Glennmont Partners from Nuveen has entered the U.S. market through a joint venture agreement with solar developer GreenGo Energy US, a subsidiary of GreenGo Energy Group.
The joint venture will develop more than 1 gigawatt of both combined and standalone solar PV and energy storage projects, with the goal of constructing and operating the assets. The first projects are expected to come online in 2025 and will be 100 percent owned by Glennmont Partners’ Clean Energy Investment Strategy, a €2 billion ($2.1 billion) value-add infrastructure strategy specializing in energy-transition investments.
Glennmont has managed more than €3 billion ($3.2 billion) of renewables and clean energy assets across Europe. market. GreenGo has developed 7.5 gigawatts of solar and storage projects across the United States and Northern Europe
“In our view, the U.S. renewables market represents an increasingly attractive market with deep potential for investors, particularly sinc
