ANNAPOLIS, Md., May 18, 2015 /PRNewswire/ -- Hannon
Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," "we," "our" or the "Company;"
NYSE: HASI), a leading capital provider to the energy efficiency
and renewable energy markets, today announced the release of its
2nd Annual Sustainability Report Card, which detailed 54
investments with estimated savings of over 340,500 tons of
greenhouse gases ("GHG") annually at an average rate of .39 MT
GHG/$1,000 of investment.
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"If carbon counts and capital is scarce, we believe in
evaluating investments not only for their financial returns, but
also for their impact in reducing GHG. We, therefore, screen each
investment against our sustainability definition: assets that are
neutral to negative on GHG emissions, and consider the amount of
capital necessary to achieve the reduction," said Jeffrey Eckel, President & CEO of
Hannon Armstrong. "In a world
increasingly defined by carbon, we believe reporting this level of
detail on investments will grow in importance to investors."
The GHG savings for each of Hannon
Armstrong's financings are converted into an estimate of
metric tons of CO2 equivalent emissions based upon the project's
location and the corresponding emissions factor data from the U.S.
Government and International Energy Administration. We
estimate that assets financed by Hannon
Armstrong in 2014 will reduce emissions by more than 340,577
metric tons of GHG per year, equivalent to more than 165,000 tons
of coal, and save more than 145 million gallons of water
annually.
In a related event, The Alliance to Save Energy's
CarbonCount™ (the "Alliance"), a system for scoring
the carbon impacts of green bonds, was a recent winner of Bloomberg
New Energy Finance's Finance for Resilience competition.
CarbonCount was built in part using the principles pioneered
by Hannon Armstrong in its
Sustainability Report Cards. Kateri Callahan, Executive
Director of the Alliance, said, "Hannon has led the way on this
methodology and the Alliance intends to build on these efforts so
that the green bond industry has a reliable certification metric on
carbon impact." Hannon Armstrong
intends to pursue a CarbonCount rating from the Alliance on
its future public and privately placed bond issuances.
"Our investment thesis is that superior risk-adjusted returns
will be achieved with a diverse portfolio of assets that sit on the
right side of the climate change issue and thus contributing
to our Sustainable Yield℠advantage," continued
Eckel.
To view a copy of Hannon
Armstrong's 2nd Annual Sustainability Report
Card, please visit: www.hannonarmstrong.com
About Hannon Armstrong
Hannon Armstrong (NYSE: HASI)
provides debt and equity financing to the energy efficiency and
renewable energy markets. We focus on providing preferred or
senior level capital to established sponsors and high credit
quality obligors for assets that generate long-term, recurring and
predictable cash flows. The Company is based in Annapolis, Maryland and elected and qualified
to be taxed as a real estate investment trust (REIT) for federal
income-tax purposes beginning with the taxable year ended
December 31, 2013.
Forward-Looking Statements
Some of the information contained in this press release are
forward-looking statements and within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. When used in this
press release, the words such as "believe," "expect, "anticipate,"
"estimate," "plan," "continue," "intend," "should," "may," or
similar expressions, are intended to identify such forward-looking
statements. Forward-looking statements are subject to significant
risks and uncertainties. Investors are cautioned against placing
undue reliance on such statements. Actual results may differ
materially from those set forth in the forward-looking statements.
Factors that could cause actual results to differ materially from
those described in the forward-looking statements include those
discussed under the caption "Risk Factors" included in the
Company's report on Form 10-K that was filed with the SEC, as well
as in other reports that the Company files with the SEC.
Forward-looking statements are based on beliefs, assumptions
and expectations as of the date of this press release. The Company
disclaims any obligation to publicly release the results of any
revisions to these forward-looking statements reflecting new
estimates, events or circumstances after the date of this press
release.
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
Investor Relations
Inquiries:
Investors@hannonarmstrong.com
410-571-6189
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SOURCE Hannon Armstrong Sustainable Infrastructure Capital,
Inc.