Wellington Management Group LLP and affiliates filed an amended Schedule 13G reporting a significant passive stake in HA Sustainable Infrastructure Capital, Inc. They report beneficial ownership of 13,053,214 shares of common stock, representing about 10.3% of the class as of December 31, 2025.
The group reports no sole voting or dispositive power, but shared voting power over up to 9,780,770 shares and shared dispositive power over up to 13,053,214 shares through investment adviser subsidiaries whose clients own the shares of record.
Positive
None.
Negative
None.
Insights
Large passive holder discloses a 10.3% stake, indicating meaningful but non‑controlling influence.
Wellington Management Group LLP and related entities report beneficial ownership of 13,053,214 HA Sustainable Infrastructure Capital common shares, or about 10.3% of the class. They classify the position as held in the ordinary course of business, consistent with a passive investment posture under Schedule 13G.
The filing shows zero sole voting or dispositive power, but shared voting power over up to 9,780,770 shares and shared dispositive power over up to 13,053,214 shares. Actual economic interests reside with Wellington’s advisory clients, each generally below 5% of the class.
The certification explicitly states the securities were not acquired for the purpose of changing or influencing control of the issuer. Future ownership updates, if any, would appear in subsequent beneficial ownership filings rather than through control-related transactions.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 15)
HA Sustainable Infrastructure Capital, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
41068X100
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
41068X100
1
Names of Reporting Persons
Wellington Management Group LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,780,770.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
13,053,214.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
13,053,214.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
10.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
41068X100
1
Names of Reporting Persons
Wellington Group Holdings LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,780,770.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
13,053,214.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
13,053,214.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
10.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
41068X100
1
Names of Reporting Persons
Wellington Investment Advisors Holdings LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,780,770.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
13,053,214.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
13,053,214.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
10.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
41068X100
1
Names of Reporting Persons
Wellington Management Company LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,593,231.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,555,967.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
13,053,214.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.1 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
HA Sustainable Infrastructure Capital, Inc.
(b)
Address of issuer's principal executive offices:
One Park Place, Suite 200, Annapolis MD 21401
Item 2.
(a)
Name of person filing:
Wellington Management Group LLP
Wellington Group Holdings LLP
Wellington Investment Advisors Holdings LLP
Wellington Management Company LLP
(b)
Address or principal business office or, if none, residence:
c/o Wellington Management Company LLP, 280 Congress Street, Boston MA 02210
(c)
Citizenship:
Wellington Management Group LLP - Massachusetts
Wellington Group Holdings LLP - Delaware
Wellington Investment Advisors Holdings LLP - Delaware
Wellington Management Company LLP - Delaware
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
41068X100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See the responses to Item 9 on the attached cover pages.
(b)
Percent of class:
10.32 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
See the responses to Item 6 on the attached cover pages.
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
See the responses to Item 8 on the attached cover pages.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The securities as to which this Schedule is filed are owned of record by clients of one or more investment advisers identified in Item 7 directly or indirectly owned by Wellington Management Group LLP. Those clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities, except as follows:
Not Applicable.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Pursuant to the instructions in Item 7 of Schedule 13G, the following lists the identity and Item 3 classification of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G.
Wellington Group Holdings LLP - HC
Wellington Investment Advisors LLP - HC
Wellington Management Global Holdings, Ltd. - HC
One or more of the following investment advisers (the "Wellington Investment Advisers"):
Wellington Management Company LLP - IA
Wellington Management Canada LLC - IA
Wellington Management Singapore Pte Ltd - IA
Wellington Management Hong Kong Ltd - IA
Wellington Management International Ltd - IA
Wellington Management Japan Pte Ltd - IA
Wellington Management Australia Pty Ltd - IA
The securities as to which this Schedule is filed by Wellington Management Group LLP, as parent holding company of certain holding companies and the Wellington Investment Advisers, are owned of record by clients of the Wellington Investment Advisers. Wellington Investment Advisors Holdings LLP controls directly, or indirectly through Wellington Management Global Holdings, Ltd., the Wellington Investment Advisers. Wellington Investment Advisors Holdings LLP is owned by Wellington Group Holdings LLP. Wellington Group Holdings LLP is owned by Wellington Management Group LLP.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
How much of HA Sustainable Infrastructure Capital (HASI) does Wellington own?
Wellington entities report beneficial ownership of 13,053,214 shares of HA Sustainable Infrastructure Capital common stock, representing about 10.3% of the outstanding class as of December 31, 2025. These shares are held on behalf of Wellington’s advisory clients, not directly by Wellington.
Is Wellington’s stake in HASI an active or passive investment?
The filing characterizes Wellington’s position as a passive investment. The certification states the shares were acquired and are held in the ordinary course of business, not for changing or influencing control of HA Sustainable Infrastructure Capital, consistent with Schedule 13G requirements.
Who actually owns the HA Sustainable Infrastructure Capital shares reported by Wellington?
The securities reported are owned of record by clients of one or more Wellington investment advisers. Wellington Management Group LLP and its holding companies report beneficial ownership because they control the advisers, while clients retain the economic rights to dividends and sale proceeds.
What voting and dispositive powers does Wellington report over HASI shares?
The Wellington entities report no sole voting or dispositive power, but shared voting power over up to 9,780,770 shares and shared dispositive power over up to 13,053,214 shares. These powers are exercised through Wellington’s investment adviser subsidiaries on behalf of their clients.
Why did Wellington file an amended Schedule 13G for HASI?
An amended Schedule 13G updates beneficial ownership information when it changes or reaches reporting thresholds. Here, Wellington and its affiliates disclose their 10.3% beneficial stake in HA Sustainable Infrastructure Capital and confirm the holdings are not intended to influence control of the company.
Which Wellington entities are listed as reporting persons for the HASI stake?
The reporting persons are Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, and Wellington Management Company LLP. These entities sit atop or within the group that controls the investment advisers whose clients hold the HA Sustainable Infrastructure Capital shares.
