Nuveen has acquired a majority interest in Ally Energy Solutions, a comprehensive energy solutions provider serving commercial and industrial (C&I) customers across the United States.
The acquisition, made by Nuveen’s Private Equity Impact team, marks the sixth investment in Nuveen Climate Inclusion Fund II (NCIF II) and reinforces Nuveen’s commitment to promoting climate resilience through the decarbonization and modernization of the U.S. energy landscape.
Nuveen’s Climate Inclusion strategy seeks to address two of the greatest sustainable development challenges: climate change and inequality. By investing in businesses that drive an inclusive transition to a low-carbon economy, the strategy aims to generate strong financial returns while delivering measurable social and environmental impact.
Founded in 2014, Ally serves a unique segment of the market, executing complex energy projects nationally for large C&I clients. The company delivers turnkey
