CarbonCount Holdings 1 LLC to Issue $592 Million of 20-Year Fixed Rate Senior Unsecured Notes

About this update from Ha Sustainable Infrastructure Capital, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":213,"url":"https://media.zenfs.com/en/business-wire.com/7e824e17de3b77fbbbd2763442b27237"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/hfcCfVdK2WVCHNxLWuIWKw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQyNjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/7e824e17de3b77fbbbd2763442b27237","width":480,"height":213}},"lazy":false},{"type":"text","content":"ANNAPOLIS, Md. & NEW YORK, June 09, 2025--(BUSINESS WIRE)--HA Sustainable Infrastructure Capital, Inc. ("HASI") (NYSE: HASI), a leading investor in sustainable infrastructure assets, and KKR, a leading global investment firm, today announced that CarbonCount Holdings 1 LLC ("CCH1"), a co-investment vehicle between HASI and KKR, has agreed to issue $592 million in aggregate principal amount of senior unsecured notes (the "Notes") in a private offering. The fixed-rate amortizing notes will have a 20-year final maturity. The Notes were priced at a weighted average coupon of 6.76%.","length":618,"tagName":"p"},{"type":"text","content":""We are excited to expand the investment capacity of CCH1, enabling both increased investment activity and capital efficiency," said HASI Chief Revenue and Strategy Officer Marc Pangburn. "This transaction further demonstrates our ability to access low-cost capital driven by the low-risk nature of our underlying assets."","length":342,"tagName":"p"},{"type":"text","content":""We created CCH1 to accelerate the build-out of sustainable infrastructure that is necessary to support energy availability, affordability and reliability in the U.S.," said Cecilio Velasco, Managing Director, KKR. "By expanding CCH1’s investment capacity, we are taking a meaningful step forward in meeting this objective and look forward to further strengthening our strategic partnership with HASI."","length":422,"tagName":"p"},{"type":"text","content":"After deducting the estimated offering expenses, the net proceeds from the offering of the Notes are expected to be approximately $586 million. CCH1 intends to utilize the net proceeds to acquire, or invest in, new and/or existing sustainable infrastructure projects, in whole or in part.","length":288,"tagName":"...

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