WEBULL

How HASI’s Expanded CarbonCount Credit Line and Legal Transition Plan Has Changed Its Investment Story

Simply Wall St · 2d ago
  • HA Sustainable Infrastructure Capital, Inc. recently amended its unsecured CarbonCount®-based revolving credit facility, lifting available commitments by US$100 million to US$1.65 billion and extending its access to flexible funding, while long-serving Executive Vice President and Chief Legal Officer Steven L. Chuslo agreed to shift into a strategic advisory role in 2026.
  • By expanding its credit capacity and arranging for legal leadership continuity through a consulting agreement, the company is reinforcing both its financing options and governance stability as it plans future sustainable infrastructure initiatives.
  • With this expanded revolving credit capacity in place, we’ll examine how the enhanced financial flexibility shapes HA Sustainable Infrastructure Capital’s investment narrative.

These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.

What Is HA Sustainable Infrastructure Capital's Investment Narrative?

To own HA Sustainable Infrastructure Capital, you need to buy into a story of steady, capital-intensive growth in sustainable assets, backed by access to sizeable, flexible funding. The recent US$100 million expansion of its unsecured CarbonCount®-based revolver strengthens near-term funding capacity for new deals, which supports one of the stock’s key catalysts: the ability to keep originating and scaling projects without relying solely on equity markets. At the same time, the uptick in leverage heightens the existing concern that debt is not well covered by operating cash flow and that the dividend is not fully backed by free cash generation. Steven Chuslo’s planned move to a strategic advisory role in 2026, buffered by a consulting agreement and a broad search for his successor, looks more like orderly succession planning than a material risk to the near-term investment case.

But there is a funding risk here that current shareholders should not ignore. HA Sustainable Infrastructure Capital's shares have been on the rise but are still potentially undervalued by 8%. Find out what it's worth.

Exploring Other Perspectives

HASI 1-Year Stock Price Chart
HASI 1-Year Stock Price Chart
Four Simply Wall St Community fair value views span about US$24 to nearly US$40 per share, underscoring how differently people assess HA Sustainable Infrastructure Capital’s funding needs, dividend strain and longer term project pipeline.

Explore 4 other fair value estimates on HA Sustainable Infrastructure Capital - why the stock might be worth as much as 19% more than the current price!

Build Your Own HA Sustainable Infrastructure Capital Narrative

Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.

Looking For Alternative Opportunities?

Our daily scans reveal stocks with breakout potential. Don't miss this chance:

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.