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Darien-based Greenworks Lending, a pioneer in green financing, is acquired by global investment manager

Darien-based Greenworks Lending, a pioneer in green financing, is acquired by global investment manager FacebookTwitterEmail 1of5 ENCON employees including C.J. Pappas, left, install solar panels on the roof of the Paul Miller Nissan dealership in Fairfield on July 18, 2018. The project received financing from Darien-based Greenworks Lending, which has been acquired by global investment manager Nuveen.Erik Trautmann / Hearst Connecticut MediaShow MoreShow Less 2of5 ENCON employee Kerven Richeme installs solar panels on the roof of the Paul Miller Nissan dealership in Fairfield on July 18, 2018. The project received financing from Darien-based Greenworks Lending, which has been acquired by global investment manager Nuveen.Erik Trautmann / Hearst Connecticut MediaShow MoreShow Less

Darien-based Greenworks Lending, a pioneer in green financing, is acquired by global investment manager

Darien-based Greenworks Lending, a pioneer in green financing, is acquired by global investment manager
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Connecticut Innovations Portfolio Company, Greenworks Lending, Announces Acquisition by Nuveen

Darien-based Greenworks Lending, a pioneer in green financing, is acquired by global investment manager

Darien-based Greenworks Lending, a pioneer in green financing, is acquired by global investment manager FacebookTwitterEmail 1of5 ENCON employees including C.J. Pappas, left, install solar panels on the roof of the Paul Miller Nissan dealership in Fairfield on July 18, 2018. The project received financing from Darien-based Greenworks Lending, which has been acquired by global investment manager Nuveen.Erik Trautmann / Hearst Connecticut MediaShow MoreShow Less 2of5 ENCON employee Kerven Richeme installs solar panels on the roof of the Paul Miller Nissan dealership in Fairfield on July 18, 2018. The project received financing from Darien-based Greenworks Lending, which has been acquired by global investment manager Nuveen.Erik Trautmann / Hearst Connecticut MediaShow MoreShow Less

Greenworks Lending Acquisition Underscores C-PACE Industry Growth

Share this article Share this article DARIEN, Conn., April 12, 2021 /PRNewswire/  Greenworks Lending, the nation s preeminent C-PACE capital provider dedicated to funding energy performance-enhancing commercial, multi-family and non-profit real estate projects, has been acquired by Nuveen, the global investment manager of TIAA. The acquisition marks a milestone for the rapidly growing C-PACE industry as Greenworks joins an organization with $1.2 trillion in assets under management 1. C-PACE provides property owners and developers access to low-cost, long-term, fixed-rate financing for energy efficiency, water conservation, resiliency, and renewable energy projects. As an innovator in the asset-class, Greenworks has been a market leader in the growing C-PACE industry, helping it to surpass $2 billion

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