Financial Performance and Guidance - Company reported Q3 2023 Distributable EPS of $0.62 and GAAP EPS of $0.20 [11] - Compounded annual growth rate for Distributable EPS is projected at 10% – 13% from 2021 to 2024 [24] - Distributable Net Investment Income (NII) increased by 35% year-over-year [148] - Guidance remains achievable without incremental equity, new balance sheet investments, or incremental debt [24] Portfolio and Investment Growth - Total portfolio reached $5.5 billion, representing a 41% year-over-year increase [148, 152] - Managed assets grew to $11.5 billion, a 22% increase year-over-year [148] - Closed transactions totaled $973 million in Q3 2023 and $1.8 billion year-to-date [16, 149] - Year-to-date asset yields exceeded 9% with a debt cost of 6.5% [23, 42] Capital and Operational Discipline - Company raised $1.5 billion year-to-date in a challenging market [23] - 88% of total debt is currently fixed or hedged [36] - Total securitization volume reached $6 billion since 2017 [25]
Hannon Armstrong Sustainable Infrastructure Capital(HASI) - 2023 Q3 - Earnings Call Presentation