UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-K/A
Amendment No. 1
xANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 20172022
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from                      to                     
Commission File Number: 001-35877
HANNON ARMSTRONG SUSTAINABLE
INFRASTRUCTURE CAPITAL, INC.
(Exact name of registrant as specified in its charter)
Maryland
46-1347456
Maryland
46-1347456
(State or other jurisdiction of

incorporation or organization)
(I.R.S. Employer

Identification No.)
One Park Place21401
Suite 200
1906 Towne Centre Blvd
Suite 370
Annapolis MD
MD21401
(Address of principal executive offices)(Zip Code)
(410) 571-9860
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:

Title of Each Classeach classTrading Symbol(s)Name of Each Exchangeeach exchange on Which Registeredwhich registered
Common Stock, $0.01 par value per shareHASINew York Stock Exchange

Securities registered pursuant to Section 12(g) of the Act:
None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes  x    No  
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act.    Yes      No  x
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  


Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.  x


Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filerxAccelerated filer
Non-accelerated filer
  (Do not check if a smaller reporting company)
Smaller reporting company
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   
Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal controls over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes     No  x
As of June 30, 2017,2022, the aggregate market value of the registrant’s common stock (includes unvested restricted stock) held by non-affiliates of the registrant was $1.2$3.3 billion based on the closing sales price of the registrant’s common stock on June 30, 20172022 as reported on the New York Stock Exchange.
On March 21, 201827, 2023, the registrant had a total of 52,939,49391,809,494 shares of common stock, $0.01 par value, outstanding (which includes 1,112,940151,672 shares of unvested restricted common stock).
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the registrant’s proxy statement for the 20182023 annual meeting of stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K.
Auditor Name:Ernst & Young LLPAuditor Location:Tysons, VAPCAOB ID:42





AMENDMENT NO. 1

EXPLANATORY NOTE

Hannon Armstrong Sustainable Infrastructure Capital, Inc. (the “Company”,“Company,” “we,” “our,” or “us”) is filing this amendment (the “Form 10-K/A”) to our Annual Report on Form 10-K for the year ended December 31, 2017,2022, originally filed with the Securities and Exchange Commission (“SEC”) on February 23, 201821, 2023 (the “Original Form 10-K”), solely for the purpose of complying with Regulation S-X, Rule 3-09.3-09 ("Rule 3-09"). Rule 3-09 requires that Form 10-K contain separate financial statements for unconsolidated subsidiaries and investees accounted for by the equity method when such entities are individually significant.

We have determined that our equity method investment in Lighthouse Renewable HoldCo II LLC and its subsidiaries, which is not consolidated in our financial statements, was significant under the income test of Rule 3-09 in relationship to our financial results for the year ended December 31, 2022, that our equity method investments in MMeach of Vivint Solar Asset 3 HoldCo Parent, LLC ("MM Solar") and Helix Fund Iits subsidiaries and Rosie TargetCo, LLC ("Helix"),and its subsidiaries, which are not consolidated in our financial statements, were significant under the income test of Rule 3-09 in relationship to our financial results for the year ended December 31, 2017.2021, and that our equity method investment in SunStrong Capital Holdings, LLC and its subsidiaries, which is not consolidated in our financial statements, was significant under the income test of Rule 3-09 in relationship to our financial results for the year ended December 31, 2020. Since MM Solar’sthe financial statements as of and Helix's 2017 financial statementsfor the year ended December 31, 2022, of the aforementioned investees were not available until after the date of the filing of our Original Form 10-K, Rule 3-09 provides that the financial statements may be filed as an amendment to our Original Form 10-K within 90 days after the end of our fiscal year ended December 31, 2017.
2022. Therefore, this Form 10-K/A amends Item 15 of our Original Form 10-K filed on February 23, 201821, 2023, to include the following Exhibits:

Exhibit 23.2 -- Consent of EKS&H LLLPErnst & Young LLP for MMthe consolidated financial statements of Vivint Solar Asset 3 HoldCo Parent, LLC
Exhibit 23.3 -- Consent of CohnReznickErnst & Young LLP for Helix Fund Ithe consolidated financial statements of Rosie TargetCo, LLC
Exhibit 23.4 -- Consent of KPMG LLP for the consolidated financial statements of Rosie TargetCo, LLC
Exhibit 23.5 -- Consent of KPMG LLP for the consolidated financial statements of SunStrong Capital Holdings, LLC
Exhibit 23.6 -- Consent of Ernst & Young LLP for the consolidated financial statements of Lighthouse Renewable HoldCo II LLC
Exhibit 99.1 – MM Solar Parent LLC and Subsidiaries, Financial Statements-- Consolidated financial statements as of December 31, 20172022, 2021, and 20162020 and for the years ended December 31, 2022 and 2021 and for the period from October 9, 2020 to December 31, 2020 of Vivint Solar Asset 3 HoldCo Parent, LLC and its subsidiaries
Exhibit 99.2 -- Consolidated financial statements as of December 31, 2022 and 2021, and for the years then ended for Rosie TargetCo LLC and its subsidiaries
Exhibit 99.3 -- Consolidated financial statements as of December 31, 2020 and for the year then ended December 31, 2015,of Rosie TargetCo LLC and its subsidiaries
Exhibit 99.2 – Helix Fund I LLC, Financial Statements99.4 -- Consolidated financial statements as of December 31, 20172022 and January 1, 20172021 and for the yearthree years ended December 31, 20172022, of SunStrong Capital Holdings, LLC and its subsidiaries
Exhibit 99.5 -- Consolidated financial statements as of December 31, 2022 and 2021 and for the period from December 2, 2016 (inception) through January 1, 2017years then ended of Lighthouse Renewable HoldCo II LLC and its subsidiaries

