HASI Publishes 2025 Annual Report and 2026 Proxy Statement

HASI releases its 2025 Annual Report and 2026 Proxy Statement. By many measures, 2025 was an outstanding year for HASI, marked by exceptional growth and achievements. We closed a record $4.3 billion in new investments, reflecting volume well above previous years and resulting in an 18% increase in Managed Assets and a corresponding 25% increase in Adjusted Recurring Net Investment Income. The resulting growth in Adjusted Earnings per share was 10% for the second consecutive year, and our strategies related to equity efficiency resulted in an increase in our Adjusted ROE to 13.4%. These results and the resilience of our business model allowed us to extend our guidance for Adjusted Earnings per share to $3.50-$3.60 for fiscal year 2028, and for our 2028 Adjusted ROE to exceed 17%.

For the materials, including our CEO Jeffrey Lipson's annual letter to shareholders, visit https://investors.hasi.com/filings-financials/annual-reports.