HASI Closes Strategic Equity Partnership with Invenergy for 2.7 GW Clean Energy Portfolio
HASI sits 41% above its 52-week low of $27.28.
Summary
HASI closed a strategic equity partnership with Invenergy, North America's largest private clean energy developer, to support a 2.7 GW portfolio of solar, solar-plus-storage, and wind projects across seven states. The portfolio includes 10 projects, with over 850 MW already operating and the remainder expected online by Q1 2027. HASI will fund each project as it reaches commercial operation, and all projects have long-term agreements with investment-grade offtakers. This expands HASI's managed assets and strengthens its relationship with a major developer, supporting future earnings growth. The deal follows HASI's strong Q2 results and recent $1B green note offering, indicating continued capital deployment into high-quality infrastructure.
At the time of this announcement, HASI was trading at $38.40 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $4.9B. The 52-week trading range was $27.28 to $44.13. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: BusinessWire.