secwatch.observer — SEC 8-K summary
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Issuer:     HA Sustainable Infrastructure Capital, Inc. (HASI)
CIK:        0001561894
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001561894-25-000058
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HASI Q1 GAAP EPS $0.44 down from $0.98; Adjusted EPS $0.64; reaffirms 8-10% growth through 2027
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- GAAP net income $56.6M vs $123M YoY; revenue $97M down 8%; interest expense $65M.
- Record Q1 investment activity: closed $706M in transactions; pipeline >$5.5B; average yield >10.5%.
- Managed assets grew 12% to $14.5B; recurring income (Adjusted NII + Securitization Income) $79M (+14% YoY).
- Quarterly dividend $0.42/share declared; reaffirms 8-10% Adjusted EPS CAGR through 2027 (midpoint $3.15).
- Leverage 1.9x debt-to-equity; revolver capacity increased $200M to $1.55B; weighted avg interest cost 5.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1561894/000156189425000058/0001561894-25-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1561894/000156189425000058/hasi-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001561894-25-000058

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