Hannon Armstrong Sustainable Infrastructure (HASI)
|Product or Service||Specialty financing for energy efficiency, clean energy, and other sustainable infrastructure projects.|
|Application||Structured finance, investment banking and sustainable investing|
Hannon Armstrong makes debt and equity investments in sustainable infrastructure projects. Their mission is to focus on profitable projects that increase energy efficiency, provide cleaner energy, positively impact the environment or make more efficient use of natural resources. For example, it provides structured financing and investment banking services for energy efficiency, clean energy, and other sustainable infrastructure projects.
|6/2/2014||Hannon Armstrong closes on underwritten public offering of 5,750,000 shares of common stock at $13.00 per share. HASI trades up slightly on large volume, and is up 23% since its IPO in June 2013||Reuters|
|4/24/2014||Hannon Armstrong Sustainable Infrastructure announces offer of 5 million shares of common stock at $13/share. Stock drops 6% on the news, but is up 15% in 12 months.||Reuters article|
*Hypothetical gain from portfolio recommendations from inception. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities contained within this list. Always consult your financial professional before investing.