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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2025
USD ($)
$ / shares
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Summary
compensation
table total for
PEO-Eckel
($)(1)
Summary
compensation
table total for
PEO-Lipson
($)(1)
Compensation
actually paid to
PEO - Eckel
($)(1, 2, 3)
Compensation
actually paid to
PEO - Lipson
($)(1, 2, 3)
Average summary
compensation
table total for non-
PEO NEOs
($)(1)
Average
compensation
actually paid to
non-PEO NEOs
($)(1, 2, 3)
Value of initial fixed $100
investment based on(4):
YearTotal
shareholder
return
Peer group
total
shareholder
return
Net Income
(thousand $)
Adjusted
Earnings
per share
($)(5)
2025
— 
9,566,821 
— 
12,625,035 
2,791,664 
3,323,804 
63.31 42.39 188,236 2.70 
2024— 8,399,696 — 8,370,640 2,826,125 2,525,973 105.61 81.19 203,628 2.45 
20236,128,712 8,249,497 5,078,289 7,396,209 2,806,776 2,518,529 102.54 110.77 150,757 2.23 
20228,013,744 — (977,130)— 2,705,951 713,079 100.75 100.69 41,911 2.08 
20219,241,605 — 4,411,821 — 2,953,807 2,040,073 176.97 134.1 127,346 1.88 
       
Company Selected Measure Name Adjusted EPS        
Named Executive Officers, Footnote Mr. Eckel was our PEO for 2022 and 2021. Mr. Eckel and Mr. Lipson each served as our CEO for part of 2023. Mr. Lipson was our PEO for 2024 and 2025. The individuals comprising the Non-PEO NEOs for each year presented are listed below.
2021202220232024
2025
Jeffrey A. LipsonJeffrey A. LipsonMarc T. PangburnMarc T. Pangburn
Charles W. Melko
J. Brendan HerronSusan D. NickeySusan D. NickeyJeffrey W. EckelMarc T. Pangburn
Steven L. ChusloMarc T. PangburnNathaniel J. RoseSusan D. Nickey
Steven L. Chuslo
Daniel K. McMahonNathaniel J. RoseRichard R. SantoroskiNathaniel J. Rose
Nitya Gopalakrishnan
Susan D. NickeySusan D. Nickey
Marc T. Pangburn
Nathaniel J. Rose
       