This Form 10-K/A does not amend or otherwise update any other information in the Original Form 10-K (including theits exhibits, to the Original Form 10-K, except for Exhibits 31.3, 31.4, 32.331.1, 31.2, 32.1 and 32.4)32.2). Accordingly, this Form 10-K/A should be read in conjunction with our Original Form 10-K.10-K and with our filings with the SEC subsequent to the Original Form 10-K filing. In addition, in accordance with applicable rules and regulations promulgated by the SEC, this Form 10-K/A includes updated certifications from our Chief Executive Officer and Chief Financial Officer as Exhibits 31.3, 31.4, 32.331.1, 31.2, 32.1 and 32.4.32.2.




Item 15.Exhibits and Financial Statement Schedules.
Item 15.    Exhibits and Financial Statement Schedules
Documents filed as part of the report
The following documents are filed as part of this Form 10-K/A in Part II, Item 8 and are incorporated by reference:
(a)(1) Financial Statements:
See index in Item 8—“Financial Statements and Supplementary Data,” filed with the Original Form 10-K for a list of financial statements.
 
(3)Exhibits Files:




(3)Exhibits Files:
Exhibit
number
Exhibit description
3.1
3.2
3.3
4.1
4.2
4.3
4.34.4
10.14.5
4.6
4.7
4.8
4.9
4.10
10.1
- 3 -


10.2
10.3
10.4
10.410.5
10.510.6
10.610.7
10.710.8
10.8
10.9


10.1010.9
10.1110.10
10.1210.11
10.13
10.14
10.15
10.16
10.17
10.18
10.19
10.20
10.21
10.22
10.23
10.24
10.25
10.26


10.2710.12
10.28
10.29
10.30
10.31
10.32
10.33
10.34
10.35
10.36
10.37
10.38
10.39
10.40
10.41
10.42
10.43
10.44
10.45


10.46
10.47
10.4810.13
10.49
10.50
10.51
10.52
10.5310.14
10.15
10.16
10.17
10.18
10.19
- 4 -


10.20
10.21
10.22
10.23
10.5410.24
10.55
10.5610.25
10.26
10.5710.27
10.28
10.29
10.30
21.110.31
10.32
21.1
23.1
23.2*
23.2*
23.3*
23.3*
24.123.4*
23.5*
23.6*
- 5 -


24.1
31.1  31.1*
31.2  31.2*
31.3*
31.4*
32.1
32.2  32.1**
32.3**
32.432.2***
99.1*
99.2*
99.3*


99.2*99.4*
101.INS99.5*XBRL Instance Document (incorporated by reference to Exhibit 101.INS to
101.SCHInline XBRL Taxonomy Extension Schema (incorporated by reference to Exhibit 101.SCH to the Registrant’s Form 10-K (No. 001-35877), filed on February 23, 2018)21, 2023)
101.CALInline XBRL Taxonomy Extension Calculation Linkbase (incorporated by reference to Exhibit 101.CAL to the Registrant’s Form 10-K (No. 001-35877), filed on February 23, 2018)21, 2023)
101.DEFInline XBRL Taxonomy Extension Definition Linkbase (incorporated by reference to Exhibit 101.DEF to the Registrant’s Form 10-K (No. 001-35877), filed on February 23, 2018)21, 2023)
101.LABInline XBRL Taxonomy Extension Label Linkbase (incorporated by reference to Exhibit 101.LAB to the Registrant’s Form 10-K (No. 001-35877), filed on February 23, 2018)21, 2023)
101 PREInline XBRL Taxonomy Extension Presentation Linkbase (incorporated by reference to Exhibit 101.PRE to the Registrant’s Form 10-K (No. 001-35877), filed on February 23, 2018)
*104Filed herewith.
Cover Page Interactive Data File Included as Exhibit 101 (embedded within the Inline XBRL document)
* Filed herewith.
**Furnished with this report.


SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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HANNON ARMSTRONG SUSTAINABLE
INFRASTRUCTURE CAPITAL, INC.
(Registrant)
Date: March 23, 201831, 2023By:/s/ Jeffrey W. EckelA. Lipson
Name:Jeffrey W. EckelA. Lipson
Title:Chairman, Chief Executive Officer and President
Date: March 23, 2018By:/s/ Marc T. Pangburn
Marc T. Pangburn
Chief Financial Officer and Executive Vice President
/s/ Charles W. Melko
Name:Charles W. Melko
Title:Chief Accounting Officer, Treasurer and Senior Vice President


8
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