On June 5th, the fund took on an equity stake of Hannon Armstrong (symbol HASI). The fund paid a per share price of $30.76.
The company (per their website) "dedicated to investments in climate change solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets." The fund is excited to add Hannon Armstrong to the portfolio and expect both a difference and beneficial financial return to be made. The reach within the climate change sphere of the company is impressive.
- The company has a dividend
- The company is still 25% below its share price just a few months ago
- The company is involved in many large influential projects with climate change.
**All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog, kdkfund@gmail.com, or on twitter @kdkfund.
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