Peer Group Issuers, Footnote For 2023, 2024 and 2025, the Peer Group TSR set forth in this table uses the ALPS Clean Energy ETF, which we also use in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison assumes $100 was invested for the period starting December 31, 2020, through December 31, 2025 in the Company and in the ALPS Clean Energy ETF, respectively. For 2021 and 2022, the Peer Group TSR uses the FTSE NAREIT All Equity REIT Index. ALPS Clean Energy ETF is a growing, US-based, well-diversified, mid-cap investor in climate-positive real assets that we believe is well positioned to serve as a peer group index. ALPS Clean Energy ETF is comprised of companies who generally own or operate assets similar to our investments in renewable energy projects as well other companies positively exposed to the energy transition. Historical stock performance is not necessarily indicative of future stock performance.        
Adjustment To PEO Compensation, Footnote Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards columns set forth in the Summary Compensation Table.
YearSummary
Compensation Table
Total for PEO
Lipson
($)
Exclusion of
Change in
Pension Value
for PEO Lipson
($)
Exclusion
of Stock
Awards for
PEO Lipson
($)
Inclusion of
Pension Service
Cost for PEO
Lipson
($)
Inclusion of
Equity
Values for PEO
Lipson
($)
Compensation
Actually
Paid to PEO
Lipson
($)
2025
9,566,821 
— 
(6,032,138)
— 
9,090,352 
12,625,035 
20248,399,696 — (5,030,570)— 5,001,514 8,370,640 
20238,249,497 — (5,394,398)— 4,541,111 7,396,209 
2022— — — — — — 
2021— — — — — — 
Year
Summary
Compensation Table
Total for PEO
Eckel
Exclusion of
Change in
Pension Value
for PEO Eckel
($)
Exclusion
of Stock
Awards for
PEO Eckel
($)
Inclusion of
Pension Service
Cost for PEO
Eckel
($)
Inclusion of
Equity
Values for PEO
Eckel
($)
Compensation
Actually
Paid to PEO
Eckel
($)
20236,128,712 — (4,073,401)— 3,022,979 5,078,289 
20228,013,744 — (4,430,369)— (4,560,505)(977,130)
20219,241,605 — (5,857,833)— 1,028,050 4,411,821 
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
YearYear-End Fair
Value of Equity
Awards Granted
During Year
That Remained
Unvested as of
Last Day of Year
for PEO
Lipson
($)
Change in Fair
Value from Last
Day of Prior Year
to Last Day
of Year of
Unvested Equity
Awards for PEO Lipson
($)
Vesting-
Date Fair
Value of Equity
Awards Granted
During Year that
Vested During
Year for PEO
Lipson
($)
Change in Fair Value
from Last Day of Prior
Year to Vesting Date
of Unvested Equity
Awards that Vested
During Year for PEO
Lipson
($)
Fair Value at Last
Day of Prior Year
of Equity Awards
Forfeited During
Year for PEO
Lipson
($)
Value of
Dividends or
Other Earnings
Paid on Equity
Awards Not
Otherwise
Included
for PEO
Lipson
($)
Total -
Inclusion of
Equity Values
for PEO
Lipson
($)
2025
6,536,760 
2,169,036 
— 
94,219 
— 
290,337 
9,090,352 
20245,434,340 (757,164)— 102,922 — 221,416 5,001,514 
20234,605,683 (258,364)— 34,073 — 159,719 4,541,111 
2022— — — — — — — 
2021— — — — — — — 
Year
Year-End Fair
Value of Equity
Awards Granted
During Year
That Remained
Unvested as of
Last Day of Year
for PEO
Eckel
($)
Change in Fair
Value from Last
Day of Prior Year
to Last Day
of Year of
Unvested Equity
Awards for PEO Eckel
($)
Vesting-
Date Fair
Value of Equity
Awards Granted
During Year that
Vested During
Year for PEO
Eckel
($)
Change in Fair Value
from Last Day of Prior
Year to Vesting Date
of Unvested Equity
Awards that Vested
During Year for PEO
Eckel
($)
Fair Value at Last
Day of Prior Year
of Equity Awards
Forfeited During
Year for PEO
Eckel
($)
Value of
Dividends or
Other Earnings
Paid on Equity
Awards Not
Otherwise
Included
for PEO
Eckel
($)
Total -
Inclusion of
Equity Values
for PEO
Eckel
($)
20233,477,830 (895,814)— 110,167 — 330,796 3,022,979 
20222,262,307 (6,165,136)— (1,433,346)— 775,670 (4,560,505)
20215,701,032 (2,907,648)— (2,460,600)— 695,265 1,028,050 
       
