Hannon Armstrong Sustainable Infrastructure Capital announced a preferred equity investment in an approximately 1.6 gigawatt (GW) onshore wind and utility-scale solar portfolio developed and managed by Clearway Energy Group, one of the largest developers and operators of clean energy in the United States, with a pipeline of 9 GW of renewable energy through 2022.
The large-scale, diversified and highly contracted renewables portfolio includes 874 megawatts (MW) of onshore wind, 192 MW of utility-scale solar, and 557 MW of utility-scale solar with 395 MW of co-located storage (seven projects in total) located in four states: California, Hawaii, Texas and West Virginia. The partnership combines Hannon Armstrong's expertise in providing long-term investment for climate solutions with the world-class development and asset owner-operator experience of Clearway Energy Group.
Hannon Armstrong will hold a preferred equity interest in a number of holding companies owning the cas
