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Hannon Armstrong Sustainable Infrastructure to offer up to $150M of common stock

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Hannon Armstrong Sustainable Infrastructure to offer up to $150M of common stock

Hannon Armstrong Sustainable Infrastructure Capital Inc. has made sales agreements for an offering of up to $150 million of its common shares that will be sold from time to time under an automatic shelf registration statement.

The company intends to use the net proceeds for the repayment of debt and for general corporate purposes, including acquisitions.

FBR Capital Markets & Co. and Robert W. Baird & Co. Inc. will act as agents or principals for the sales.