Diversified gas ABS draws Nuveen as top investor

Jennifer Kang

April 15, 2020 07:30 PM

naturalgas_Adobe_575x375_7Feb2020 — Pump jack silhouette against a sunset sky with deliberate lens flare and copy space. These jacks can extract between 5 to 40 litres of crude oil and water emulsion at each stroke. | Ronnie Chua/ronniechua - stock.adobe.com

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.

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Jennifer Kang