Non-PEO NEO Average Total Compensation Amount $ 2,791,664 $ 2,826,125 $ 2,806,776 $ 2,705,951 $ 2,953,807
Non-PEO NEO Average Compensation Actually Paid Amount $ 3,323,804 2,525,973 2,518,529 713,079 2,040,073
Adjustment to Non-PEO NEO Compensation Footnote Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards columns set forth in the Summary Compensation Table.
YearAverage Summary
Compensation Table
Total for Non-PEO
NEOs
($)
Average Exclusion of
Change in Pension
Value for Non-PEO
NEOs
($)
Average Exclusion
of Stock Awards for Non-PEO NEOs
($)
Average Inclusion
of Pension Service
Cost for Non-PEO
NEOs
($)
Average Inclusion of
Equity Values for
Non-PEO NEOs
($)
Average
Compensation
Actually Paid to
Non-PEO NEOs
($)
2025
2,791,664 
— 
(1,279,393)
— 
1,811,533 
3,323,804 
2024
2,826,125 
— 
(1,396,568)
— 
1,096,416 
2,525,973 
2023
2,806,776 
— 
(1,427,224)
— 
1,138,977 
2,518,529 
2022
2,705,951 
— 
(1,112,201)
— 
(880,671)
713,079 
2021
2,953,807 
— 
(1,586,951)
— 
673,217 
2,040,073 
Year
Average Year-End
Fair Value of Equity
Awards Granted
During Year That
Remained Unvested
as of Last Day of
Year for Non-PEO
NEOs
($)
Average Change
in Fair Value from
Last Day of Prior
Year to Last Day of
Year of Unvested
Equity Awards for
Non-PEO NEOs
($)
Average Vesting-
Date Fair Value
of Equity Awards
Granted During
Year that Vested
During Year for
Non-PEO NEOs
($)
Average Change
in Fair Value from
Last Day of Prior
Year to Vesting Date
of Unvested Equity
Awards that Vested
During Year for
Non-PEO NEOs
($)
Average Fair
Value at Last Day
of Prior Year of
Equity Awards
Forfeited During
Year for Non-PEO
NEOs
($)
Average Value
of Dividends or
Other Earnings
Paid on Equity
Awards Not
Otherwise
Included for
Non-PEO NEOs
($)
Total - Average
Inclusion of
Equity Values for
Non-PEO NEOs
($)
2025
1,390,208 
349,740 
— 
18,015 
— 
53,570 
1,811,533 
2024
1,508,661 
(520,540)
— 
23,020 
— 
85,275 
1,096,416 
2023
1,218,549 
(166,353)
— 
22,989 
— 
63,792 
1,138,977 
2022
567,921 
(1,341,806)
— 
(235,527)
— 
128,741 
(880,671)
2021
1,543,385 
(513,005)
— 
(548,620)
— 
191,457 
673,217 
       
Compensation Actually Paid vs. Total Shareholder Return
Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Company Total Shareholder Return (“TSR”)
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s cumulative TSR over the four most recently completed fiscal years.
PEO and Average Non-PEO NEO Compensation Actually Paid
Versus Company TSR
3613
Fiscal Year
pg70_darkblue legend.jpg
PEO Compensation Actually Paid - Eckel
03_421855_legend_greenbar.jpg
PEO Compensation Actually Paid - Lipson
02_421855-1_icon_legend.jpg
Average Non-PEO NEO Compensation Actually Paid
pg70_yellow legend.jpg
HA Sustainable Infrastructure Capital, Inc. TSR
       
Compensation Actually Paid vs. Net Income
Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the four most recently completed fiscal years.
PEO and Average Non-PEO NEO Compensation Actually Paid
Versus Net Income
4019
Fiscal Year
pg70_darkblue legend.jpg
PEO Compensation Actually Paid - Eckel
03_421855_legend_greenbar.jpg
PEO Compensation Actually Paid - Lipson
02_421855-1_icon_legend.jpg
Average Non-PEO NEO Compensation Actually Paid
pg70_yellow legend.jpg
HA Sustainable Infrastructure Capital, Inc. Net Income
       
Compensation Actually Paid vs. Company Selected Measure
Description of Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Adjusted EPS
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and Adjusted EPS during the four most recently completed fiscal years.
PEO and Average Non-PEO NEO Compensation Actually Paid
Versus Adjusted EPS
4426
Fiscal Year
pg70_darkblue legend.jpg
PEO Compensation Actually Paid - Eckel
03_421855_legend_greenbar.jpg
PEO Compensation Actually Paid - Lipson

02_421855-1_icon_legend.jpg
Average Non-PEO NEO Compensation Actually Paid
pg70_yellow legend.jpg
Adjusted EPS
       
Total Shareholder Return Vs Peer Group
Description of Relationship Between Company TSR and Peer Group TSR
The following chart compares our cumulative TSR over the four most recently completed fiscal years to that of the ALPS Clean Energy ETF over the same period.
Comparison of Cumulative TSR of HA Sustainable
Infrastructure Capital, Inc. and ALPS Clean Energy ETF
4757
02_421855-1_icon_legend (2).jpg
HA Sustainable Infrastructure Capital, Inc. TSR
pg71_ dark blue legend.jpg
ALPS Clean Energy ETF
       
