Hannon Armstrong (HASI) PT Maintained at $24 at Citi

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HASI Secures Second Investment Grade Credit Rating

May 20, 2024 8:43 AM 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 it secured an investment grade rating of BBB- from Fitch Ratings (Fitch), a globally recognized leader in credit ratings and research. This marks HASI's second investment grade rating from a major credit rating agency. The Company has maintained an investment grade credit rating of Baa3 from Moodys Investors Service since June 2022.

In its report, Fitch stated that HASIs upgrade reflects the Companys enhanced business profile,... More