HA Sustainable Infrastructure Capital completes $700 million tender offer for senior notes

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI), a $3.2 billion market cap company with strong liquidity metrics, announced that its indirect subsidiaries completed cash tender offers for portions of their outstanding senior notes. According to a press release statement included in a Form 8-K filed with the Securities and Exchange Commission, the tender offers expired on Monday. InvestingPro data shows the company maintains a healthy current ratio of 4.4, indicating robust ability to meet short-term obligations.

The company reported that its subsidiaries, HAT Holdings I LLC and HAT Holdings II LLC, accepted for purchase $400 million in aggregate principal amount of their 3.375% Senior Notes due 2026 and $300 million in aggregate principal amount of their 8.00% Green Senior Unsecured Notes due 2027. The notes accepted in the tender offers have been cancelled.

Additional information regarding the pricing, early results, and upsizing of the tender offers was previously disclosed in a Form 8-K filed on June 27, 2025.

HA Sustainable Infrastructure Capital, Inc. is incorporated in Delaware and is headquartered in Annapolis, Maryland. The company’s common stock trades on the New York Stock Exchange under the symbol HASI.

All information is based on a press release statement contained in the company’s SEC filing.

In other recent news, HA Sustainable Infrastructure Capital, Inc. announced the pricing of $1 billion in green senior unsecured notes. The offering includes $600 million in notes due 2031 and $400 million due 2035, with the proceeds intended for cash tender offers and to support green projects. The company aims to use these funds to acquire, invest in, or refinance eligible green projects, aligning with its focus on sustainable infrastructure. Additionally, HA Sustainable Infrastructure’s subsidiaries launched a $500 million tender offer for outstanding notes, prioritizing the 2026 notes over the 2027 ones. In another development, Oppenheimer reiterated its Outperform rating for Hannon Armstrong following an S&P upgrade to BBB-, highlighting the company’s improved credit profile. Furthermore, HA Sustainable Infrastructure appointed Nitya Gopalakrishnan as the new Chief Operating Officer, bringing her extensive experience from BlackRock (NYSE:BLK). Lastly, Hannon Armstrong extended its co-investment partnership with KKR, expanding the investment capacity to $2.6 billion.

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