Follow-On Offering

Energy
Follow-On Offering

Summary

Baird served as a joint bookrunner on this offering.

About

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Hannon Armstrong” or the “Company”) (NYSE:HASI) recently completed a follow-on offering of 4,600,000 shares of common stock for total estimated gross proceeds of approximately $94.3 million, including the exercise of the over-allotment option. Hannon Armstrong intends to use the net proceeds from the offering to repay outstanding borrowings under existing credit facilities 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. The Company is headquartered in Annapolis, Maryland.

For additional information about this transaction, please contact:

Jeff Rogatz +1 (202) 303-1823
Matt Kessler +1 (415) 627-3223
Peter Kies +1 (414) 765-7262
Thomas O’Hare +1 (202) 303-1811
Sandy Walter +1 (414) 298-5118
Energy
Follow-On Offering
Date
June 2016
Company
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Transaction
M&A
Sectors
Energy
Target Location
North America

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