Nuveen raises more than $1bn from six insurers for clean energy lending
The first close for CPACE Lending Fund IV takes the series to $3bn since 2023.
Nuveen on 25 August launched a commercial property-assessed clean energy lending strategy seeded by six insurers, giving accredited insurance investors access to a diversified portfolio of energy efficiency, climate resilience, water conservation and renewable energy projects.
The first close for Nuveen CPACE Lending Fund IV exceeded $1bn in new commitments, against a reported target of $1.2bn.
That takes total commitments…
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