---
schema_version: "secwatch.filing_event.v1"
accession: "0001561894-25-000120"
form_type: "8-K"
ticker: "HASI"
cik: "0001561894"
company_name: "HA Sustainable Infrastructure Capital, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:41:02.249437+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HASI Q3 adj. EPS $0.80 record; closes $1.2B renewable project

## Summary
- GAAP EPS $0.61 vs ($0.17) YoY; adjusted EPS $0.80 vs $0.52 YoY.
- Adjusted recurring net investment income $105M, up 42% YoY; managed assets $15.0B (+15% YoY).
- Closed $1.2B investment in 2.6 GW utility-scale renewable project in October.
- FY 2025 adj. EPS growth ~10% expected; 8-10% CAGR through 2027 reaffirmed (~$3.15 midpoint).
- Debt-to-equity 1.9x (target 1.5-2.0x); total liquidity $1.1B.

## SEC filing metadata
- accession: 0001561894-25-000120
- form_type: 8-K
- ticker: HASI
- cik: 0001561894
- company_name: HA Sustainable Infrastructure Capital, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1561894/000156189425000120/0001561894-25-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1561894/000156189425000120/hasi-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001561894-25-000120
- JSON: https://secwatch.observer/filing/0001561894-25-000120.json
- Plain text: https://secwatch.observer/filing/0001561894-25-000120.txt

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