---
schema_version: "secwatch.filing_event.v1"
accession: "0001561894-23-000093"
form_type: "8-K"
ticker: "HASI"
cik: "0001561894"
company_name: "HA Sustainable Infrastructure Capital, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:11:58.456674+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HASI Q2 GAAP EPS $0.14 vs -$0.21 YoY; affirms 2024 guidance; intends to drop REIT status

## Summary
- GAAP net income of $13.5M ($0.14 diluted EPS) vs $18.4M loss (-$0.21) a year ago; Distributable EPS $0.53 vs $0.60.
- Record first-half investment volume of $815M at yields >8.5%; portfolio yield increased to 7.7%; portfolio grew 26% YoY to $4.9B.
- Reaffirms guidance: 10-13% CAGR distributable EPS growth from 2021 to 2024 (2024 midpoint $2.40); expects 5-8% dividend CAGR.
- Declares Q3 dividend of $0.395 per share (consistent with prior); 4% DRIP discount for Q3.
- Intends to discontinue REIT election in 2024, subject to board approval, to better capture investment opportunities while maintaining strategy and dividend policy.

## SEC filing metadata
- accession: 0001561894-23-000093
- form_type: 8-K
- ticker: HASI
- cik: 0001561894
- company_name: HA Sustainable Infrastructure Capital, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1561894/000156189423000093/0001561894-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1561894/000156189423000093/hasi-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001561894-23-000093
- JSON: https://secwatch.observer/filing/0001561894-23-000093.json
- Plain text: https://secwatch.observer/filing/0001561894-23-000093.txt

## Key facts
- Earnings Releases
  HA Sustainable Infrastructure Capital, Inc. reported the quarter ended June 30, 2023 results: net income $0.14 GAAP diluted EPS QTD, EPS $0.14. Guidance reaffirmed.
  - Period: the quarter ended June 30, 2023
  - Net income: $0.14 GAAP diluted EPS QTD
  - EPS: $0.14
  - Guidance: reaffirmed
  - Result: reported results
  source text: On August 3, 2023, Hannon Armstrong Sustainable Infrastructure Capital, Inc. (the “Company”) issued an earnings release announcing its financial results for the quarter ended June 30, 2023, as well as its Q3 2023 dividend.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1561894/000156189423000093/0001561894-23-000093-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.