A ribbon-cutting ceremony was held this morning for a $10.3 million infrastructure improvement project at Revere High School.

The renovation will bring a series of energy efficiency and infrastructure upgrades to the high school, including high-tech solar and building management improvements, according to a statement. The project is designed to reduce carbon dioxide emission by 2,843 tons each year and is expected to save the city of Revere about $685,982 annually.

Framingham-based Ameresco will manage the project.