HASI and Sunrun Close $500 Million Joint Venture Financing Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Source: Newsfilter
- Joint Venture Financing: The joint venture agreement between HASI and Sunrun involves an investment of up to $500 million, expected to finance over 300 megawatts of distributed energy assets across more than 40,000 home power plants, significantly enhancing the sustainability and reliability of home energy systems.
- Optimized Capital Structure: This innovative financing structure allows HASI to monetize a portion of long-term customer cash flows while enabling Sunrun to retain significant long-term ownership, which is anticipated to deliver a more efficient cost of capital and strengthen both companies' competitive positions in the market.
- Deepening Strategic Collaboration: This transaction builds on the long-standing partnership between HASI and Sunrun since 2018, reflecting their shared vision in managing and financing residential energy assets, thereby advancing the development of renewable energy.
- Expanded Market Influence: The joint venture not only enhances Sunrun's financing flexibility but also provides funding sources that are equal to or better than traditional financing arrangements, thereby supporting its continued growth in the home energy market.
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Analyst Views on HASI
Wall Street analysts forecast HASI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HASI is 40.27 USD with a low forecast of 32.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
11 Buy
2 Hold
0 Sell
Strong Buy
Current: 34.620
Low
32.00
Averages
40.27
High
50.00
Current: 34.620
Low
32.00
Averages
40.27
High
50.00
About HASI
HA Sustainable Infrastructure Capital, Inc. is an investor in sustainable infrastructure assets advancing the energy transition. The Company’s investments are diversified across multiple asset classes, including utility-scale solar, onshore wind, and storage; distributed solar and storage; renewable natural gas (RNG), and energy efficiency. It partners with clients to deploy real assets that facilitate the energy transition. The Company invests in a variety of asset classes across its three primary climate solutions markets: Behind the Meter; Grid-Connected; and Fuels, Transport, and Nature. Behind the Meter includes residential solar and storage, community solar and commercial and industrial solar, and energy efficiency. Grid-Connected include utility-scale solar, onshore wind, and battery energy storage systems. Fuels, Transport, and Nature include renewable natural gas, fleet decarbonization, and ecological restoration.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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