Nuveen Green Capital Welcomes David Schatz as Vice President of Policy

Nuveen Green Capital (NGC), a national leader in sustainable commercial real estate financing solutions, announced today that David Schatz has joined their team as Vice President of Policy, reporting to Aaron Kraus, Managing Director, Head of Market Development and Strategy. 

Mr. Schatz will lead policy for NGC, interfacing with the firm’s federal, state, and local government partners to enact C-PACE legislation and support its geographic expansion to new markets.

With over a decade of legislative and regulatory strategy and policy experience in the energy and infrastructure markets, Mr. Schatz joins NGC most recently from Pepco Holdings, the holding company for four major electric utilities in the Mid-Atlantic, where he led grid modernization policy and strategy. 

Prior to Pepco Holdings, Mr. Schatz led and managed policy advocacy efforts across federal and state-level policy arenas, supporting electric vehicle adoption, EV charging station proliferation, and smart local charging infrastructure design for the electric vehicle charging company, ChargePoint. Mr. Schatz started his career doing third-party energy financing with Booz Allen Hamilton for the Department of Defense. He then moved on to SolarCity where he handled state government affairs for solar and storage policy. Mr. Schatz holds a BA and an MA in Sociocultural Anthropology from George Washington University, as well as an MA in Global Environmental Policy from American University. 

“We are thrilled to welcome David to our growing team during this time of unprecedented expansion for NGC and the C-PACE industry. He has a long and distinguished career in policy work that he brings to the firm. His notable policy experience, along with his tenacity will help us further grow C-PACE’s geographic footprint, bringing its accretive financing benefits to more commercial property owners in more municipalities throughout the country,” said Aaron Kraus, Managing Director, Head of Market Development and Strategy.

“I am excited to join the Nuveen Green Capital team and support the company’s mission during this time of significant growth, particularly as C-PACE continues to become a central part of the commercial real estate finance space,” said Mr. Schatz.

Commercial Property Assessed Clean Energy (C-PACE) is a state policy-enabled financing mechanism that makes it possible for commercial property owners to obtain low-cost, long-term, fixed-rate financing for energy efficiency, water conservation and renewable energy projects. C-PACE has quickly grown in popularity as an attractive commercial real estate financing solution. C-PACE-enabling legislation has been passed in 38 states and Washington, D.C. C-PACE programs are now active and operating in 32 states and D.C.

Mr. Schatz will be based out of Nuveen Green Capital’s Washington, D.C. office.