CarbonCount Holdings 1 to Issue $400 Million of 20-Year Fixed Rate Senior Unsecured Notes
Key Highlights
- ➤CCH1 prices $400 million of 20-year senior unsecured notes at 7.09%
- ➤CCH1 total investment capacity rises to nearly $5 billion, including capital recycling
- ➤Net proceeds of approximately $396 million target sustainable infrastructure investments
- ➤CCH1 limits leverage to a 0.5x debt-to-equity ratio
- ➤HASI and KKR each committed $1.5 billion after vehicle’s December 2025 upsizing
Expert Statements
Dan McMahon, Senior Managing Director of Syndications at HASI
“We are excited to announce CCH1’s third issuance of senior notes, which will increase the vehicle’s total investment capacity to nearly $5 billion, including capital recycling, while limiting its leverage to a debt-to-equity ratio of 0.5x”
Dan McMahon, Senior Managing Director of Syndications at HASI
“The issuance not only supports the strong pace of investment activity HASI is generating today but also underscores the high quality of our underlying investments with spreads in line with the prior offering despite recent market volatility.”
Cecilio Velasco, Managing Director on KKR’s Infrastructure team
“This latest issuance underscores the strength of our strategic partnership with HASI and the quality and diversity of the investment portfolio we have built together”
Cecilio Velasco, Managing Director on KKR’s Infrastructure team
“Through CCH1, we are scaling investment in sustainable infrastructure that is not only important to the nation’s future, but also reliable and affordable for the communities and businesses that depend on it.”
CarbonCount Holdings 1 to Issue $400 Million of 20-Year Fixed Rate Senior Unsecured Notes
HA Sustainable Infrastructure Capital, Inc. (“HASI”) (NYSE: HASI), a leading investor in sustainable infrastructure assets, and KKR, a leading global investment firm, today announced that CarbonCount Holdings 1 LLC (“CCH1”), a co-investment vehicle between HASI and KKR, has priced $400 million in aggregate principal amount of senior unsecured notes (the “Notes”) in a private offering. The fixed-rate amortizing Notes will have a 20-year final maturity. The Notes were priced at a weighted-average coupon of 7.09%.
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