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Nuveen Climate Impact Fund Acquires Majority Stake in C&I Energy Solutions Provider Ally

Nuveen Climate Impact Fund Acquires Majority Stake in C&I Energy Solutions Provider Ally

Global investment manager Nuveen announced the acquisition of a majority stake in US-based commercial and industrial (C&I) energy solutions provider Ally Energy Solutions. The acquisition was made by Nuveen’s Private Equity Impact team, through the Nuveen Climate Inclusion Fund II (NCIF II). Nuveen’s Climate Inclusion strategy aims to address climate change and inequality by investing in businesses that drive an…