Diversified gas ABS draws Nuveen as top investor

naturalgas_Adobe_575x375_7Feb2020
By Jennifer Kang
15 Apr 2020

Nuveen emerged as the primary investor for Diversified Gas & Oil’s most recent securitization, drawn to the company’s commitment to refrain from drilling or fracking and fitting the deal into its environmental, social and governance (ESG) strategy.

Sources say the transaction is an example of energy companies that have historically been a part of the fossil fuel economy repositioning themselves to be part of the ESG landscape as investors pivot increasingly to sustainable investments.

Diversified Gas & Oil, a US-based operator of natural gas ...

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