Ripple Teams With Nelnet on $44M Solar Investment

Posted on by American Coins & Gold

Ripple Teams With Nelnet on M Solar Investment
Crypto-powered digital payment service Ripple has made a $44 million joint Environmental, Social, and Governance (ESG) investment with Nelnet (NYSE: NNI) Renewable Energy into one of Nelnet’s solar energy funds, the firms announced Monday.Ripple will be the majority investor in the tie-up, which will fund solar energy projects throughout the United States.The solar projects financed by the joint venture are estimated to offset over 1.5 million tons of carbon dioxide over 35 years, or about the same amount of carbon dioxide emissions from consuming 154 million gallons of gasoline, according to the companies.“Guaranteeing a clean energy future is a major…