Budderfly, an energy companies in the United States, has announced it has expanded its debt facility to $550 million to support continued growth of its Energy-as-a-Service (EaaS) platform. The facility includes a new $250 million upsizing led by Global Infrastructure Partners (GIP), a part of BlackRock, with participation from existing lender, Vantage Infrastructure. The expanded facility also includes an additional $100 million accordion feature. The transaction reflects strong institutional confidence in Budderfly’s operating model and its ability to modernize and manage energy infrastructure for commercial facilities nationwide.
Budderfly enables commercial facilities, including restaurants, retail, fitness and manufacturing sites to modernize aging energy infrastructure with no upfront investment, generating savings through improved efficiency, active energy management and load optimization. The facility will accelerate deployment of Budderfly-owned energy infrastructur
