NYSE:HASIDiversified Financial
Why HA Sustainable Infrastructure Capital (HASI) Is Up 7.1% After $400 Million Neogenyx Fuels Bet And What's Next
In early May 2026, Ameresco, Inc. and HA Sustainable Infrastructure Capital, Inc. agreed to spin off Ameresco’s biofuels business into Neogenyx Fuels, a new joint venture valued at US$1.80 billion, with Ameresco holding 70% and HA Sustainable Infrastructure Capital committing US$400 million for a 30% stake.
This deal gives HA Sustainable Infrastructure Capital a US$400 million entry point into advanced biofuels while providing Ameresco with fresh capital for growth, working capital, and...