HASI

HASI Announces First Quarter 2023 Results and Declares Dividend, Affirms 10-13% Annualized Distributable EPS Growth and 5-8% Dividend Growth Guidance

Retrieved on: 
Thursday, May 4, 2023

Total reconciles to the total of the government receivables and commercial receivables lines of the consolidated balance sheets.

Key Points: 
  • Total reconciles to the total of the government receivables and commercial receivables lines of the consolidated balance sheets.
  • The Company also expects growth of annual dividends per share to be at a compounded annual rate of 5% to 8%.
  • This dividend will be paid on July 12, 2023, to stockholders of record as of July 5, 2023.
  • HASI will host an investor conference call today, Thursday, May 4, 2023, at 5:00 p.m. Eastern Time.

SunPower Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023

Launched unique VPP offering in California: In April, SunPower and OhmConnect announced a new virtual power plant (VPP) offering.

Key Points: 
  • Launched unique VPP offering in California: In April, SunPower and OhmConnect announced a new virtual power plant (VPP) offering.
  • Continued to diversify panel supply: With three new agreements in place, SunPower has secured panel supply to fully address its anticipated 2023 demand and beyond.
  • Historic growth in SunPower Direct: The company grew SunPower Direct bookings by 97% year-over-year and doubled channel revenue quarter-over-quarter.
  • Expanding multifamily coverage: SunPower grew its New Homes multifamily business, surpassing full year 2022 category bookings in the first quarter of 2023.

HASI Announces First Quarter 2023 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, April 18, 2023

Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("HASI," or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced that the Company will release its first quarter 2023 results after market close on Thursday, May 4, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time).

Key Points: 
  • Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("HASI," or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced that the Company will release its first quarter 2023 results after market close on Thursday, May 4, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time).
  • The conference call can be accessed live over the phone by dialing 1-877-407-0890 (Toll-Free) or +1-201-389-0918 (toll).
  • Participants should inform the operator you want to be joined to the HASI call.
  • The conference call will also be accessible as an audio webcast with slides on our website.

ForeFront Power and HASI Expand Equity Investment with New Distributed Solar-Plus-Storage Portfolio Across California

Retrieved on: 
Tuesday, April 18, 2023

SAN FRANCISCO , April 18, 2023 /PRNewswire/ -- ForeFront Power, a leading developer and asset manager of commercial and industrial-scale (C&I) solar energy and battery storage projects, and HASI (NYSE: HASI), a leading investor in climate solutions, have entered into a follow-on equity investment for a portfolio of distributed solar and solar-plus-storage projects located across California.

Key Points: 
  • Portfolio encompasses 48.5 MW-DC of commercial and industrial solar,
    SAN FRANCISCO , April 18, 2023 /PRNewswire/ -- ForeFront Power, a leading developer and asset manager of commercial and industrial-scale (C&I) solar energy and battery storage projects, and HASI (NYSE: HASI), a leading investor in climate solutions, have entered into a follow-on equity investment for a portfolio of distributed solar and solar-plus-storage projects located across California.
  • The transaction, which reached financial close on March 30, 2023, builds upon an initial co-sponsor equity investment for a separate U.S. distributed solar portfolio that HASI made with ForeFront Power in 2022 .
  • "A second chapter of equity investment by HASI enables ForeFront Power to continue its leadership position in developing behind-the-meter solar and energy storage projects for the benefit of our customers," said Michael Smith, CEO of ForeFront Power.
  • "We are excited to expand our relationship with ForeFront Power with this latest investment in a diversified C&I solar portfolio," said Susan Nickey, Chief Client Officer of HASI.

SunPower Secures New $450M Financing Commitment to Meet High Solar Loan Demand

Retrieved on: 
Wednesday, April 12, 2023

The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower.

Key Points: 
  • The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower.
  • We continue to build and strengthen our suite of world-class financing products to meet growing demand.
  • "We are proud to work with financing partners who share our commitment to clean energy and feel confident that we have access to the capacity to meet growing demand with attractive loan financing for years to come."
  • With SunPower Financial, SunPower offers a seamless solution for purchasing solar and other home energy services through a single provider, including design, sales, installation, warranty and financing.

