About the fund
Energy & Power Infrastructure Credit Fund II (EPIC II) is a $2.5 billion target private credit strategy providing private infrastructure credit solutions to companies in support of the growing demand for energy and power arising from digitalization, electrification, and the re-industrialization of North America, Europe and other OECD countries.
The strategy delivers directly-originated credit solutions supporting the build-out of secure and reliable energy and power generation while also focusing on credit opportunities involving sustainable infrastructure. This multi-pronged approach invests across the entire energy and power ecosystem, from renewables and energy storage to hydrocarbons, midstream, and liquified natural gas. The strategy’s investments involve bespoke project and corporate financings to fund equipment and growth capital as well as acquisition financings, recapitalizations, and structured credit solutions.
EPIC II is anchored by commitments from a leading Canadian pension fund manager and TIAA. The first close, announced in August 2025, includes a global roster of prominent institutional investors including global insurers, Japanese and Korean public and corporate pensions, asset managers and other limited partner investors.
EPIC II is part of Nuveen’s Energy Infrastructure Credit (EIC) strategy, which provides private debt solutions to assist companies transitioning to a low carbon economy, while also ensuring energy security.
