Company Research Report: Nuveen Green Capital

Company Overview

Name

Nuveen Green Capital

Mission of the Company

The mission of Nuveen Green Capital is to be a national leader in sustainable commercial real estate financing solutions. They aim to integrate energy efficiency and renewable energy into commercial real estate, thus reducing operating expenses and increasing property value while improving the environmental impact.

Foundation and Key People

Founded By: No information is available

Key People: Jessica Bailey is specifically mentioned in the context of the company.

Headquarters

Darien, Connecticut, USA
Address: 19 Old Kings Highway South, Suite 210, Darien, CT 06820
Email: Contact via [Email](mailto:203.875.9500)

Number of Employees

No information is available

Revenue

No information is available

Known For

Nuveen Green Capital is known for its leadership in sustainable commercial real estate financing, primarily leveraging Commercial Property Assessed Clean Energy (C-PACE) financing to improve energy efficiency and introduce renewable energy in properties.

Products

Overview of Products

Nuveen Green Capital offers innovative financial solutions for sustainable commercial real estate projects through C-PACE financing, which is applicable to a variety of project types:

New Construction & Gut Rehabs

Energy-Efficient Upgrades & Deferred Maintenance

Recapitalization for Ongoing or Recently Completed Projects

Gap Financing to Bridge Projects to Completion

High-Level Description & Key Features of Products

1. C-PACE Financing:

Covers 100% of the hard and soft costs associated with improving water and energy performance, and in some states, building resiliency.

Key Features:

Energy savings that reduce operating expenses.

Increase in cash flow by matching equipment financing terms with useful life, providing savings from day one.

Replacement of obsolete equipment with efficient products to end costly repairs.

Improved marketability and Net Operating Income (NOI) of properties.

Ability to pass through expenses so tenants can share in costs and benefits.

Preservation of working capital for new and existing properties.

2. Specific Solutions under C-PACE:

Solar Energy: Advanced solar arrays to meet commercial demands.

High-efficiency Boilers and Chillers: Systems that operate 20-40% more efficiently.

HVAC Systems: New systems can reach efficiencies of 97%+, reducing utility bills by 20-50%.

Building Controls: Automated systems to reduce electricity and operational costs.

LED Lighting: Significant electrical savings through retrofits.

Water Heating Systems: High-efficiency systems that cut costs by 30%.

Water Conservation: Infrastructure to significantly reduce waste.

Storm Resiliency: Measures for operational continuity during storms.

Building Envelope Enhancements: Insulation and glazing improvements to save 5-40% on energy costs.

Recent Developments

Economic and Environmental Impact: Achieved 2.64 million MWh in energy savings, protected 174 sq. miles of forest, generated $1.62 billion in project savings, and supported 25,917 clean energy jobs.

Collaboration and Partnerships: Nuveen Green Capital is a member of the TIAA group of companies, representing a collaboration with Teachers Insurance and Annuity Association of America (TIAA).

New Products Launched

No information is available

New Features Added to Existing Products

No information is available

New Partnerships

Nuveen Green Capital continues to leverage its affiliation with Nuveen LLC, integrating sustainable financial solutions with its parent's asset management capabilities.

This report contains information available up to 2024, and the report is tailored to reflect only the given data.