🔋 Portfolio Insight: Hannon Amstrong (HASI) acquires a stake in a 605 MW solar portfolio across the US, featuring over 200 operational renewable energy projects. This diverse mix predominantly includes community and commercial & industrial solar assets.
🔌 Enhanced with Storage: Impressively, over a third of this portfolio's capacity is paired with battery energy storage, enabling a reliable, 24/7 power supply for customers.
💰 Stable Revenue: The portfolio boasts a robust revenue stream, underpinned by contracts with mainly investment-grade corporate, utility, and municipal off-takers. These agreements have an average remaining life of 16 years, ensuring long-term financial stability.
🤝 Deepening Ties: This acquisition marks a significant step in HASI and AES's six-year collaboration, following HASI's recent investment in a 1.3-GW portfolio of solar and wind projects. This history of successful partnerships underscores the strategic nature of this deal.
🚀 Growth Trajectory: This move is a key part of HASI's ambitious plan to expand its US portfolio by approximately 500 GW over the next 6 years, involving an investment of around $1 trillion. The company’s collaborations with other major US firms like Clearway, ENGIE, and Ameresco are pivotal in driving this growth.
The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
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