of Ameresco were up over 3% and Kimberly-Clark rose 0.4% in recent premarket activity Thursday.