---
schema_version: "secwatch.filing_event.v1"
accession: "0001561894-26-000003"
form_type: "8-K"
ticker: "HASI"
cik: "0001561894"
company_name: "HA Sustainable Infrastructure Capital, Inc."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T03:01:15.305032+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HASI reports record $4.3B investments, adj EPS $2.70 (+10%), dividend $0.425, 2028 guidance $3.50-3.60

## Summary
- Record $4.3B new investments in 2025, up 87% YoY; managed assets $16.1B (+18%).
- Adj EPS $2.70 (+10% YoY); GAAP EPS $1.41 (vs $1.62 in 2024).
- Adj recurring net investment income $362M (+25% YoY).
- Q1 2026 dividend increased to $0.425/share; payout ratio target <50% by 2028.
- 2028 guidance: adj EPS $3.50-$3.60, adj ROE >17%.

## SEC filing metadata
- accession: 0001561894-26-000003
- form_type: 8-K
- ticker: HASI
- cik: 0001561894
- company_name: HA Sustainable Infrastructure Capital, Inc.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1561894/000156189426000003/0001561894-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1561894/000156189426000003/hasi-20260212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001561894-26-000003
- JSON: https://secwatch.observer/filing/0001561894-26-000003.json
- Plain text: https://secwatch.observer/filing/0001561894-26-000003.txt

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