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 4,025,000 shares of common stock for total estimated gross proceeds of approximately $77.6 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, for acquisitions and for general corporate purposes.

Hannon Armstrong provides debt and equity financing to the energy efficiency and renewable energy markets. The Company focuses on providing preferred or senior level capital to established sponsors and high credit quality obligors for assets that generate long-term, recurring and predictable cash flows. 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 and wind; 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
Sandy Walter +1 (414) 298-5118
Energy
Follow-on Offering
Date
November 2016
Company
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Transaction
M&A
Sectors
Energy
Target Location
North America

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