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 $18.00 per share, generating gross proceeds of approximately $103.5 million. Hannon Armstrong intends to use the net proceeds from the offering to repay outstanding borrowings, acquire target assets and for general corporate purposes.

Hannon Armstrong is a specialty finance company that provides debt for, and makes equity investments in, sustainable infrastructure projects that increase energy efficiency, provide cleaner energy sources, positively impact the environment or make more efficient use of natural resources. 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:

Michael Horwitz +1 (415) 627-3284
Jeff Rogatz +1 (202) 303-1823
Peter Kies +1 (414) 765-7262
Thomas O’Hare +1 (202) 303-1811
Energy
Follow-On Offering
Date
October 2015
Company
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Transaction
M&A
Sectors
Energy
Target Location
North America

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