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Hannon Armstrong Sustainable enters common stock sales agreement

Hannon Armstrong Sustainable Infrastructure Capital Inc. entered into an at-the-market sales agreement to sell up to $250 million of common stock from time to time.

The company expects to use the net proceeds from the offering for general corporate purposes.

The sales agreement provides for sales agents to receive a service fee of up to 2.0% of the gross sales price of shares sold.

B. Riley FBR Inc., Robert W. Baird & Co. Inc., Merrill Lynch Pierce Fenner & Smith Inc. and Loop Capital Markets LLC are acting as agents under the sale agreement.