Hannon Armstrong Sustainable
Infrastructure Capital, Inc. (Annapolis, ML, U.S.), an investor in
sustainable infrastructure, including energy efficiency and renewable
energy, on February 10th, 2017 announced an USD 144 million
investment to acquire over 4,000 acres of land that is leased under
long-term contracts to over 20 individual solar photovoltaic (PV)
projects with investment grade off-takers.
The PV projects have an aggregate capacity of over 690 megawatts direct current (DC).
“We continue to find ways to optimize the capital
stack for our clients' projects, creating economic value for the client
and Hannon Armstrong,” said Hannon Armstrong President and CEO Jeffrey
Eckel.
“The investment in over 20 individual projects in
this transaction supports the continued growth of our very diverse
portfolio of assets.”
Following this transaction, the Company now has
invested approximately USD 375 million in real estate and owns more than
20,000 acres of land that are leased under long-term agreements to over
45 renewable energy projects and has the rights to payments from land
leases for over 50 additional projects. The projects are located in over
15 states.
source: http://www.solarserver.com
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