NNI - Nelnet acquires solar construction firm GRNE Solutions

• Nelnet ( NYSE: NNI ) announced a controlling investment in affiliates of GRNE Solutions, Midwest solar engineering, procurement, and construction firm, through the acquisition of certain solar assets from GRNE affiliate.
• Some solar assets generate power and others are currently being constructed.
• The transaction closed on July 1, 2022.
• GRNE also offers battery backup, electric vehicle charging, energy monitoring, and operations and maintenance services.
• This acquisition presents an outstanding opportunity for the growth of GRNE and for Nelnet's continued expansion into the renewable energy space.

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