ANNAPOLIS, Md., Dec. 15, 2016 /PRNewswire/ -- Hannon Armstrong
Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," or the "Company") (NYSE:
HASI), a leading investor in the efficiency, wind and solar
markets, is pleased to announce that CounterPointe Sustainable Real
Estate LLC ("CSRE") and Hannon
Armstrong will work jointly on Commercial Property Assessed
Clean Energy (C-PACE) opportunities. CSRE is the C-PACE
focused affiliate of CounterPointe Energy
Solutions LLC (CounterPointe) a PACE Program
Administrator responsible for residential and commercial PACE
programs in CA, FL and NJ.
![Hannon Armstrong Investing in the Future of Energy℠](https://mma.prnewswire.com/media/450191/Hannon_Armstrong_Logo.jpg)
"As we've said for the last several years, we believe that
profitably scaling C-PACE requires new approaches and new partners.
We are delighted to be partnering with the experienced team at
CounterPointe, which will allow us
to capture more of the growing C-PACE market," said Hannon Armstrong President & CEO Jeffrey
Eckel. "This strategic alliance will enable us
to expand programmatic C-PACE transactions across the U.S., putting
capital to work in upgrading infrastructure in the built
environment that simultaneously creates jobs and reduces a
building's carbon footprint."
The partnership will combine Hannon
Armstrong's deep experience and relationship base in the
efficiency and renewable energy markets with CounterPointe's PACE relationships and
comprehensive knowledge of commercial real estate finance.
Eric J. Alini, founder and CEO
of CounterPointe, is the Managing
Partner of CSRE. Mr. Alini has extensive experience in
commercial real estate and tax lien asset management.
Previously, Mr. Alini was the founder of CounterPointe Capital Management LLC, a tax
lien asset manager and servicer that managed over $240 million in tax lien assets. He also
was a Managing Director in the Global Structured Finance and
Investment Group of Merrill Lynch with responsibility for the
Principal Finance Group, focusing on $2.5
billion of alternative equity/mezzanine principal
investments and $18 billion of senior
warehouse financings for Merrill Lynch. Mr. Alini previously held a
number of senior commercial real estate positions at Merrill Lynch,
including head of Global CMBS trading and origination, head of CMBS
Principal Transactions and conduits
in the United States, Canada, Europe and Japan as well as the head of Corporate Loan Portfolio Management.
Available in 32 states, plus D.C., the C-PACE financing
structure enables owners of commercial, industrial, and multifamily properties to obtain
low-cost, long-term financing for energy efficiency, water
conservation and renewable energy projects. Real estate
owners can benefit from an
immediate increase in cash flows and building value by reducing
energy costs while financing 100% of the
retrofit.
About Hannon Armstrong
Hannon Armstrong invests in the
energy efficiency, wind and solar markets. The Company focuses 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, MD.
About CounterPointe Energy
Solutions
CounterPointe Energy Solutions provides
turnkey solutions for Property Assessed Clean Energy (PACE)
programs to municipalities, program managers and administrators
through a cutting-edge web-based platform for originating,
underwriting, funding and servicing PACE assessments and
bonds.
Contact: Investor/Media Relations
Phone:
410-571-6189
Email: investors@hannonarmstrong.com
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SOURCE Hannon Armstrong Sustainable Infrastructure Capital,
Inc.