Nuvve Partners with Jefferies to Power Infrastructure Financing for "Electrify New Mexico"
Nuvve Holding Corp. (Nasdaq: NVVE) has partnered with Jefferies as its exclusive infrastructure financing partner for the Electrify New Mexico initiative. Jefferies will help structure and secure capital markets transactions to fund EV charging infrastructure, grid-integrated mobility hubs, and clean energy assets linked to Nuvve's New Mexico state contract.
The partnership represents a significant step in implementing one of the most ambitious state electrification efforts in the U.S. Nuvve has established a regional subsidiary, Nuvve New Mexico , to execute the statewide contract and lead local implementation. The initiative gains momentum as New Mexico shows strong political support for clean energy, with nearly 100 bills introduced in the recent legislative session supporting clean energy goals, including investments in EV infrastructure and grid resilience.
Nuvve Holding Corp. (Nasdaq: NVVE) ha stretto una partnership con Jefferies come suo partner esclusivo per il finanziamento delle infrastrutture nell'iniziativa Electrify New Mexico. Jefferies aiuterà a strutturare e garantire le transazioni nei mercati dei capitali per finanziare le infrastrutture di ricarica per veicoli elettrici, i centri di mobilità integrati nella rete e le risorse energetiche pulite collegate al contratto di Nuvve nello stato del New Mexico.
Questa partnership rappresenta un passo significativo nell'attuazione di uno degli sforzi di elettrificazione statale più ambiziosi negli Stati Uniti. Nuvve ha istituito una filiale regionale, Nuvve New Mexico, per eseguire il contratto statale e guidare l'implementazione locale. L'iniziativa sta guadagnando slancio poiché il New Mexico mostra un forte supporto politico per l'energia pulita, con quasi 100 progetti di legge introdotti nella recente sessione legislativa a sostegno degli obiettivi di energia pulita, inclusi investimenti nelle infrastrutture per veicoli elettrici e nella resilienza della rete.
Nuvve Holding Corp. (Nasdaq: NVVE) se ha asociado con Jefferies como su socio exclusivo de financiamiento de infraestructura para la iniciativa Electrify New Mexico. Jefferies ayudará a estructurar y asegurar transacciones en los mercados de capital para financiar la infraestructura de carga de vehículos eléctricos, centros de movilidad integrados a la red y activos de energía limpia vinculados al contrato de Nuvve en el estado de Nuevo México.
La asociación representa un paso significativo en la implementación de uno de los esfuerzos de electrificación estatal más ambiciosos en los EE. UU. Nuvve ha establecido una subsidiaria regional, Nuvve New Mexico, para ejecutar el contrato estatal y liderar la implementación local. La iniciativa gana impulso a medida que Nuevo México muestra un fuerte apoyo político por la energía limpia, con casi 100 proyectos de ley introducidos en la reciente sesión legislativa que apoyan los objetivos de energía limpia, incluidos los inversiones en infraestructura de vehículos eléctricos y la resiliencia de la red.
Nuvve Holding Corp. (Nasdaq: NVVE)는 Electrify New Mexico 이니셔티브를 위한 독점 인프라 금융 파트너로 Jefferies와 협력했습니다. Jefferies는 전기차 충전 인프라, 그리드 통합 이동 허브 및 Nuvve의 뉴멕시코 주 계약과 연결된 청정 에너지 자산을 자금 조달하기 위한 자본 시장 거래를 구조화하고 확보하는 데 도움을 줄 것입니다.
이번 파트너십은 미국에서 가장 야심찬 주 전기화 노력을 구현하는 데 중요한 단계가 됩니다. Nuvve는 주 계약을 수행하고 지역 구현을 이끌기 위해 Nuvve New Mexico라는 지역 자회사를 설립했습니다. 뉴멕시코는 청정 에너지를 위한 강력한 정치적 지지를 보여주면서 이니셔티브의 추진력이 더해지고 있으며, 최근 입법 세션에서 전기차 인프라 및 그리드 회복력에 대한 투자를 포함하여 청정 에너지 목표를 지원하는 거의 100개의 법안이 소개되었습니다.
Nuvve Holding Corp. (Nasdaq: NVVE) a établi un partenariat avec Jefferies en tant que partenaire exclusif pour le financement des infrastructures de l'initiative Electrify New Mexico. Jefferies aidera à structurer et à sécuriser des transactions sur les marchés de capitaux pour financer l'infrastructure de recharge des véhicules électriques, les hubs de mobilité intégrés au réseau et les actifs d'énergie propre liés au contrat de Nuvve dans l'État du Nouveau-Mexique.
Ce partenariat représente une étape significative dans la mise en œuvre de l'un des efforts d'électrification des États les plus ambitieux aux États-Unis. Nuvve a créé une filiale régionale, Nuvve New Mexico, pour exécuter le contrat à l'échelle de l'État et diriger la mise en œuvre locale. L'initiative prend de l'ampleur alors que le Nouveau-Mexique montre un fort soutien politique pour l'énergie propre, avec près de 100 projets de loi introduits lors de la récente session législative soutenant les objectifs d'énergie propre, y compris les investissements dans l'infrastructure des véhicules électriques et la résilience du réseau.
