HA Sustainable Infrastructure Capital Inc

For the period ended Dec 31, 2024. Filed Feb 14, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 14, 2025

HASI$39.14+0.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)

	Years Ended December 31,
	2024	2023	2022
Revenue
Interest income	$263,792	$207,794	$134,656
Rental income	2,095	21,251	26,245
Gain on sale of assets	80,341	68,637	57,187
Securitization asset income	26,054	19,259	17,905
Other income	11,313	2,930	3,744
Total revenue	383,595	319,871	239,737
Expenses
Interest expense	242,364	171,008	115,559
Provision for loss on receivables and securitization assets	1,059	11,832	12,798
Compensation and benefits	81,319	64,344	63,445
General and administrative	32,905	31,283	29,934
Total expenses	357,647	278,467	221,736
Income before equity method investments	25,948	41,404	18,001
Income (loss) from equity method investments	247,878	140,974	31,291
Income (loss) before income taxes	273,826	182,378	49,292
Income tax benefit (expense)	(70,198)	(31,621)	(7,381)
Net income (loss)	203,628	150,757	41,911
Net income (loss) attributable to non-controlling interest holders	3,591	1,921	409
Net income (loss) attributable to controlling stockholders	$200,037	$148,836	$41,502
Basic earnings (loss) per common share	$1.72	$1.45	$0.47
Diluted earnings (loss) per common share	$1.62	$1.42	$0.47
Weighted average common shares outstanding—basic	115,548,087	101,844,551	87,500,799
Weighted average common shares outstanding—diluted	130,501,006	109,467,554	90,609,329

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ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.