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April 4, 2013
Energy Financier Hannon Armstrong Seeks $250 Million in IPO
Originally published April 4, 2013, by Andrew Herndon
Bloomberg reports on Hannon Armstrong’s upsized IPO filing in 2013, with the company seeking to raise $250 million, marking what analysts called the largest U.S. clean energy IPO in three years. The article highlights the company’s plan to qualify as a REIT to finance energy efficiency and renewable energy projects, potentially setting a precedent for using REIT structures in the sector.