HASI

HASI has entered into a new structured equity investment JV with Pivot Energy to support the construction of 300 MWdc of distributed generation projects that Pivot is developing across the U.S. The portfolio consists of 96 projects, the majority of which are #communitysolar with the remaining being single off-take PPAs for commercial clients. The projects are expected to be operational within the next two years, located across nine states: California, Colorado, Delaware, Hawaii, Illinois, Maryland, Minnesota, New York, and Virginia. HASI's Senior Managing Director Daniela Shapiro said: “We admire Pivot's strategy and proven success in powering progress for local communities at scale, and we are  are proud to partner with Pivot in this new JV to support their mission to increase equitable access to clean energy and cost savings for local communities." Read the press release: https://lnkd.in/ecDbzwa5 📷: Colorado community solar facility developed by Pivot Energy.

“Our Q3 and 2024 YTD results underscore the resiliency and consistency of our business. We expect to continue to deliver growth in our adjusted earnings and managed assets amidst ongoing volatility in interest rates and uncertainties related to public policy.” - Jeffrey Lipson, President and CEO “Our 2024 Adjusted EPS remains on track to grow in line with our expectations, supported by the onboarding of approximately 10 new clients. Our successful asset rotation initiative where we have replaced lower yielding for higher yielding investments, at a gain, has contributed to a more profitable Portfolio.” - Marc Pangburn, Chief Financial Officer Read the full third quarter 2024 HASI earnings press release: https://lnkd.in/eZanKU6X

HASI has entered into a new strategic investment partnership with Lightsource bp for a 288-megawatt solar portfolio comprised of two utility-scale projects in Texas: 163 MW Starr Solar project located in Starr County, Texas and 125 MW Second Division Solar project located in Brazoria County, Texas. HASI's Senior Managing Director Amanuel (Manny) Haile-Mariam said: "Lightsource bp’s commitment to deliver affordable, lower carbon energy through responsibly developed solar and storage projects aligns perfectly with our mission as a climate positive investor. We are proud to forge a new partnership with Lightsource bp and provide a financing solution to support the completion of these impactful solar projects.” Read the press release: https://lnkd.in/ekRQBTqZ

Join HASI’s Senior Director of Investments Chip Levergood at Georgetown University McDonough School of Business’ 2024 Leadership and Innovation Summit on Friday, Nov. 1, for his panel on critical issues related to financing the energy transition.   For more information: https://bit.ly/4h6kUcH

“HASI is excited to partner with Vision RNG on these two remarkable projects that create low-carbon RNG by capturing methane emissions from landfills. This investment highlights our ability to deploy tailored financing solutions that enable our partners to accelerate the deployment of clean fuels to heat homes and decarbonize the transportation sector.” - AnnMarie Reynolds, HASI Senior Managing Director Press release: https://lnkd.in/eK55kb2N

Congratulations to the REsurety team on the launch of CleanTrade!   This innovative new marketplace will boost transparency and efficiency in clean energy procurement, allowing suppliers, consumers, and investors to make smarter, data-driven decisions that will accelerate the energy transition.

We are honored to be included in Newsweek’s 2025 list of America's Greenest Companies, which highlights the top 500 businesses making a positive impact on the planet while setting the standard for environmentally conscious practices in their respective industries. In the Specialty Finance category, HASI ranked as the top company, receiving a perfect five out of five stars. Plant-A Insights and GIST Impact, in partnership with Newsweek, determined the rankings based on a comprehensive analysis of data from both public and private companies operating in the U.S. Each company was assessed across more than 25 parameters, categorized into four key areas: Greenhouse Gas Emissions, Water Usage, Waste Generation, and Sustainability Data Disclosure & Commitments. The ranking considered only companies that met the European Union's stringent sustainability criteria, widely regarded as the most advanced globally. See the rankings: https://lnkd.in/gpyx5vdY

Congratulations to our clients at Ecosystem Investment Partners for completing California’s largest tidal habitat restoration at Lookout Slough in Solano County. We were proud to provide financing for this critical project, which has returned 3,400 acres of vital habitat to its natural state in the Sacramento-San Joaquin Delta. The restoration provides two key benefits: creating habitat for several endangered species (delta smelt, Swainson’s Hawk, giant garter snake) and meaningfully enhancing flood protection for the greater Sacramento area.   This project demonstrates the scale of what we can achieve in terms of lasting ecological and community benefits when public goals and procurement authorities are aligned. Read more about Lookout Slough in SFGATE: https://lnkd.in/g_Uz8jEn

We are proud to join more than 100 global organizations in supporting the Global Renewables Alliance’s new letter urging world leaders to set ambitious, specific, and actionable renewable energy targets in their Nationally Determined Contributions.   Over the next 12 months, political leaders have a crucial opportunity to drive investment and accelerate the energy transition by setting these targets and supporting global goals for energy storage and grid expansion.   Support the letter here: https://lnkd.in/eS9pgzpj Press release: https://lnkd.in/dENsxgJ9

Congratulations to our partners at Clearway Energy Group for having their Daggett Solar + Storage project named one of POWER magazine's Top Renewable Energy Plants of 2024! We're proud to be co-investors in this groundbreaking facility, which highlights the incredible potential of solar and storage technologies to meet California’s energy needs and decarbonization goals.