debt
confidence high
sentiment neutral
materiality 0.55
HASI launches inaugural Green Junior Subordinated Notes offering due 2056
HA Sustainable Infrastructure Capital, Inc.
- Offering of Green Junior Subordinated Notes due 2056; expected to receive 50% equity credit from rating agencies.
- Proceeds will fund new investments and limit common stock issuances; lowers weighted average cost of capital.
- Notes guaranteed by HASI subsidiaries: Hannon Armstrong Sustainable Infrastructure, L.P., Hannon Armstrong Capital, LLC, HAT Holdings I & II, HAC Holdings I & II.
- Managed Assets $15B as of Sep 30, 2025; 12-month pipeline over $6B.
- Adjusted Recurring Net Investment Income for trailing 12 months ended Sep 30, 2025 was $347M.