We follow an aggregation strategy, investing in complementary assets in large markets including the UK, Ireland, France, Portugal and Italy. Our portfolio is diversified to reduce technology, resource and regulatory risk – but aggregated to deliver cost synergies, refinancing opportunities and, eventually, aim to deliver a profitable exit.
- Americas
- Asia Pacific
- Europe, Middle East, Africa
- Canada
- Latin America
- United States
- Australia
- Hong Kong
- Japan
- Mainland China
- Malaysia
- New Zealand
- Singapore
- South Korea
- Taiwan
- Thailand
- Other
- Abu Dhabi Global Market (ADGM)
- Austria
- Belgium
- Denmark
- Finland
- France
- Germany
- Ireland
- Italy
- Luxembourg
- Netherlands
- Norway
- Spain
- Sweden
- Switzerland
- United Kingdom
- Other
- Institutional Investor
- Individual Investor
- Financial Professional
- Global Cities REIT (GCREIT)
- Green Capital
- Private Capital Income Fund (PCAP)
Nuveen Infrastructure clean energy infrastructure portfolio
Global Clean Energy
European Core Renewable Infrastructure
Energy Transition Enhanced Credit
The Energy Transition Enhanced Credit strategy focuses on investment in renewable energy and sustainable infrastructure assets across Europe, targeting both primary and secondary market credit opportunities.
Credit Strategy – Renewable Energy Backed Securities (REBS)
Size €200m
Investments 9
Geographies 7
France
French Wind 1
Investment year: 2019
Other information: 16.8 MW onshore wind farm, newly constructed using Nordex N117 turbines
Finland
Finnish Wind 1
Investment year: 2019
Other information: Operational 211.4 MW onshore windfarm
Finnish Wind 2
Investment year: 2019
Other information: Operational wind farm with 28 Vestas V150-5.6MW and 13 V150-4.2MW wind turbines
Finnish Wind 3
Investment year: 2023
Other information: Two operational wind farms: Haapajarvi 1 and 2, with 9 Vestas V126-3.3MW turbines in total
Italy
Italian Wind 1
Investment year: 2019
Other information: 42 MW operational wind farm using N90 Nordex turbines
Italian Wind 2
Investment year: 2019
Other information: 36 MW operational wind farm using V136 Vestas turbines
Italian Wind 3
Investment year: 2019
Other information: Operational wind farm with 10 Vestas V136 3.6 MW wind turbines
Italian Wind 4
Investment year: 2023
Other information: In construction wind farm with 6 Vestas V150 4.5MW wind turbines
Spain
Spanish Wind 1
Investment year: 2021
Other information: 99MW operational wind farm using 114 SiemensGamesa and AW140 and AW132 NordexAcciona turbines
Spanish Wind 2
Investment year: 2021
Other information: 98.7 MW operational wind farms across 4 assets
Sweden
Sweden Wind 1
Investment year: 2023
Other information: Two operational wind farms: Langmarken with 6 Vestas V126-3.3MW wind turbines; Vasberget with 8 Vestas V117-3.45MW wind turbines
Germany
Image credit: Ørsted/Ibeler
German Wind 1
Investment year: 2019
Other information: 330 MW operational offshore wind park in Germany, using Siemens WTGs
German Wind 2
Investment year: 2022
Other information: 913 MW offshore wind park in Germany, under construction
German Wind 3
Investment year: 2022
Other information: In construction wind farm with 83 Siemens Gamesa SG 11MW-200 DD (11.55MW with power boost) wind turbines
German Wind 4
Investment year: 2019
Other information: Operational wind farm with 55 Seimens SWT-6.0-154 6.3MW wind turbines
German Wind 5
Investment year: 2023
Other information: Operational wind farm with 23 Siemens Gamesa SG DD11-200 wind turbines
Netherlands
Dutch Wind 1
Investment year: 2023
Other information: Operational wind farm with 77 Vestas V164-9.5MW turbines
Italy and Spain
Italian and Spanish Solar 1
Investment year: Since 2022
Italy
Italian Solar 1
Investment year: 2020
Other information: 225MW under development
Italian Solar 2
Investment year: 2024
Italian Solar 3
Investment year: 2024
South Europe
Southern European Solar 1
Investment year: 2024
Southern European Solar 2
Investment year: Since 2019
South Korea
South Korean Solar 1
Investment year: 2022
South Korean Solar 2
Investment year: 2022
South Korean Solar 3
Investment year: 2024
Spain
Spanish Solar 1
Investment year: 2021
Other information: 161 MW under development
Spanish Solar 2
Investment year: 2021
United States
American Solar 1
Investment year: 2022
Finland
Finnish BESS 1
Investment year: 2023
Other information: In construction battery storage project
Italy
Italian BESS 1
Investment year: 2024
Italian BESS 2
Investment year: 2024
United States
American BESS 1
Investment year: 2022
In September 2021, Nuveen Infrastructure launched BNZ, an independent power producer (IPP) that develops, builds, and operates solar photovoltaic projects in Southern Europe, particularly in Portugal, Italy, and Spain. Its professional team actively develops, constructs, and manages a diverse pipeline network and puts ESG at the forefront through environmental and social initiatives. BNZ’s main objective is the production of 100% renewable energy to help achieve a greener future by becoming one of the leading renewable energy developers in Southern Europe. BNZ forms a key part of Nuveen Infrastructure’s clean energy portfolio. (You are about to leave Nuveen's website and access a website that is unaffiliated with Nuveen. Nuveen does not assume responsibility or liability for the content or privacy policies of external sites.)
