Behind-the-Meter
Overview
HASI invests in behind-the-meter (BTM) building or facility-specific distributed energy projects which reduce energy usage or cost. These include projects that employ solar power generation, electric storage, or energy efficiency improvements such as heating, ventilation, and air conditioning systems (HVAC), lighting, energy controls, roofs, windows, building shells, and/or combined heat and power systems.
Investment Examples
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Community Solar, C&I Solar
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C&I Solar
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C&I Solar
>605 MW
Structured equity investment in a 605 MW portfolio of solar and solar-plus-storage assets spanning seven power markets and 11 states: Arizona, California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Massachusetts, New York, Rhode Island, and Vermont
131 MW
Equity investment in a 131 MW portfolio of distributed solar and solar-plus-storage projects across 10 states (California, Colorado, Illinois, Iowa, Massachusetts, Michigan, New York, Oregon, Texas, and Virginia)
>48 MW
Equity investment in a portfolio of distributed solar and solar-plus-storage projects located across California comprised of 48.5 MW of commercial and industrial ground-mounted, carport, and rooftop solar, including several projects paired with battery storage
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Residential Solar
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Community Solar, C&I Solar
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Energy Efficiency
>$90 million
Financing commitment for a residential solar and storage loan program with a leading residential solar technology and energy services provider
>$90 million
Structured equity investment with ENGIE in a 78 MW distributed generation portfolio of contracted, community and commercial & industrial (C&I) solar projects, including those with co-located storage, located across multiple states
<$30 million
Public-Private Partnership with the local municipality for new boilers, HVAC and LED lighting resulting in $2 million in annual savings
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C&I Solar
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Community Solar
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Microgrid Resiliency
>$50 million
Equity investment in a distributed portfolio of ~200 C&I projects, including high credit quality corporates such as FedEx and Target
$40 Million
Investments in 250 MW of community solar projects across several U.S. markets
$85 Million
Energy resilience project at Marine Corps Recruit Depot included the install of 10 MW microgrid, with two PV arrays and battery storage. Additional upgrades to the water system and boiler plant resulted in annual energy savings of $6 million
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Residential Solar
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Green Real Estate
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Energy Efficiency, Resilience
<$30 million
Portfolio of high credit quality residential leases diversified across geographic and power markets
<$20 million
Joint venture to acquire government-backed securitized housing loans that incentivize energy and water efficiency investments
$12 million
Commercial Property Assessed Clean Energy (C-PACE) financing for a new Tommie Hotel in Hollywood which includes a seismic event resilient foundation, while incorporating green roof elements, LED lighting, and indoor environmental controls
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Energy Efficiency
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Energy Efficiency, Resilience
$6 million
Providing long-term financing for GridPoint’s award-winning Energy Management as a Service (EMaaS) energy efficiency solution for small to mid-sized buildings
$11 million
Commercial Property Assessed Clean Energy (C-PACE) financing for a new Hyatt Centric Hotel in Sacramento, California
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Community Solar, C&I Solar
>605 MW
Structured equity investment in a 605 MW portfolio of solar and solar-plus-storage assets spanning seven power markets and 11 states: Arizona, California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Massachusetts, New York, Rhode Island, and Vermont
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C&I Solar
131 MW
Equity investment in a 131 MW portfolio of distributed solar and solar-plus-storage projects across 10 states (California, Colorado, Illinois, Iowa, Massachusetts, Michigan, New York, Oregon, Texas, and Virginia)
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C&I Solar
>48 MW
Equity investment in a portfolio of distributed solar and solar-plus-storage projects located across California comprised of 48.5 MW of commercial and industrial ground-mounted, carport, and rooftop solar, including several projects paired with battery storage
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Residential Solar
>$90 million
Financing commitment for a residential solar and storage loan program with a leading residential solar technology and energy services provider
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Community Solar, C&I Solar
>$90 million
Structured equity investment with ENGIE in a 78 MW distributed generation portfolio of contracted, community and commercial & industrial (C&I) solar projects, including those with co-located storage, located across multiple states
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Energy Efficiency
<$30 million
Public-Private Partnership with the local municipality for new boilers, HVAC and LED lighting resulting in $2 million in annual savings
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C&I Solar
>$50 million
Equity investment in a distributed portfolio of ~200 C&I projects, including high credit quality corporates such as FedEx and Target
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Community Solar
$40 million
Investments in 250 MW of community solar projects across several U.S. markets
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Microgrid Resiliency
$85 million
Energy resilience project at Marine Corps Recruit Depot included the install of 10 MW microgrid, with two PV arrays and battery storage. Additional upgrades to the water system and boiler plant resulted in annual energy savings of $6 million
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Residential Solar
<$30 million
Portfolio of high credit quality residential leases diversified across geographic and power markets
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Green Real Estate
<$20 million
Joint venture to acquire government-backed securitized housing loans that incentivize energy and water efficiency investments
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Energy Efficiency, Resilience
$12 million
Commercial Property Assessed Clean Energy (C-PACE) financing for a new Tommie Hotel in Hollywood which includes a seismic event resilient foundation, while incorporating green roof elements, LED lighting, and indoor environmental controls
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Energy Efficiency
$6 million
Providing long-term financing for GridPoint’s award-winning Energy Management as a Service (EMaaS) energy efficiency solution for small to mid-sized buildings
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Energy Efficiency, Resilience
$11 million
Commercial Property Assessed Clean Energy (C-PACE) financing for a new Hyatt Centric Hotel in Sacramento, California
For more information, visit the rest of our Markets, including Grid-Connected, and Fuels, Transport & Nature.