Budderfly, an energy-as-a-service company, has secured an additional $100 million in debt financing from Nuveen Energy Infrastructure Credit (Nuveen EIC), bringing the company’s total capital raised to more than $1 billion.
This latest debt raise builds on a previous $400 million debt facility and a $500 million equity investment from Partners Group.
Budderfly will use the debt financing to accelerate the deployment of scalable, holistic energy solutions tailored for energy-intensive buildings across the United States. The financing will aid Budderfly in continuing to provide turnkey energy solutions across a wide range of commercial properties, converting aging infrastructure into high-performing, cost-saving assets.
Budderfly’s behind-the-meter approach integrates advanced HVACs, LED lighting, smart controls and water-saving technologies. Through 10- to 15-year service agreements and by investing its own capital, Budderfly delivers customers lower operatin
