Business

HASI Announces Second Quarter 2025 Results

ANNAPOLIS, Md., August 07, 2025--HA Sustainable Infrastructure Capital, Inc. ("HASI," "We," "Our" or the "Company") (NYSE: HASI), a leading investor in sustainable infrastructure assets, today reported results for the second quarter of 2025.

articleHa Sustainable Infrastructure Capital, Inc.August 7, 202523/company/hannon-armstrong-sustainable-infrastructure-capital-inc/news/hasi-announces-second-quarter-2025-200500896
HASI Announces Second Quarter 2025 Results

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/3cddd415090ead6589f2c4807ef313f4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ZiRoCSirV12Yd17sNICCbw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQyNjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/3cddd415090ead6589f2c4807ef313f4","width":480,"height":213}},"lazy":false},{"type":"text","content":"ANNAPOLIS, Md., August 07, 2025--(BUSINESS WIRE)--HA Sustainable Infrastructure Capital, Inc. ("HASI," "We," "Our" or the "Company") (NYSE: HASI), a leading investor in sustainable infrastructure assets, today reported results for the second quarter of 2025.","length":298,"tagName":"p"},{"type":"text","content":"Key Highlights","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"GAAP EPS of $0.74, compared with $0.23 in Q2 2024, and Adjusted EPS of $0.60, compared to $0.63 in Q2 2024.","length":107,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP-based Net Investment Income (Loss) was $(3) million in Q2 (as it excludes Income from Equity Method Investments), and Adjusted Recurring Net Investment Income totaled $85 million in Q2, up 25% year-over-year.","length":213,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Closed approximately $894 million in transactions YTD with new asset yields on Portfolio investments >10.5%.","length":111,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Managed Assets grew 13% year-over-year to $14.6 billion as of June 30, 2025, and we increased our pipeline to more than $6 billion.","length":131,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Upgraded by S&P, our third investment grade rating, issued $1 billion of senior unsecured notes at a blended effective yield of 6.3%, and repurchased $700 million of bonds due in 2026 and 2027 and repaid our $200 million convertible notes due in 2025.","length":255,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Reaffirmed guidance for compound annual growth in Adjusted EPS of 8-10% through 2027 relative to the 2023 baseline, and declared quarterly dividend of $0.42 per share.","length":167,"tagName":"p","...

More updates from Ha Sustainable Infrastructure Capital, Inc.

Equity MethodManaged Assetsequity methodGAAPnet incomeAdjusted earningsNet InvestmentHASIInvestments