Posted on
11249
Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Hannon Armstrong”) (NYSE: HASI), a leading investor in climate solutions, today announced the company has exceeded $6 billion in energy efficiency investments from more than 600 individual transactions with leading behind-the-meter energy service companies serving federal, state, local and commercial energy efficiency markets since 2000.
Crossing the milestone $6 billion energy efficiency investment figure corresponds with the 20th anniversary of the creation of the company’s pioneering Hannon Armstrong Multi-Asset Infrastructure Trust (“HannieMae”), the first securitization platform for financing energy efficiency at scale.
“The finance problem we solved 20 years ago addressed how to capture the pricing advantages of financing large energy projects for the benefit of smaller individual investments inherent in behind-the-meter assets like energy efficiency. HannieMae cracked the code for us two decades ago and continues to provide a means for private capital to fund energy efficiency at scale for the federal government in order to save the taxpayers money, reduce carbon emissions, create jobs, and improve the infrastructure and resiliency of the U.S.,” said Hannon Armstrong Chairman and CEO Jeffrey W. Eckel. “We expect the incoming Biden administration will support further expansion and acceleration of one of America’s most successful models for public-private partnerships.”