Hannon Armstrong presents investment pipeline exceeding $6.5 billion
HASI•Hannon Armstrong outlined a 12-month investment pipeline exceeding $6.5 billion, including 44% in behind-the-meter investments and 30% in grid-connected projects. Managed assets totaled $19 billion, and adjusted recurring net investment income was $423 million for the trailing 12 months through the third quarter of 2026.
1. Pipeline and assets
Hannon Armstrong outlined a 12-month investment pipeline exceeding $6.5 billion in its investor presentation. Behind-the-meter investments accounted for 44% of the pipeline, while grid-connected projects represented 30%. Managed assets totaled $19 billion, including an on-balance-sheet portfolio of $9.1 billion.
2. Income and targets
Adjusted recurring net investment income reached $423 million for the trailing 12 months through the third quarter of 2026. Long-term targets include 10% compound annual growth in adjusted earnings per share and a dividend payout ratio of approximately 50%.
