HA SUSTAINABLE INFRA CAP INC Stock Price, News & Analysis

Hannon Armstrong Sustainable Infrastructure Capital (HASI) reported robust financial results for 2021, highlighting a 21% increase in distributable EPS to $1.88 from $1.55 in 2020. The company expanded its portfolio by 24% to $3.6 billion and net investment income increased by 52% to $134 million. A 7% increase in Q1 2022 dividends to $0.375 per share was announced. The company also expects a compounded annual growth rate of 10% to 13% in distributable EPS through 2024. Positive ESG initiatives were emphasized, with an estimated 800,000 metric tons of carbon emissions avoided annually.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE: HASI) reported a total distribution of $1.3900 per share for 2021. The distributions include ordinary income of $0.1950 and a return of capital of $1.1950. The distribution record dates were 12/28/2020, 4/5/2021, 7/2/2021, and 10/1/2021, with payment dates following shortly after. Notably, the January 2022 distribution will be classified as a 2022 distribution for tax purposes. Investors should consult tax advisors regarding their distributions.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE: HASI) will release its fourth quarter and full year 2021 results on February 17, 2022, after market close. A conference call is scheduled for 5:00 p.m. ET, accessible via phone or audio webcast on the company's website. Hannon Armstrong, with over $8 billion in managed assets, focuses on climate solutions, providing capital for energy efficiency and renewable energy projects. The company aims to achieve superior risk-adjusted returns through climate-positive investments.

ENGIE North America and Hannon Armstrong have successfully completed their joint 2.3-GW renewable energy portfolio, including 1.8 GW of wind and 0.5 GW of solar projects. This initiative, which involved 13 projects across five states, is expected to power over 500,000 homes. The final project, a 50 MW solar farm in Virginia, marks the completion of construction that supported over 3,500 local jobs. This partnership highlights their commitment to decarbonization and aims to accelerate climate solutions through large-scale energy projects.

Hannon Armstrong Sustainable Infrastructure Capital reported a Q3 2021 GAAP EPS of $(0.04), down from $0.28 in Q3 2020, but a 14% increase in Distributable EPS to $0.41. Net Investment Income rose to $5.3 million from $3.9 million year-over-year. The company closed $1.1 billion in investments in 2021, including over $200 million in residential solar assets in Q3. A dividend of $0.35 per share was declared. The total portfolio grew 45% YOY to $3.2 billion.

Hannon Armstrong is leading a $16 million Series B funding round for REsurety, enhancing its market intelligence and risk management tools in the clean energy sector. Hannon Armstrong contributed significantly to this investment and will gain a board seat. The funding aims to grow REsurety's team by 50% and leverage its new Locational Marginal Emissions (LME) tool, enhancing carbon impact analytics. This collaboration reflects Hannon Armstrong's commitment to utilizing REsurety’s innovative offerings for its sustainable infrastructure investments.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) will announce its third quarter 2021 results on November 4, 2021, after market close, followed by a conference call at 5:00 p.m. ET. Investors can join via phone at 1-844-200-6205 or through a webcast. Hannon Armstrong specializes in climate solutions, managing over $8 billion in assets, focusing on investments in renewable energy and energy efficiency.

Hannon Armstrong Sustainable Infrastructure Capital (NYSE: HASI) has launched a $100 million CarbonCount® Green Commercial Paper Program, the first of its kind in the U.S. This innovative financing initiative allows the company to borrow, repay, and re-borrow funds to invest in projects aimed at reducing carbon emissions. The proceeds will be directed toward Eligible Green Projects such as energy-efficient installations and renewable energy sources. The company emphasizes its commitment to sustainability and transparency in its investment practices.

Hannon Armstrong (NYSE: HASI) reported Q2 2021 financial results, showing significant year-over-year growth. Key highlights include $0.20 GAAP EPS, up from $0.16 in Q2 2020, and $0.57 Distributable EPS, a 42.5% increase from $0.40. The company raised $1 billion in unsecured green bonds at a 3.375% coupon and grew its portfolio by 43% to $3.0 billion. A dividend of $0.35 per share was declared. The company anticipates a 7% to 10% annual growth in distributable earnings per share through 2023.