Hannon Armstrong issues US$163 million in green bonds to 57-project PV portfolio

October 25, 2017
Facebook
Twitter
LinkedIn
Reddit
Email
The supported PV portfolio is comprised of 57 projects in eight separate states — with the installations representing a combined generation capacity of 1.2GW. Image: Oregon Department of Transportation / Flickr

Investment company Hannon Armstrong has issued US$163.75 million in green bonds to support an extensive portfolio of PV projects located across the US.

The supported PV portfolio is comprised of 57 projects in eight separate states, with the installations representing a combined generation capacity of 1.2GW.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Hannon Armstrong will own the leasing rights to the 57 projects under a number of extended power purchase agreements (PPAs).

California will gain the majority of the funding with the bond issuance, with the state expected to receive US$119 million from the release. New York comes in second with US$18 million, followed by Utah at US$8.3 million.

The next five states are Arizona (US$7.7 million), Minnesota (US$5.3 million), North Carolina (US$3 million), Mississippi (2.1 million) and Massachusetts (US$400,000).

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

November 19, 2025
The US Department of Energy (DOE) will need to invest US$25 billion by 2030 to maintain its position as a leader in the global energy sector.
Premium
November 18, 2025
PV Talk: George Touloupas of Intertek CEA explains how the regulatory environment is ratcheting up for the solar supply chain.
November 17, 2025
US solar module manufacturer First Solar will build a new production facility in the state of South Carolina, which will bring its US nameplate manufacturing capacity to 17.7GW by 2027.
November 14, 2025
Developer rPlus Energies has acquired two solar and storage projects with the total capacity of 900MW in Ada County, Idaho.
November 14, 2025
International solar manufacturer Canadian Solar has posted stable financials in Q3 2025, as its solar module and battery energy storage system (BESS) sales shift.
November 13, 2025
US solar hardware manufacturer Create Energy and Swiss cable producer Stäubli have announced a partnership to produce a new solar connector product.

Upcoming Events

Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Lisbon, Portugal
Solar Media Events
June 16, 2026
Napa, USA