Italian Solar PV 1
Investment year: 2020
Other information: 526MW under development
Portuguese Solar PV1
Investment year: 2020
Other information: 406 MW under development
Solar PV1
Investment year: 2020
Other information: 406 MW under development
Spanish Solar PV2
Investment year: 2021
Other information: 399 MW under development + 74 MW under construction
In October 2023, Nuveen Infrastructure launched Verdian Power, an independent power producer (IPP) that designs, constructs and operates renewable energy projects. The main aim of Verdian is to generate a positive social and environmental impact on local communities through solar photovoltaic and wind power plants, incorporating storage and hybridisation technologies in several markets in Europe, including Italy and Spain, as well as distributed generation projects.
Verdian Power forms a key part of Nuveen Infrastructure‘s clean energy portfolio of investments.
Its target is to achieve an installed capacity of 3GW by 2026, which would be capable of supplying the annual electricity needs of almost 3m people. The clean energy produced by Verdian Power annually will avoid the emission of 1m tonnes of carbon dioxide equivalent (CO2e) per year. In addition, Verdian Power estimates that it will create 8,300 direct and indirect jobs by 2026, from the construction of its current 800MW pipeline.
The launch of Verdian means it joins BNZ in Nuveen Infrastructure’s portfolio of IPPs. (You are about to leave Nuveen's website and access a website that is unaffiliated with Nuveen. Nuveen does not assume responsibility or liability for the content or privacy policies of external sites.)
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Important information on risk
Past performance is no guarantee of future results. All investments carry a certain degree of risk, including the possible loss of principal, and there is no assurance that an investment will provide positive performance over any period of time. Certain products and services may not be available to all entities or persons. There is no guarantee that investment objectives will be achieved.
Investors should be aware that alternative investments are speculative, subject to substantial risks including the risks associated with limited liquidity, the potential use of leverage, potential short sales and concentrated investments and may involve complex tax structures and investment strategies. Alternative investments may be illiquid, there may be no liquid secondary market or ready purchasers for such securities, they may not be required to provide periodic pricing or valuation information to investors, there may be delays in distributing tax information to investors, they are not subject to the same regulatory requirements as other types of pooled investment vehicles, and they may be subject to high fees and expenses, which will reduce profits.
As an asset class, real assets, such as Infrastructure, are less developed, more illiquid, and less transparent compared to traditional asset classes. Real asset investments are subject to various risks generally associated with the ownership of real estate-related assets and foreign investing, including but not limited to, fluctuations in property values, higher expenses or lower income than expected, changes in economic conditions, currency values, environmental problems and liability, the cost of and ability to obtain insurance, and risks related to leasing of properties.
Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.
ESG integration incorporates financially relevant ESG factors into investment research in support of portfolio management for actively managed strategies. Financial relevancy of ESG factors varies by asset class and investment strategy. Applicability of ESG factors may differ across investment strategies. ESG factors are among many factors considered in evaluating an investment decision, and unless otherwise stated in the relevant offering memorandum or prospectus, do not alter the investment guidelines, strategy or objectives.
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