Hannon Armstrong (HASI) Announces Proposed $300M Share Offering

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Hannon Armstrong Sustainable Infrastructure Capital, Inc. Announces Public Offering of Common Stock

May 23, 2023 4:05 PM EDT

ANNAPOLIS, Md.--(BUSINESS WIRE)-- Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("HASI," "we," "our," or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced that it is commencing a public offering of $300 million of shares of common stock. The Company expects to grant the underwriters a 30-day option to purchase up to $45 million of additional shares of common stock. The Company intends to utilize the net proceeds of this offering for general corporate purposes.

J.P. Morgan, BofA Securities, and Goldman Sachs & Co. LLC are acting as joint book-running... More