Business Wire·Feb 20, 2026, 8:34 AM ET

HASI Prices $400 Million Offering of Green Senior Unsecured Notes

HA Sustainable Infrastructure Capital, Inc. (HASI) priced a $400 million public offering of 6.000% green senior unsecured notes due 2036 on February 19, 2026.
The Notes will be guaranteed by Hannon Armstrong Sustainable Infrastructure, L.P. & six affiliated entities, with settlement expected on March 2, 2026.
Net proceeds are estimated at approximately $395.5 million after deducting underwriting discounts & offering expenses.
HASI intends to use net proceeds to temporarily repay borrowings under its unsecured revolving credit facility or commercial paper programs, or to redeem all or part of its 8.00% Senior Notes due 2027.
Funds will ultimately be used to acquire, invest in, or refinance eligible green projects, including those with disbursements made in the 12 months prior to issuance or within two years following it.
BofA Securities, Inc. & 12 other firms are acting as Joint Book-Running Managers, while KeyBanc Capital Markets Inc. & M&T Securities, Inc. serve as Co-Managers.
The offering was conducted via a prospectus available on the SEC website or through direct contact with the lead underwriters.
HASI manages over $16 billion in assets across utility-scale solar, wind, storage, RNG, & energy efficiency projects.