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ANNAPOLIS - HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI), a dividend-paying infrastructure investor with a notable 6.13% yield and six consecutive years of dividend growth according to InvestingPro, announced Monday the appointment of Nitya Gopalakrishnan as Executive Vice President and Chief Operating Officer.
Gopalakrishnan joins HASI after 25 years at BlackRock, where she most recently served as Head of Technology Platform and Chief Operating Officer for BlackRock’s Separately Managed Accounts platform. Her previous roles at BlackRock focused on business transformation, platform modernization, and systems integration.
In her new position at HASI, Gopalakrishnan will lead the company’s technology, data strategy, and operational strategy as the firm scales its investment platform to support continued growth.
"She brings vast experience leading complex platforms across technology, operations, and business transformations," said Jeffrey A. Lipson, President and Chief Executive Officer of HASI, in a press release statement.
Gopalakrishnan expressed enthusiasm about joining the sustainable infrastructure investor, citing the company’s "mission-driven culture, strong values, and longstanding commitment to innovation" as factors that resonated with her.
HASI describes itself as an investor in sustainable infrastructure assets focused on the energy transition, with more than $14 billion in managed assets across multiple classes including utility-scale solar, onshore wind, storage, distributed solar and storage, renewable natural gas, and energy efficiency.
The company is listed on the New York Stock Exchange under the ticker HASI.
In other recent news, HA Sustainable Infrastructure Capital, Inc. announced the issuance of $1 billion in green senior unsecured notes, comprising $600 million due in 2031 and $400 million due in 2035. The company plans to use the proceeds to fund cash tender offers for its outstanding notes and to refinance eligible green projects. Additionally, HA Sustainable Infrastructure Capital’s subsidiaries launched a $500 million cash tender offer for notes due in 2026 and 2027, with the 2026 notes given higher priority.
In another development, S&P upgraded Hannon Armstrong’s credit rating to BBB-, aligning with ratings from Moody’s and Fitch, which Oppenheimer noted as beneficial for maintaining lower credit spreads. The company also extended its partnership with KKR, enhancing investment capacity to $2.6 billion. Analyst firm BofA Securities raised its price target for Hannon Armstrong to $24, maintaining a Buy rating due to expected revenue growth. The company anticipates a 48% to 57% year-over-year revenue increase for the second quarter of 2025, despite a challenging tariff environment.
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