Budderfly, an energy company in the United States, has announced the closing of a $100 million expansion of its corporate debt facility with Nuveen Energy Infrastructure Credit (Nuveen EIC), bringing the total corporate facility to $200 million and a total investment in excess of $300 million by Nuveen EIC including project debt facilities.
This latest investment reflects the continued expansion of Budderfly’s relationship with Nuveen and builds on an initial $100 million corporate debt facility established in May 2025. Since first partnering in 2024, Nuveen has steadily increased its commitment to Budderfly and participates in both corporate and project financing facilities, supporting the company’s rapid growth and platform scaling. This builds on a series of recent financings, including the expansion of Budderfly’s project debt facilities to $550 million, underscoring continued momentum across its capital strategy.
Budderfly will use the additional capital to