HASI

Congratulations to our clients at Ecosystem Investment Partners for completing California’s largest tidal habitat restoration at Lookout Slough in Solano County. We were proud to provide financing for this critical project, which has returned 3,400 acres of vital habitat to its natural state in the Sacramento-San Joaquin Delta. The restoration provides two key benefits: creating habitat for several endangered species (delta smelt, Swainson’s Hawk, giant garter snake) and meaningfully enhancing flood protection for the greater Sacramento area.   This project demonstrates the scale of what we can achieve in terms of lasting ecological and community benefits when public goals and procurement authorities are aligned. Read more about Lookout Slough in SFGATE: https://lnkd.in/g_Uz8jEn

We are proud to join more than 100 global organizations in supporting the Global Renewables Alliance’s new letter urging world leaders to set ambitious, specific, and actionable renewable energy targets in their Nationally Determined Contributions.   Over the next 12 months, political leaders have a crucial opportunity to drive investment and accelerate the energy transition by setting these targets and supporting global goals for energy storage and grid expansion.   Support the letter here: https://lnkd.in/eS9pgzpj Press release: https://lnkd.in/dENsxgJ9

Congratulations to our partners at Clearway Energy Group for having their Daggett Solar + Storage project named one of POWER magazine's Top Renewable Energy Plants of 2024! We're proud to be co-investors in this groundbreaking facility, which highlights the incredible potential of solar and storage technologies to meet California’s energy needs and decarbonization goals.

Emissions accounting systems and standards need to evolve if we are going to continue building a clean energy market that incentivizes the most impactful climate action. That's why we at HASI strongly support the emissions-matching framework advocated by the Emissions First Partnership, a coalition formed in 2022 to ensure such an approach is considered as part of the GHG Protocol Scope 2 guidance revision process. This is a complex subject, and there are differing views on the best solution. Unfortunately, a recent Financial Times article completely missed the mark on this topic.   In response, the team at WattTime.org has set the record straight in a new opinion piece for Latitude Media. ⬇️ As the authors said: "Where we go next matters...it’s hugely important that everyone following this debate has access to accurate, reliable information about what’s really going on here."  

We had a great time touring the Spotsylvania Solar Energy Center in Locust Grove, Virginia, alongside our partners at The AES Corporation and Ceres, Inc. HASI is proud to be an investor in the four solar projects that make up AES' 617 MW Spotsylvania solar farm, the largest solar site east of the Rockies. We appreciated the opportunity to showcase this incredible project to Virginia legislators and discuss how solar development can continue to drive economic growth across the Commonwealth while playing an important role in cost-effectively meeting rising energy demand from both residential and commercial customers.

We’re excited to celebrate HASI's Yingting (Lareina) Wang on being selected as a 2024 Fellow with the Clean Energy Leadership Institute (CELI), a program that prepares early-career to mid-level professionals to effectively serve as clean energy leaders in their fields. This fellowship reflects her dedication to advancing clean energy solutions and commitment to a sustainable future. 🎉We’re proud to support Lareina as she continues to grow and bring new insights to HASI! Learn more about CELI's Fellowship program: https://lnkd.in/eyRZYUtH

Happy American Clean Power Week! We are proud to join the American Clean Power Association (ACP) in celebrating the accelerating deployment of affordable, reliable, and homegrown clean power to the grid, which is powering the U.S. economy and benefitting local communities across America. #ACPW24 #PowerTheEconomy Learn more: https://lnkd.in/gbU2Ah2i

The clean energy industry is boosting the economy, revitalizing American manufacturing, and helping deliver a resilient & strong clean energy future in communities across America. New American Clean Power Association (ACP) data shows that the industry is driving economic growth, with $500 billion of investment and over 100,000 new good-paying manufacturing jobs. Read the full report: https://lnkd.in/eDUQV35R #InvestinginAmerica

“HASI achieved two major milestones in the second quarter of 2024: we inaugurated CCH1, our strategic partnership with KKR, and we received a second investment grade rating and priced our first investment grade bond. With data centers, domestic manufacturing and EVs launching a new era of growth in U.S. electricity demand, and clean energy as a major part of the supply, HASI is now optimally positioned to capitalize on this growth as the preeminent pure play investor in the energy transition.” - Jeffrey Lipson, President and CEO “We continue to see an attractive investment environment with greater than 10.5% yields on new portfolio investments and new cost of debt less than 6.5%. In addition, our investment grade status will enable our largest source of capital to be lower cost, longer term, and more resilient.” - Marc Pangburn, Chief Financial Officer Read the full second quarter 2024 earnings press release: https://lnkd.in/eUCYNuu9

Our partnership with Summit Ridge Energy is sailing ahead, full speed ! ⛵