Tabular List, Table
Tabular List of Most Important Financial Performance Measures
The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO and Non-PEO NEOs for 2025 to Company performance. The measures in this table are not ranked.
Adjusted EPS
TSR
Adjusted ROE
       
Total Shareholder Return Amount $ 63.31 105.61 102.54 100.75 176.97
Peer Group Total Shareholder Return Amount 42.39 81.19 110.77 100.69 134.1
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 188,236,000 $ 203,628,000 $ 150,757,000 $ 41,911,000 $ 127,346,000
Company Selected Measure Amount | $ / shares 2.70 2.45 2.23 2.08 1.88
PEO Name Mr. Lipson Mr. Lipson   Mr. Eckel Mr. Eckel
Additional 402(v) Disclosure
In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”)
and Non-PEO NEOs and Company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table total with certain adjustments as described in footnote 3 below.
       
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted EPS        
Non-GAAP Measure Description We determined Adjusted EPS to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2025. See Item 7 to our Annual Report on Form 10-K, filed on February 13, 2026, for an explanation of Adjusted Earnings, including a reconciliation to the relevant GAAP measure. This performance measure may not have been the most important financial performance measure for prior years and we may determine a different financial performance measure to be the most important financial performance measure in future years.        
Measure:: 2          
Pay vs Performance Disclosure          
Name TSR        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted ROE        
Jeffrey A. Lipson [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 9,566,821 $ 8,399,696 $ 8,249,497    
PEO Actually Paid Compensation Amount 12,625,035 8,370,640 $ 7,396,209    
PEO Name     Mr. Lipson    
Jeffrey W. Eckel [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount     $ 6,128,712 $ 8,013,744 $ 9,241,605
PEO Actually Paid Compensation Amount     $ 5,078,289 (977,130) 4,411,821
PEO Name     Mr. Eckel    
PEO | Jeffrey A. Lipson [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 $ 0    
PEO | Jeffrey A. Lipson [Member] | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0    
PEO | Jeffrey A. Lipson [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (6,032,138) (5,030,570) (5,394,398)    
PEO | Jeffrey A. Lipson [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 9,090,352 5,001,514 4,541,111    
PEO | Jeffrey A. Lipson [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,536,760 5,434,340 4,605,683    
PEO | Jeffrey A. Lipson [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,169,036 (757,164) (258,364)    
PEO | Jeffrey A. Lipson [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0    
PEO | Jeffrey A. Lipson [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 94,219 102,922 34,073    
PEO | Jeffrey A. Lipson [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0    
PEO | Jeffrey A. Lipson [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 290,337 221,416 159,719    
PEO | Jeffrey W. Eckel [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     0 0 0
PEO | Jeffrey W. Eckel [Member] | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     0 0 0
PEO | Jeffrey W. Eckel [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (4,073,401) (4,430,369) (5,857,833)
PEO | Jeffrey W. Eckel [Member] | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     3,022,979 (4,560,505) 1,028,050
PEO | Jeffrey W. Eckel [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     3,477,830 2,262,307 5,701,032
PEO | Jeffrey W. Eckel [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     (895,814) (6,165,136) (2,907,648)
PEO | Jeffrey W. Eckel [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     0 0 0
PEO | Jeffrey W. Eckel [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     110,167 (1,433,346) (2,460,600)
PEO | Jeffrey W. Eckel [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     0 0 0
PEO | Jeffrey W. Eckel [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount     330,796 775,670 695,265
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,279,393) (1,396,568) (1,427,224) (1,112,201) (1,586,951)
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,811,533 1,096,416 1,138,977 (880,671) 673,217
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,390,208 1,508,661 1,218,549 567,921 1,543,385
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 349,740 (520,540) (166,353) (1,341,806) (513,005)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 18,015 23,020 22,989 (235,527) (548,620)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 53,570 $ 85,275 $ 63,792 $ 128,741 $ 191,457