HA SUSTAINABLE INFRA CAP INC Stock Price, News & Analysis

Sunrun (Nasdaq: RUN) and HA Sustainable Infrastructure Capital (NYSE: HASI) closed a joint venture in December 2025 in which HASI will invest up to $500 million over an 18-month period to finance distributed energy assets.

The partnership is expected to ultimately fund >300 megawatts of capacity across more than 40,000 home power plants. HASI’s structured equity monetizes a portion of long-term customer cash flows while letting Sunrun retain significant ownership and flexible senior project debt structuring. The JV will be accounted for as a consolidated entity on Sunrun’s financials. Management says the structure should deliver a more efficient cost of capital and proceeds equal to or better than Sunrun’s traditional financings.

HASI (NYSE: HASI) and KKR (KKR) agreed to add $500 million each—$1 billion total—of new capital to CarbonCount Holdings 1 LLC (CCH1), a co-investment vehicle for U.S. sustainable infrastructure projects.

Combined with existing leverage targets, CCH1’s total investment capacity is expected to reach nearly $5 billion. The vehicle’s investment period is extended to the earlier of end of 2027 or full deployment of commitments.

Background: CCH1 launched May 2024 with $1 billion initial commitments from each partner, issued $592 million of 20-year senior notes in June 2025, and has closed nearly $3 billion of commitments through November 2025.

HA Sustainable Infrastructure Capital (NYSE: HASI) priced a registered public offering of $500.0 million aggregate principal amount of 8.000% green junior subordinated notes due 2056 on November 13, 2025, with settlement expected November 20, 2025.

The notes are subordinated and will be guaranteed on a subordinated basis by several Hannon Armstrong affiliates. Estimated net proceeds are approximately $493.3 million after underwriting discounts and offering expenses. The company intends to temporarily repay borrowings under its unsecured revolving credit facility or commercial paper programs and to use cash equal to net proceeds to acquire, invest in, or refinance eligible green projects, including recent disbursements within 12 months and disbursements within two years.

HA Sustainable Infrastructure Capital (NYSE: HASI) reported Q3 2025 adjusted EPS of $0.80 and GAAP EPS $0.61. Adjusted Recurring Net Investment Income was $105 million, up 42% YoY. Managed Assets grew to $15.0 billion (+15% YoY). The company closed ~$1.5 billion of transactions through nine months 2025 and closed a $1.2 billion investment in a 2.6 GW utility-scale renewable project in October. Portfolio yield rose to 8.6% and weighted new-investment yields were >10.5%. Total debt was $5.2 billion and interest expense was $71 million in Q3. Adjusted EPS growth for 2025 is expected around 10% with 8–10% CAGR through 2027.

HA Sustainable Infrastructure Capital (NYSE: HASI) will release its third quarter 2025 results after market close on Thursday, November 6, 2025. A conference call to discuss the results is scheduled for 5:00 p.m. ET the same day.

Investors can access the call by phone at 1-877-407-0890 (toll-free) or +1-201-389-0918 (toll) and should request the “HASI Third Quarter 2025 Results” call. The event will also be available as an audio webcast with slides on the company Investor website, with an on-demand replay posted immediately after the call for a limited time.

HASI (NYSE:HASI), a sustainable infrastructure investor, reported strong Q2 2025 results with GAAP EPS of $0.74 (vs $0.23 in Q2 2024) and Adjusted EPS of $0.60 (vs $0.63 in Q2 2024). The company's Managed Assets grew 13% year-over-year to $14.6 billion, with closed transactions of $894 million YTD.

Key highlights include Adjusted Recurring Net Investment Income of $85 million, up 25% year-over-year, and new asset yields exceeding 10.5%. HASI received an S&P upgrade, issued $1 billion in senior unsecured notes, and repurchased $700 million of bonds. The company reaffirmed its 8-10% compound annual growth guidance for Adjusted EPS through 2027 and declared a $0.42 quarterly dividend.

HASI (NYSE:HASI), a leading sustainable infrastructure investor, has scheduled its second quarter 2025 earnings release for Thursday, August 7, 2025, after market close. The company will host a conference call at 5:00 p.m. Eastern Time to discuss the results.

Investors can access the call by dialing 1-877-407-0890 (toll-free) or +1-201-389-0918 (toll). An audio webcast with slides will be available on HASI's website, with a replay accessible post-event. The company also uses its website as a distribution channel for material company information.

HA Sustainable Infrastructure Capital (NYSE:HASI), a leading sustainable infrastructure investor, has appointed Nitya Gopalakrishnan as Executive Vice President and Chief Operating Officer. Gopalakrishnan brings 25 years of experience from BlackRock, where she most recently served as Head of Technology Platform and COO for BlackRock's SMA platform.

In her new role at HASI, Gopalakrishnan will lead the company's technology, data strategy, and operational strategy to support the scaling of HASI's investment platform and internal infrastructure for continued growth. Her extensive background includes leadership roles focused on business transformation, platform modernization, and systems integration.

HA Sustainable Infrastructure Capital (NYSE:HASI) has announced the pricing terms for its previously announced cash tender offer for two series of notes. The company will purchase up to $400 million of its 3.375% Senior Notes due 2026 and $300 million of its 8.00% Green Senior Unsecured Notes due 2027.

The tender offer includes an Early Tender Premium of $30 per $1,000 principal amount. The Total Tender Offer Consideration was set at $984.94 for the 2026 Notes and $1,044.14 for the 2027 Notes. Due to oversubscription, final proration factors are 78.58% for the 2026 Notes and 73.01% for the 2027 Notes.

The early settlement date is expected to be June 30, 2025. No further tenders will be accepted as the maximum aggregate principal amount has been exceeded.