HASI and KKR add $1 billion to sustainable infrastructure fund

HA Sustainable Infrastructure Capital Inc. (NYSE: HASI) and KKR announced they will each commit an additional $500 million to CarbonCount Holdings 1 LLC, bringing total new investment capacity to $1 billion.

The expanded commitments are expected to bring CCH1's total investment capacity to nearly $5 billion when combined with existing leverage targets, according to a statement from the companies. The investment period has been extended to the end of 2027 or when all commitments are utilized, whichever comes first.

CCH1 was established in May 2024 as a co-investment vehicle between HASI and KKR, with each firm initially committing $1 billion to invest in clean energy assets across the United States over an 18-month period. In June 2025, the vehicle expanded its capacity through the issuance of $592 million in 20-year fixed rate senior unsecured notes.

Through November 2025, the HASI-KKR strategic partnership has closed nearly $3 billion in investment commitments across six asset classes, after accounting for reinvestment of returned capital.

"CCH1 enables us to efficiently deploy capital into sustainable infrastructure projects that support the energy transition and address the country's rising power demand," said Marc Pangburn, HASI's chief revenue and strategy officer.

Cecilio Velasco, managing director at KKR, stated that expanding the commitment to CCH1 "reflects the strong momentum we are seeing across the strategic partnership and our conviction in the opportunity set ahead."

HASI is an investor in sustainable infrastructure assets with more than $15 billion in managed assets. KKR (NYSE: KKR) is a global investment firm offering alternative asset management and capital markets solutions.

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