Nuveen has formed a strategic partnership with the California State Teachers’ Retirement System (CalSTRS) to invest up to $2 billion in sustainable infrastructure through Nuveen’s Energy Infrastructure Credit (Nuveen EIC) business. The partnership represents a landmark commitment to invest in sustainable infrastructure by providing bespoke capital solutions to finance the buildout of critical infrastructure that supports the clean energy economy and promotes energy security for the United States and abroad.
As part of the strategic partnership, CalSTRS will serve as an anchor investor for the sustainable infrastructure portfolio in the Energy & Power Infrastructure Credit Fund II (EPIC II). The strategic partnership also positions CalSTRS to anchor future complementary investment strategies to support critical infrastructure for the clean energy economy.
The strategic partnership’s investment focus spans the full breadth of sustainable infrastructure opportun