Hannon Armstrong Sustainable Infrastructure Capital, Inc.

The debt warehouse facility and structured equity investment will support construction of 300 Megawatts of U.S. community solar projects and is Pivot's largest financing agreement to date DENVER , Nov. 21, 2024 /PRNewswire/ -- Pivot Energy ("Pivot"), a leading, national renewable energy provider and independent power producer, announced today two transformational financing arrangements, marking a critical step toward establishing innovative and scalable financing facilities. Pivot has successfully secured a $450 million debt warehouse facility, led by long-time partner, First Citizens Bank, which includes new strategic partner ATLAS SP Partners ("ATLAS"), the warehouse finance and securitized products business majority owned by Apollo funds.» Mehr auf prnewswire.com

The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT fundamentals by suppressing new construction starts due to higher interest rates. My portfolio saw significant movements post-election, with regional banks and energy stocks gaining, while renewables and healthcare REITs faced short-term declines.» Mehr auf seekingalpha.com

HA Sustainable is a strong buy for income investors, offering a growing dividend and diversified revenue from solar, wind, and natural gas investments. Transitioning to a C-corp in 2024 allows HASI to reinvest more earnings and capitalize on growth opportunities, including increased energy demand from data centers. Despite near-term debt risks and potential long-term competition from nuclear power, the Company's historical resilience and growth prospects make it an attractive investment.» Mehr auf seekingalpha.com