Glennmont Partners from Nuveen has invested in a €100 million ($114 million) bonds program dedicated to financing energy-efficiency improvements on residential buildings in Italy.
The transaction consists of a platform combining a portfolio of bonds issued to finance energy efficiency works on residential buildings in Italy, including self-consumption solar rooftop systems, new heating systems and other structural energy-efficiency projects. The investment involves several European investors and banks, including Glennmont through its Green Credit Strategy REBS1 (Renewable Energy Backed Securities).
This investment from Glennmont’s Green Credit Strategy REBS1 represents a further innovation in the green marketplace as it seeks new ways to finance the clean energy transition by investing in renewable and energy-efficiency works dedicated to residential buildings through bonds.
“We are pleased to finalize this latest transaction that is part of the Green Cred
