HA Sustainable Infrastructure Capital, Inc. Quarterly report pursuant to Section 13 or 15(d)

Securitization of Financial Assets (Tables)

9 Months Ended

Sep. 30, 2023

The following summarizes certain transactions with securitization trusts:


	As of and for the nine months ended September 30,
	2023		2022
	(in millions)
Gains on securitizations	$	53	$	51
Cost of financial assets securitized	424		454
Proceeds from securitizations	477		505
Residual and servicing assets	183		178
Cash received from residual and servicing assets	15		11

The following table reconciles our beginning and ending allowance for loss on securitization residual assets:


	Three months ended September 30, 2023				Three months ended September 30, 2022
	Government		Commercial		Government		Commercial
	(in millions)
Beginning balance	$	—	$	—	$	—	$	—
Provision for loss on securitization assets	—		3		—		—



Ending balance	$	—	$	3	$	—	$	—

	Nine months ended September 30, 2023				Nine months ended September 30, 2022
	Government		Commercial		Government		Commercial
	(in millions)
Beginning balance	$	—	$	—	$	—	$	—
Provision for loss on securitization assets	—		3		—		—



Ending balance	$	—	$	3	$	—	$	—