Budderfly Raises $100 Million in New Debt Financing

Budderfly, a leading energy-as-a-service company based in Shelton, Connecticut, has secured an additional $100 million in debt financing from Nuveen Energy Infrastructure Credit, bringing its total capital raised to over $1 billion. This funding will enhance Budderfly’s ability to deploy scalable energy solutions for energy-intensive buildings across the U.S., converting outdated infrastructure into efficient, cost-saving assets. CEO Al Subbloie highlighted the importance of this milestone in promoting energy efficiency amid economic challenges. Budderfly’s innovative model integrates advanced technologies while eliminating upfront costs for customers, thus expanding its impact in sustainability and lowering operating costs for businesses.

Budderfly Raises $100 Million in New Debt Financing

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