Wednesday, December 25, 2024 | Baltimore, MD
FOLLOW US:

Annapolis public company looks to move away from real estate label

January 4, 2024

An Annapolis public company is changing its corporate structure to one that will put fewer limits on what it can invest in and how it retains cash. Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE: HASI), which invests in energy efficiency and clean energy transition technologies, changed from a Real Estate Investment Trust (REIT) company to a C-corporation on Jan. 1.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.