Follow-On Offering

Energy
Follow-On Offering

Summary

Baird served as a co-manager on this offering

About

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Hannon Armstrong” or the “Company”) (NYSE: HASI) recently completed a follow-on offering of 5,750,000 shares of common stock at a price of $13.00 per share, generating gross proceeds of approximately $74.8 million. Hannon Armstrong intends to use the net proceeds from the offering to acquire target assets subject to the Company’s investment strategy.

Hannon Armstrong is a specialty finance company that provides debt and equity financing for profitable sustainable infrastructure projects. The Company focuses on projects that increase energy efficiency, provide cleaner energy sources, positively impact the environment or make more efficient use of natural resources. Since 2000, the Company provided or arranged over $4.5 billion of financing in more than 475 sustainable infrastructure transactions. Hannon Armstrong focuses primarily on three types of sustainable infrastructure projects: (i) energy efficiency projects, such as HVAC systems, lighting and energy controls; (ii) clean energy projects, such as solar, wind and geothermal; and (iii) other sustainable infrastructure projects, such as water or communications infrastructure. Hannon Armstrong is headquartered in Annapolis, Maryland.

For additional information about this transaction, please contact:

Greg Ingram (414) 298-7838
Michael Horwitz (415) 627-3284
Jeff Rogatz (202) 303-1823
Brian Sapp (415) 627-3288
Thomas O’Hare (202) 303-1811
Anthony Siu +86 (21) 618 209 80
Energy
Follow-On Offering
Date
April 2014
Company
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Transaction
M&A
Sectors
Energy
Target Location
North America

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