SAN DIEGO, February 13, 2025--(BUSINESS WIRE)--Nuvve Holding Corp. (Nasdaq: NVVE), a global leader in grid modernization and vehicle-to-grid (V2G) technology, announced today that in complement to Cappello Global, Nuvve has engaged Roth Capital Partners to provide M&A and investment bank advisory services. The collaboration supports Nuvve’s strategic growth initiatives as it continues to expand its market presence, enhance its grid modernization strategy, and bolster vehicle-to-grid (V2G) ecosystem deployment.

Roth Capital Partners, a leading investment banking firm with extensive experience in the cleantech and energy sectors, will provide Nuvve with guidance on potential acquisitions, strategic partnerships, and market expansion opportunities. This engagement aligns with Nuvve’s commitment to scaling its operations and delivering innovative energy solutions to support the transition for a more sustainable and resilient grid. The Nuvve executive team believes that its technology and IP puts the company in a great position to become the leader in grid modernization by providing through its platform one of the most advanced AI based energy management technologies in the market.

"The partnership with Roth is a key element in identifying and executing on opportunities to further accelerate the deployment and adoption of our platform and accelerate our growth," said Gregory Poilasne, CEO and Founder at Nuvve. "Nuvve remains committed to keeping the cost of energy equitable by optimizing the use of energy storage and transforming the way electric vehicles interact with the grid with a growing portfolio of V2G-enabled solutions and partnerships with major utilities, fleet operators, and energy providers."

For more information about Nuvve and its V2G technology, visit www.nuvve.com.

About Nuvve Holding Corp.

Nuvve (Nasdaq: NVVE) is a global leader in vehicle-to-grid (V2G) technology, providing scalable, intelligent energy management solutions that enable electric vehicles to store and distribute energy. By integrating V2G technology with renewable energy sources, Nuvve helps create a more sustainable and efficient grid. For more information, visit www.nuvve.com.

About Roth Capital Partners

Roth Capital Partners is a full-service investment banking firm dedicated to serving emerging growth companies and their investors. With a strong focus on cleantech, energy, and sustainability sectors, Roth provides strategic advisory, equity and debt financing, and M&A services. For more information, visit www.roth.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to, among other things, the projected revenue growth and discussion of other select financial results, the successful expansion of Nuvve in new markets, the impact of certain events on Nuvve's business, Nuvve's ability to grow and to capitalize on certain strategic opportunities, the realization of any benefits from Nuvve’s engagement with Roth, and the timing, size or completion of any transactions, strategic partnerships or other arrangements resulting from Nuvve’s engagement with Roth. These forward-looking statements are based on Nuvve's current expectations, estimates and projections about its business and industry, management's beliefs, and certain assumptions made by Nuvve, all of which are subject to change. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "achieve," "aim," "ambitions," "anticipate," "believe," "committed," "continue," "could," "designed," "estimate," "expect," "forecast," "future," "goals," "grow," "guidance," "intend," "likely," "may," "milestone," "objective," "on track," "opportunity," "outlook," "pending," "plan," "position," "possible," "potential," "predict," "progress," "promises," "roadmap," "seek," "should," "strive," "targets," "to be," "upcoming," "will," "would," and variations of such words and similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. These risks are described under the "Risk Factors" section included in Nuvve's most recent Annual Report on Form 10-K and any subsequent quarterly filings on Form 10-Q filed with the Securities and Exchange Commission (available at www.sec.gov). Nuvve cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Nuuve assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

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Contacts

Media Contact:
For Nuvve:
Wes Robinson
wrobinson@olmsteadwilliams.com
310.824.9000