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Hannon Armstrong to offer up to $75M of common shares

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Hannon Armstrong to offer up to $75M of common shares

Hannon ArmstrongSustainable Infrastructure Capital Inc. has entered into two separateat-the-market equity offering sales agreements to sell shares of its common stockfrom time to time.

Hannon Armstrong intends to sell common shares having an aggregateoffering price of up to $75 million. The company intends to use the net proceedsfrom the offering to repay debt and for general corporate purposes, including futureacquisitions.

The agreements were entered into with each of Merrill Lynch PierceFenner & Smith Inc. and FBR Capital Markets & Co., pursuant to which theagents will use commercially reasonable efforts to sell the company's shares.