Our Investments

Structured equity investment with AES in a 605 MW portfolio of ~200 solar and solar-plus-storage assets spanning seven power markets and 11 states: Arizona, California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Massachusetts, New York, Rhode Island, and Vermont. Read more.

Structured equity investment in Pattern Energy’s SunZia onshore wind project, a large-scale utility wind development designed to deliver power to energy markets across the western U.S. The $1.2b investment supports a 2.6 GW portfolio of contracted onshore wind capacity, backed by off-takers including utilities, energy majors, community electricity providers, and universities.

Structured equity joint venture with Sunrun to finance a nationwide portfolio of residential solar and battery storage assets, supporting deployment of more than 40,000 home power plants. The investment provides up to $500 million over 18 months to monetize a portion of long-term customer cash flows while enabling Sunrun to retain long-term ownership and operational control. The joint venture aims to finance over 300 megawatts of distributed power capacity and deliver a more efficient cost of capital through flexible capital structuring. Read more.

Strategic equity investment with Invenergy in a 2.7 GW portfolio of 10 utility-scale solar, solar-plus-storage, and wind projects across seven states: Arizona, New Mexico, Texas, Arkansas, Indiana, Ohio, and New York. All projects are backed by long-term agreements with investment-grade corporate, utility, and public-sector offtakers. Read more.

Mezzanine loan investment in a Sunrun residential solar lease portfolio located across 20 states, totaling 335 MW across >45,000 separate homeowners.

Structured equity investment with Clearway Energy in a 1.6 GW portfolio of contracted, grid-connected wind, solar, and solar-plus-storage projects, located across four states, with predominantly investment-grade counterparties and a weighted average contract life of 14 years. Read more.

Structured equity investment in a project joint venture with Pivot Energy to support a portfolio of 96 distributed generation projects across nine states: California, Colorado, Delaware, Hawaii, Illinois, Maryland, Minnesota, New York, and Virginia. This partnership leverages innovative financing structures, including direct tax credit sales, to accelerate the deployment of clean energy and increase equitable access to solar power. Read more.

Real estate financing for the land under the 200 MW / 800MWh Condor Energy Storage Project (Condor) in Grand Terrace, San Bernardino County, under a 15-year agreement with Southern California Edison. The site was formerly home to the Highgrove Steam Plant, which operated from 1952 to 2001. Today, Condor provides firming capacity and enhances grid stability as California continues to expand its adoption of renewable energy. Read more.

Senior debt and structured equity investment with a sustainable transportation fleet provider to decarbonize the bus fleets and modernize fleet services through software for multiple major metropolitan school districts.

Structured equity investment with Burnham in the Pasco Resource Recovery Center, a wastewater treatment and reuse facility serving seven industrial food-processing plants in Pasco, Washington. The facility uses anaerobic digestion to treat wastewater and can recycle more than one billion gallons annually, irrigating 1,900 acres of city-owned farmland. It also produces renewable natural gas (RNG) and nutrient-rich soil amendments. The investment, HASI's first in water infrastructure, is supported by a 30-year wastewater treatment agreement with the City of Pasco. Read more.