UNITED STATES OF AMERICA —HA Sustainable Infrastructure Capital, Inc. (HASI), a major sustainable capital provider has expanded into municipal and industrial water management by acquiring a structured equity stake in a resource recovery facility located in Washington State. The investment in the Pasco Resource Recovery Center was completed through a joint arrangement with developer Burnham, backed by a 30-year wastewater treatment contract with the City of Pasco.
The upgraded infrastructure replaces a legacy municipal processing site, significantly increasing regional capability by processing effluent from seven food-processing plants. The plant utilizes anaerobic digestion technology to recycle over one billion gallons of water each year to irrigate 1,900 acres of local farmland. Beyond water reuse, the site generates renewable natural gas and nutrient-rich soil products, establishing a multi-stream revenue and resource recovery model.
This initial transaction marks a strategic pivot for clean energy investors seeking stable, non-cyclical cash flows outside traditional wind and solar assets. HA Sustainable Infrastructure Capital is a publicly traded investment firm managing over $17 billion in assets focused on energy efficiency, renewable generation, and decarbonization. Burnham operates as a specialized water infrastructure company that finances, designs, and manages treatment facilities for public utilities and industrial clients.
The project highlights growing momentum for public-private partnerships addressing industrial waste and utility constraints in agricultural hubs. By integrating waste-to-energy capabilities with water treatment, municipal authorities can secure long-term utility services while lower-carbon outputs like renewable natural gas provide additional commercial revenue streams. This model provides a replicable framework for capital deployment across water-stressed regions facing municipal capacity limits.