Nuvve Holding Corp. (Nasdaq: NVVE) hat sich mit Jefferies als exklusivem Finanzierungspartner für die Infrastruktur der Initiative Electrify New Mexico zusammengetan. Jefferies wird dabei helfen, Kapitalmarkttransaktionen zu strukturieren und zu sichern, um die Infrastruktur für das Laden von Elektrofahrzeugen, netzintegrierte Mobilitätszentren und saubere Energieanlagen zu finanzieren, die mit dem Vertrag von Nuvve im Bundesstaat New Mexico verbunden sind.
Die Partnerschaft stellt einen bedeutenden Schritt bei der Umsetzung eines der ehrgeizigsten Elektrifizierungsprojekte auf staatlicher Ebene in den USA dar. Nuvve hat eine regionale Tochtergesellschaft, Nuvve New Mexico, gegründet, um den landesweiten Vertrag auszuführen und die lokale Umsetzung zu leiten. Die Initiative gewinnt an Fahrt, da New Mexico eine starke politische Unterstützung für saubere Energie zeigt, mit fast 100 Gesetzentwürfen, die in der jüngsten Legislaturperiode zur Unterstützung der Ziele für saubere Energie, einschließlich Investitionen in die Infrastruktur für Elektrofahrzeuge und die Resilienz des Stromnetzes, eingebracht wurden.
- Secured exclusive partnership with major investment bank Jefferies for infrastructure financing
- Obtained significant state contract for New Mexico electrification initiative
- Strong political support with nearly 100 clean energy bills introduced in state legislature
- Established dedicated regional subsidiary for project execution
- None.
Insights
Nuvve's strategic partnership with Jefferies represents a critical financial milestone for implementing their "Electrify New Mexico" state contract. For a micro-cap company (
This partnership directly addresses one of the most significant execution risks facing Nuvve - how to finance the substantial capital expenditures required for a statewide EV charging infrastructure program. Jefferies brings specialized expertise in structuring complex energy infrastructure transactions that would typically be beyond the reach of a company Nuvve's size.
The formation of Nuvve New Mexico as a dedicated subsidiary creates a project-specific vehicle that will likely facilitate project financing by potentially ringfencing assets and cash flows. This suggests a sophisticated financial approach that could involve structured finance solutions rather than simply diluting existing shareholders.
While the announcement lacks specific details on the financing structure, timeline, or the overall size of the capital raise, the selection of Jefferies - rather than a smaller boutique firm - indicates the substantial scale of the anticipated financing. The partnership doesn't generate immediate revenue but significantly reduces execution risk on what appears to be a cornerstone contract for the company.
For context, this partnership comes at a crucial juncture for Nuvve, whose stock trades below
Jefferies will work with Nuvve to structure and secure capital markets transactions to fund the buildout of electric vehicle (EV) charging infrastructure, grid-integrated mobility hubs, and other clean energy assets tied to Nuvve’s landmark contract awarded by the
“Jefferies brings Electrify New Mexico closer to reality and offers a strong endorsement of both our vision and our leadership in grid modernization,” said Gregory Poilasne, CEO and Founder of Nuvve. “We’re not just planning for the future; we’re building it with key strategic partners committed to building this critical infrastructure.”
Jefferies brings deep expertise in energy infrastructure finance and has a global reputation for transformative clean energy projects in the
The announcement comes as
“We’re executing on a bold and necessary transformation,” said Ted Smith, CEO of Nuvve New Mexico LLC. “With partners like Jefferies and strong momentum at the state level, we’re building a coalition capable of making
To support the project’s success, Nuvve formed Nuvve New Mexico LLC, a regional subsidiary dedicated to executing the statewide contract and spearheading local implementation.
About Nuvve
Founded in 2010, Nuvve Holding Corp. (Nasdaq: NVVE) has successfully deployed vehicle-to-grid (V2G) on five continents, offering turnkey electrification solutions for fleets of all types. Nuvve combines the world’s most advanced V2G technology and an ecosystem of electrification partners, delivering new value to electric vehicle (EV) owners, accelerating the adoption of EVs, and supporting a global transition to clean energy. Nuvve is making the grid more resilient, transforming EVs into mobile energy storage assets, enhancing sustainable transportation, and supporting energy equity in an electrified world. Nuvve is headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250410965320/en/
Media Contact For Nuvve:
Wes Robinson
wrobinson@olmsteadwilliams.com
(626) 201-2928
Source: Nuvve Holding Corp.
FAQ
What is the purpose of Nuvve's partnership with Jefferies for the Electrify New Mexico project?
How many clean energy-related bills were introduced in New Mexico's recent legislative session?
What organizational structure has NVVE created to manage the New Mexico project?
Why did Nuvve (NVVE) choose Jefferies as their financing partner?
