Business Wire·May 7, 2026, 4:02 PM ET

CarbonCount Holdings 1 LLC to Issue $508 Million of 20-Year Fixed Rate Senior Unsecured Notes

HASI & KKR's joint co-investment vehicle, CarbonCount Holdings 1 LLC (CCH1), issued $508 million in senior unsecured notes via a private offering.
The fixed-rate amortizing notes carry a 20-year final maturity & a weighted average coupon of 6.29%.
This issuance represents CCH1's second note offering, following a June 2025 debut with a 6.76% coupon.
Net proceeds are estimated at $503 million after deducting offering expenses, to be used for acquiring or investing in sustainable infrastructure projects.
The offering attracted five new institutional investors & featured spreads improving by over 30 basis points compared to the first issuance.
CCH1 was formed in May 2024 with an initial $2 billion commitment, which was upsized to $3 billion in December 2025.
With this transaction, CCH1's investment capacity has increased to over $4 billion, with expectations to reach nearly $5 billion based on leverage targets.
The investment period is extended to the earlier of the end of 2027 or when all commitments are utilized.
Morgan Stanley & HASI Securities served as Joint Lead Placement Agents for the transaction.
The notes were sold exclusively to qualified purchasers & institutional accredited investors under Securities Act Rule 501 exemptions.