HA Sustainable Infrastructure Capital (HASI)

NYSE Market Closed

HA Sustainable Infrastructure Capital, Inc. is an investment company focused on financing assets that support the energy transition and broader sustainable infrastructure market. The company deploys capital into projects that are expected to generate recurring cash flows, typically backed by long-term contracts, established counterparties, or essential infrastructure characteristics. Its strategy gives investors exposure to the buildout of cleaner power, energy efficiency, grid resilience, and other climate-aligned assets without operating those assets directly.

The company, formerly widely known as Hannon Armstrong, works with project developers, asset owners, and corporate or public-sector customers that need capital for infrastructure tied to decarbonisation. Its investments can include interests in renewable energy projects, distributed energy systems, efficiency upgrades, storage, and related infrastructure. Rather than focusing on a single technology, HA Sustainable Infrastructure Capital aims to build a diversified portfolio across the energy transition, balancing yield, risk, and long-term growth potential.

Revenue and earnings are driven by net investment income, equity method income from project interests, gains on asset sales, and recurring fees from asset management activities. The model depends on disciplined underwriting, access to capital markets, and the ability to structure investments that match the cash-flow profile of sustainable infrastructure assets. What distinguishes the company is its role as a specialist capital provider in a sector where large amounts of private investment are needed. It connects institutional capital with real assets that are designed to reduce emissions, improve energy productivity, or modernise critical infrastructure.

38.29 USD
37.90 USD
+0.00 (0.00%)

Last updated

Market Cap
4.89B
P/E
86.32
P/FCF
P/S
107.26
Enterprise Value
10.15B
Sector
Financials
Industry
Investors, Not Elsewhere Classified
Address
ONE PARK PLACE, SUITE 200, ANNAPOLIS, MD, 21401
Market Cap
4.89B
Enterprise Value
10.15B
P/E
86.32
P/B
2
P/S
107.26
EV / EBITDA
-120.57
EV / Sales
222.57
EPS
0.44
Dividend Yield
4.42%
P/FCF
P/CF
22.24
Free Cash Flow
ROE
2.32%
ROA
0.69%
Debt / Equity
2.2
Current Ratio
9.53
Quick Ratio
9.53
Cash
0.31
Avg Volume
1.12M
Fundamentals Snapshot Price
38.29

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 18.79M 17.65M 9.19M 11.8M
Gross profit 18.79M 17.65M 9.19M 11.8M
Operating income -26.89M -4.91M -27.55M -25.67M -22.56M
EBITDA -26.71M -4.73M -27.37M -25.42M -22.4M
Net income -72.6M -51.65M 82.5M 98.45M 56.1M
Basic EPS -0.57 -0.45 0.66 0.8 0.47
Diluted EPS -0.57 -0.38 0.61 0.74 0.44

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 8.2B 8.19B 8.2B 7.6B 7.48B
Total liabilities 5.67B 5.53B 5.52B 5.01B 5.01B
Total equity 2.53B 2.66B 2.69B 2.59B 2.47B
Cash & equivalents 124.5M 110.22M 301.82M 86.51M 67.39M
Current assets 3.81B 3.88B 3.91B 3.43B 3.39B
Current liabilities 400.39M 730.48M 999.57M 648.27M 713.01M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 15.61M 246.67M -121.81M 79.57M -37.12M
Investing cash flow -184.14M -344.84M -126.83M -60.5M -323.67M
Financing cash flow 174.35M -75.3M 463.51M 1.09M 294.28M
Change in cash 5.83M -173.47M 214.88M 20.16M -66.51M
Kind Filing Date Link
edgar index 8-K — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Brenner Teresa View Filing
form 4 Form 4 — Brenner Teresa View Filing
form 4 Form 4 — Reed Kimberly A. View Filing
form 4 Form 4 — Welch Barry Edward View Filing
form 4 Form 4 — Schulte Laura Ann View Filing
form 4 Form 4 — Floyd Nancy C View Filing
form 4 Form 4 — Floyd Nancy C View Filing
form 4 Form 4 — Armbrister Clarence D View Filing
form 4 Form 4 — Armbrister Clarence D View Filing
form 4 Form 4 — Eckel Jeffrey View Filing
form 4 Form 4 — Eckel Jeffrey View Filing
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form 4 Form 4 — OSGOOD STEVEN G View Filing
form 4 Form 4 — OSGOOD STEVEN G View Filing
form 4 Form 4 — ARDISANA LIZABETH A View Filing
form 4 Form 4 — ARDISANA LIZABETH A View Filing
edgar index 3 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 3 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 3 — HA Sustainable Infrastructure Capital, Inc. View Filing
form 3 Form 3 — Shapiro Daniela View Filing
form 3 Form 3 — Haile-Mariam Amanuel View Filing
form 3 Form 3 — Haile-Mariam Amanuel View Filing
form 3 Form 3 — Reynolds Ann Marie View Filing
form 3 Form 3 — Reynolds Ann Marie View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
form 4 Form 4 — Whicher Michelle View Filing
form 4 Form 4 — Whicher Michelle View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
form 4 Form 4 — Pangburn Marc T. View Filing
form 4 Form 4 — Pangburn Marc T. View Filing
edgar index 10-Q — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 8-K — HA Sustainable Infrastructure Capital, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 3 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
form 4 Form 4 — Freer-Greene Christy Ledet View Filing
edgar index SCHEDULE 13G — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index SCHEDULE 13G — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index DEF 14A — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index DEFA14A — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index ARS — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 8-K — HA Sustainable Infrastructure Capital, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G/A — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 10-K/A — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
form 4 Form 4 — Whicher Michelle View Filing
form 4 Form 4 — Whicher Michelle View Filing
form 4 Form 4 — Viral Amin A View Filing
form 4 Form 4 — Viral Amin A View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 4 — HA Sustainable Infrastructure Capital, Inc. View Filing
edgar index 8-K — HA Sustainable Infrastructure Capital, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — HA Sustainable Infrastructure Capital, Inc. View Filing