“Three months ended June 30, Six months ended June 30, 2026 2025 2026 2025 (in thousands) Benefit (expense) included in interest expense due to hedging activities $ 679 $ 873 $ 1,326 $ 1,824 Certain of the projects in which we have equity method investments al…”10-Q · Aug 7, 2026 ↗
HA Sustainable Infrastructure Capital, Inc.
HASI
Market read
HA Sustainable Infrastructure Capital, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
- Interest expense rose with a larger average debt balance and higher average interest rate after Junior Subordinated Notes issuance.
- Benefit (expense) included in interest expense due to hedging activities was $647k for the three months ended March 31, 2026 (vs $951k in 2025).
Invalidation: The isolated read changes if HASI's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- Interest expense rose with a larger average debt balance and higher average interest rate after Junior Subordinated Notes issuance.
- Benefit (expense) included in interest expense due to hedging activities was $647k for the three months ended March 31, 2026 (vs $951k in 2025).
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Credit and interest rates has repeated favorable evidence across 5 filings.
- Net margin changed -6.1 percentage points in the latest annual period.
- Diluted shares increased 5.9% in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 11, 2026
37.38Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for HASI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for HASI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind HASI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AWIArmstrong World Industries, Inc.investeeNov 7, 2025 ▾
“Hannon Armstrong Sustainable Infrastructure, L.P.”
AWIArmstrong World Industries, Inc.partnerMay 8, 2026 ▾
“Supplemental Guarantor Information The Company and each of Hannon Armstrong Sustainable Infrastructure, L.P., Hannon Armstrong Capital, LLC.”
JUNSFiling-linked nameinvesteeFeb 13, 2026 ▾
“Our investment in Jupiter is a preferred investment at the portfolio level whereby cash from other projects can be swept to protect our return, and those other projects continue to operate.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
HASI is currently a Leader in the organic co-movement group Sustainable Infrastructure Finance. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for HASI; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.