HA Sustainable Infrastructure (HASI) and KKR boost $1 billion co-investment for sustainable infrastructure

Rhea-AI Filing Summary

HA Sustainable Infrastructure Capital, Inc. expanded its partnership with KKR by agreeing that each will make an additional capital commitment of $500 million, creating $1 billion of new investment capacity for CarbonCount Holdings 1 LLC. This co-investment vehicle is designed to provide long-term capital solutions for sustainable infrastructure projects across the United States.

The two partners also agreed to extend the investment period to the earlier of the end of 2027 or when all capital commitments have been fully utilized, giving the vehicle more time to deploy this additional funding into qualifying projects.

Insights

Infrastructure finance analyst

HASI and KKR are adding $1 billion of capacity to a U.S. sustainable infrastructure co-investment vehicle.

HA Sustainable Infrastructure Capital, Inc. and KKR each committed an additional $500 million to CarbonCount Holdings 1 LLC, bringing $1 billion of new investment capacity. The vehicle focuses on providing long-term capital to sustainable infrastructure projects across the United States, indicating an intention to scale this investment strategy.

The partners also extended the vehicle’s investment period to the earlier of the end of 2027 or when all commitments are used. This longer window allows more flexibility in originating and closing suitable projects while keeping a clear cap tied to total committed capital. Actual impact will depend on the pace and quality of projects financed within this expanded capacity.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

false 0001561894 0001561894 2025-12-15 2025-12-15

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)

December 15, 2025

HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware		001-35877		46-1347456
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

One Park Place, Suite 200

Annapolis, Maryland 21401

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (410) 571-9860

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.01 par value per share		HASI		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Information.

On December 15, 2025, HA Sustainable Infrastructure Capital, Inc. (the “Company”) announced that the Company and Kohlberg Kravis Roberts & Co. L.P. (“KKR”) have agreed to make an additional capital commitment of $500 million each for a combined total of $1 billion of new investment capacity into CarbonCount Holdings 1 LLC, a co-investment vehicle established by the Company and KKR to provide long-term capital solutions for sustainable infrastructure projects across the United States. In addition to the increased capital commitments, the Company and KKR agreed to extend the investment period to the earlier of the end of 2027 or when all commitments have been utilized.

- 2 -

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				HA SUSTAINABLE INFRASTRUCTURE CAPITAL, INC.
Dated: December 15, 2025				By:		/s/ Steven L. Chuslo
						Steven L. Chuslo
						Executive Vice President and Chief Legal Officer

- 3 -