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

Quarterly report pursuant to Section 13 or 15(d)

Nonrecourse Debt (Tables)

Nonrecourse Debt (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Outstanding Nonrecourse Asset-Backed Debt

We have outstanding the following nonrecourse asset-backed debt (dollars in millions):


	Issue Date	Original Principal		Interest Rate			Maturity Date	Anticipated Balance at Maturity

HASI Sustainable Yield Bond 2013-1	December 2013	$	100		2.79	%	December 2019	$	57

ABS Loan Agreement	October 2014	$	115		5.74	%	September 2021	$	17

HASI Sustainable Yield Bond 2015-1	September 2015	$	101		4.28	%	October 2034	$	—

Schedule of Outstanding Amounts under Each Nonrecourse Asset-Backed Debt Agreement and Value of Assets Pledged as Security

Outstanding amounts under the nonrecourse asset-backed debt agreement and the value of assets pledged as security for the loans are as follows (dollars in millions):


	Outstanding Balance as of				Value of Assets Pledged as of
	September 30, 2015		December 31, 2014		September 30, 2015		December 31, 2014		Description of Assets Pledged

HASI Sustainable Yield Bond 2013-1	$	84	$	92	$	100	$	104	Financing receivables

ABS Loan Agreement	$	103	$	116	$	121	$	144	Equity interest in Strong Upwind Holdings I, LLC

HASI Sustainable Yield Bond 2015-1	$	101	$	—	$	140	$	—	Financing receivables, real estate and real estate intangibles

Analysis of Other Nonrecourse Debt by Interest Rate

Analyses of other nonrecourse debt by interest rate are as follows:


As of September 30, 2015	Balance		Maturity
	(dollars in millions)

Fixed-rate promissory notes, interest rates from 2.26% to 5.00% per annum	$	34	2017 to 2032
Fixed-rate promissory notes, interest rates from 5.01% to 6.50% per annum		49	2015 to 2031
Fixed-rate promissory notes, interest rates from 6.51% to 8.00% per annum		22	2015 to 2031

Other nonrecourse debt	$	105


As of December 31, 2014	Balance		Maturity
	(dollars in millions)

Fixed-rate promissory notes, interest rates from 2.06% to 5.00% per annum	$	32	2015 to 2032
Fixed-rate promissory notes, interest rates from 5.01% to 6.50% per annum		58	2015 to 2031
Fixed-rate promissory notes, interest rates from 6.51% to 8.00% per annum		23	2015 to 2031

Other nonrecourse debt	$	113

Schedule of Minimum Maturities of Nonrecourse Debt

The stated minimum maturities of nonrecourse debt as of September 30, 2015, were as follows:


	Nonrecourse Debt
As of September 30,	Asset Backed Nonrecourse Notes		Other Nonrecourse Debt		Total
	(dollars in millions)

2016	$	22	$	17	$	39
2017		24		15		39
2018		25		9		34
2019		27		5		32
2020		83		4		87
Thereafter		107		55		162

	$	288	$	105	$	393