HASI, KKR establish $2B partnership to invest in climate positive projects

Hannon Armstrong Sustainable Infrastructure Capita (HASI) and KKR (KKR) announced an agreement to establish CarbonCount Holdings 1 to invest up to a combined $2B in climate positive projects across the United States. Per the agreement, signed May 4, 2024, HASI and KKR have each made an initial capital commitment of up to $1 billion to CCH1, to invest up to an aggregate of $2 billion in clean energy assets over the next 18 months. HASI will source the investments for and manage CCH1, remain the interface with its clients, and measure the avoided emissions of all investments in CCH1 using its proprietary CarbonCount scoring tool. These investments will be consistent with HASI’s existing investment strategy which is focused on behind-the-meter, grid-connected, renewable natural gas and transport projects.