Hannon Armstrong: An Energy REIT With Tax Benefits
Hannon Armstrong Sustainable Infrastructure Capital (NYSE: HASI) is a renewable power and energy efficiency investor that stands out through its status as a real estate investment trust (REIT) and its strategy of investing in assets that have a lower risk profile. In recent weeks, however, the company has diversified its portfolio further through partnerships in fast-growing sectors that could grow returns and its dividend over time.
Hannon Armstrong was approved for REIT status in 2012 in a private letter ruling issued by the Internal Revenue Service.
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Source Fool.com