HASI Invests in Bioenergy Devco's Growth of Anaerobic Digestion Facilities

Retrieved on: 
Monday, March 20, 2023

ANNAPOLIS, Md., March 20, 2023 /PRNewswire/ -- Bioenergy Devco, the North American division of BTS Bioenergy, LLC, today announced a $30 million investment by Annapolis-based HASI, (NYSE: HASI), a leading investor in climate solutions. Bioenergy Devco is the global leader in the design, engineering, construction, financing, and operation of anaerobic digestion facilities to recycle organic material and produce renewable natural gas. The financing, secured by Bioenergy Devco's Maryland Bioenergy Center – Jessup facility, which operates in Jessup, Maryland, will support the development of anaerobic digestion facilities across the U.S. to bring sustainable organic waste recycling, reductions in greenhouse gas emissions, and a sustainable energy resource to more communities in North America.

Key Points: 
  • Bioenergy Devco is building anaerobic digestion facilities that recycle organic waste and reduce greenhouse gas emissions across the US.
  • ANNAPOLIS, Md., March 20, 2023 /PRNewswire/ -- Bioenergy Devco , the North American division of BTS Bioenergy, LLC, today announced a $30 million investment by Annapolis-based HASI , (NYSE: HASI), a leading investor in climate solutions.
  • Bioenergy Devco is the global leader in the design, engineering, construction, financing, and operation of anaerobic digestion facilities to recycle organic material and produce renewable natural gas.
  • At Bioenergy Devco facilities, food waste is recycled through anaerobic digestion, a naturally occurring process in which organic materials are broken down­­ by microorganisms in the absence of oxygen.

Hannon Armstrong Adopts 'HASI' Brand Name and Unveils New Logo

Retrieved on: 
Tuesday, March 14, 2023

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI), a leading investor in climate solutions, today announced that it is adopting the brand name "HASI" and introducing a distinct, modernized logo for the company.

Key Points: 
  • Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI), a leading investor in climate solutions, today announced that it is adopting the brand name "HASI" and introducing a distinct, modernized logo for the company.
  • The simplified brand name aligns with the acronym that most employees, clients, and investors already use.
  • In conjunction with the brand update, HASI will continue using its existing tagline: Investing in Climate Solutions®.
  • As we approach our ten-year anniversary as a public company, we believe it's the perfect time to evolve our brand."

Hannon Armstrong Announces Investor Day on March 21

Retrieved on: 
Wednesday, February 22, 2023

Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong" or "HASI") (NYSE: HASI), a leading investor in climate solutions, today announced it will host an Investor Day from 8:30 a.m. to 11:30 a.m. EDT on Tuesday, March 21 in Annapolis, Maryland.

Key Points: 
  • Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong" or "HASI") (NYSE: HASI), a leading investor in climate solutions, today announced it will host an Investor Day from 8:30 a.m. to 11:30 a.m. EDT on Tuesday, March 21 in Annapolis, Maryland.
  • Beginning at 8:30 a.m., investors and other interested parties will be able to access a live video webcast, including the presentation materials, at https://investors.hannonarmstrong.com/ .
  • Registration to access the live webcast is available at the Investor Day Registration Page .
  • A replay will be available after the event.

Hannon Armstrong Announces Leadership Transition

Retrieved on: 
Thursday, February 16, 2023

As part of our planned leadership succession process, the Board of Directors of Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," "HASI," or the "Company") (NYSE: HASI) today announced three key executive appointments, effective March 1, 2023.

Key Points: 
  • As part of our planned leadership succession process, the Board of Directors of Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," "HASI," or the "Company") (NYSE: HASI) today announced three key executive appointments, effective March 1, 2023.
  • "He has cultivated a deep and skilled leadership team to support the company's continued growth.
  • Jeff Lipson has demonstrated exceptional leadership with our company and throughout his career and is dedicated to our company’s mission.
  • "We look forward to her taking on a larger role within the company as part of this organizational transition while continuing to provide leadership to ACP," said Mr. Lipson.

Hannon Armstrong Announces Fourth Quarter and Full Year 2022 Earnings Release Date and Conference Call

Retrieved on: 
Monday, January 30, 2023

The conference call can be accessed live over the phone by dialing 1-877-407-0890 (Toll-Free) or +1-201-389-0918 (toll).

Key Points: 
  • The conference call can be accessed live over the phone by dialing 1-877-407-0890 (Toll-Free) or +1-201-389-0918 (toll).
  • Participants should inform the operator you want to be joined to the Hannon Armstrong call.
  • The conference call will also be accessible as an audio webcast with slides on our website.
  • Financial and other material information regarding Hannon Armstrong is routinely posted on the Company's website and is readily accessible.