As of September 30, 2022 • 3Q22 Earnings Presentation
1) View reconciliation
2) GAAP-based
3) Distributable ROE is calculated using Distributable Earnings for the period and the average of the quarterly ending equity balances for the period.
Quarter End September 30, 2022
For Fiscal Year Ending December 31, 2021
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Hannon Armstrong is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to assets developed by leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $9 billion in managed assets, our goal is to generate attractive risk-adjusted returns from proven technologies that reduce carbon emissions or increase resilience to climate change.
Our investments take many forms, including equity, joint ventures, land ownership, lending, and other financing transactions. In addition to Net Investment Income from our portfolio, we also generate ongoing fees through gain-on-sale securitization transactions, asset management, and other services.
Wind 24%
GC Solar 17%
Residential 32%
Public Sector 7%
C&I 8%
Community 9%
Green Real Estate 2%
Sustainable Infrastructure 2%
Total Investments2
Average Investment2
Weighted Average Life
Source: 3Q22
1) GAAP-based Portfolio, as of 9/30/22
2) Individual investments with outstanding balances > $1m; GAAP-based Portfolio, as of 9/30/22
1) This category includes our assets where based on our credit criteria and performance to date we believe that our risk of not receiving our invested capital remains low.
Metric | Sub-Metric | 3Q21 | 3Q22 | Growth (YOY) |
---|---|---|---|---|
EPS | GAAP | $(0.04) | $0.38 | |
Distributable1 | $0.41 | $0.49 | +20% | |
NII | GAAP-based | $5.3m | $11.4m | |
Distributable1 | $32.0m | $43.4m | +36% | |
Gain on Sale and Fees | $16.2m | $19.2m | ||
Portfolio2 | $3.2b | $3.9b | +22% | |
Managed Assets | $8.2b | $9.4b | ||
Distributable ROE3 | 10.0% | 10.8% | ||
Transactions Closed | $539m | $273m |
As of September 30, 2022 • 3Q22 Earnings Presentation
1) View reconciliation
2) GAAP-based
3) Distributable ROE is calculated using Distributable Earnings for the period and the average of the quarterly ending equity balances for the period.
Hannon Armstrong Sustainable Infrastructure Capital, Inc.
1 Park Place
Suite 200
Annapolis, MD 21401
info@hannonarmstrong.com
AST Financial
6201 15th Avenue
Brooklyn, NY 11219
T: (800) 937-5449 or (718) 921-8124
https://www.astfinancial.com