Hannon Armstrong (HASI) Tops Q2 EPS by 6c, Beats on Revenue; Offers Guidance

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HASI Announces Second Quarter 2024 Results

August 1, 2024 4:05 PM EDT

ANNAPOLIS, Md.--(BUSINESS WIRE)-- HA Sustainable Infrastructure Capital, Inc. ("HASI," "we," "our" or the "Company") (NYSE: HASI), a leading investor in climate solutions, today reported results for the second quarter of 2024.

Key Highlights

New strategic partnership launched with KKR targeting co-investment of $2 billion over 18 months in sustainable infrastructure projects. Second investment grade rating enabled our first investment grade bond issuance$700 million of senior secured notes due 2034 with a coupon of 6.375%. Managed assets increased 21% year-over-year to $13.0 billion and our Portfolio grew 27% year-over-year to $6.2... More