HA Sustainable Infrastructure Capital, Inc. (HASI)

In Q1 2025, HASI reported closing over $700 million in transactions, a Q1 record, with a pipeline exceeding $5.5 billion, managed assets increased 12% year-over-year to $14.5 billion, and recurring income rose 14% year-over-year to $79 million, also increasing its revolver capacity by $200 million to $1.55 billion and reaffirming its guidance for 8-10% Adjusted EPS growth through 2027. HASI received a ratings upgrade from S&P Global Ratings in June 2025, marking its third investment-grade rating. In June 2025, the company announced a cash tender offer for up to $500 million of its Senior Notes and Green Senior Unsecured Notes, later upsizing the offer, and priced an offering of $1 billion of Green Senior Unsecured Notes. Nitya Gopalakrishnan was appointed as Chief Operating Officer in July 2025. In Q2 2025, the company reported increased GAAP EPS and Adjusted EPS, with Adjusted Recurring Net Investment Income increasing 25% year-over-year to $85 million, closed transactions year-to-date totaled approximately $894 million, with new asset yields on portfolio investments exceeding 10.5%, managed Assets grew 13% year-over-year to $14.6 billion, and the pipeline increased to over $6 billion, reaffirming its guidance for 8-10% compound annual growth in Adjusted EPS through 2027 and declared a quarterly dividend of $0.42 per share. HASI announced a strategic partnership in October 2025 aimed at expanding its investment in clean energy and decarbonization projects. As of July 5, 2025, the stock had experienced a 4% drop since April, while the S&P 500 climbed 14% over the same period, and as of October 25, 2025, the stock was trading at $28.92, with a 52-week range of $21.98 to $36.56.

Specific details regarding demand seasonality for HA Sustainable Infrastructure Capital, Inc.'s investment products and services are not extensively detailed in the provided search results, but October historically favors a short bias for HASI. The company has experienced increased capital demand from project sponsors driven by a significant expected increase in load growth, and elevated activity in both behind-the-meter and grid-connected business lines. Residential and community solar are becoming more attractive due to rising retail utility rates, and renewable natural gas (RNG) is emerging as a meaningful growth opportunity, indicating a generally strong and growing demand for their capital in the sustainable infrastructure sector.

HA Sustainable Infrastructure Capital, Inc. (HASI) is a climate-positive investment firm providing capital to assets facilitating the energy transition, operating in the Financials sector, specifically in Investment Banking & Investment Services, and recognized as a specialty REIT. The company invests in energy efficiency, renewable energy, and sustainable infrastructure markets, with a portfolio including equity investments, commercial and government receivables, real estate, and debt securities. HASI's investments are diversified across three main market designations: Behind-the-Meter (BTM) projects reduce energy usage or cost through improvements in various systems and include residential and community solar solutions; Grid-Connected (GC) projects deploy cleaner energy sources such as solar, solar-plus-storage, and wind to generate power production; Fuels, Transport & Nature (FTN) encompasses infrastructure assets designed to reduce emissions and/or provide environmental benefits beyond the power grid.

HASI's geographical market presence primarily centers on the United States, where its investments are spread across various states. While the U.S. is its core market, the company also explores opportunities in other developed markets characterized by stable regulatory environments and strong renewable energy policies.

As of October 2023, HA Sustainable Infrastructure Capital, Inc. had a stellar reputation within the REITs industry. The company's consistent focus on sustainable infrastructure investments, strong financial performance, and positive analyst ratings suggest a generally favorable perception, highlighting its role as a leading investor in sustainable infrastructure assets and its commitment to advancing the energy transition.

Institutional investors hold a significant majority of HA Sustainable Infrastructure Capital, Inc. stock, accounting for 96.14% of the total. Major institutional owners include IQ EQ FUND MANAGEMENT IRELAND Ltd, SG Americas Securities LLC, Louisiana State Employees Retirement System, Oregon Public Employees Retirement Fund, Nisa Investment Advisors LLC, Xponance Inc., Values Added Financial LLC, CWM LLC, and Signaturefd LLC.