Hannon Armstrong Sustainable Infrastructure Capital Inc., through an indirect subsidiary, on December 29, 2015, entered into a credit agreement, with Deutsche Bank AG acting as administrative agent, under which it borrowed $161.6 million of nonrecourse fixed-rate debt. The company used approximately $92.1 million of the proceeds from the loan to pay down outstanding balances under the project financing loan agreement portion of the company's existing senior secured revolving credit facility. The maturity date of the loan is December 29, 2020, and the expected remaining debt balance to be repaid at the maturity date is $132.2 million.

Under the credit agreement, the lenders can only look to the cash flows of the pledged assets to satisfy the debt, and the company is not liable for nonpayment of such cash flows.