News

Viridi and Budderfly Scale Commercial Battery Storage to 100 Sites

Budderfly — Wed, 17 Jun 2026 13:13:37 GMT

Deployments across Massachusetts, Connecticut, and California support the expansion of resilient commercial energy infrastructure

Pulse 2.0: Budderfly Expands Corporate Debt Facility to $200 Million with Nuveen Energy Infrastructure Credit

Budderfly — Fri, 12 Jun 2026 16:50:07 GMT

June 2, 2026 - Budderfly announced the closing of a $100 million expansion of its corporate debt facility with Nuveen Energy Infrastructure Credit, bringing the total corporate facility to $200 million and total capital access to more than $1.1 billion. Including project debt facilities, Nuveen EIC has now invested more than $300 million in Budderfly. The company also highlighted achieving positive EBITDA in 2025 as a milestone supporting its continued growth.

A Climate Change with Matt Matern: Cut 30% of Your Energy Bill Without Spending a Dime

Budderfly — Fri, 12 Jun 2026 16:46:03 GMT

May 22, 2026 - Budderfly Director of Corporate Project Management Ibhade Eigbobo was featured on the A Climate Change with Matt Matern podcast, discussing Budderfly's energy-as-a-service model, battery storage rollout and virtual power plant technology. Eigbobo explained how Budderfly helps small and mid-sized businesses reduce energy consumption by up to 30% at no upfront cost, and outlined the company's three-phase approach to efficiency, storage and grid participation.

Retail & Restaurant Facility Business: The Hidden Cost of Comfort

Budderfly — Fri, 12 Jun 2026 16:43:03 GMT

May 2026 - Budderfly was featured in a case study in Retail & Restaurant Facility Business, written by Julia Burman Tziolis, Director of Sustainability at Essential Properties Realty Trust (EPRT). The article detailed how EPRT partnered with Budderfly to resolve persistent HVAC issues at a Florida Zaxby's location where multiple contractors had previously failed to identify the root cause — disconnected ductwork pulling 150°F attic air into the dining room, leaving temperatures at a sweltering 85°F.

Hartford Business Journal: Energy firm Budderfly tops $1B in funding, launches battery storage rollout

Budderfly — Fri, 12 Jun 2026 16:38:39 GMT

April 21, 2026 - Budderfly founder and CEO Al Subbloie was featured in Hartford Business Journal, highlighting the company's milestone of surpassing $1 billion in total capital raised following a $550 million debt facility expansion led by Global Infrastructure Partners, part of BlackRock. The article also covered Budderfly's launch of its "Energy Lake" battery storage offering, now rolling out at 11 locations, and the company's more than $250 million in revenue last year.

Facilities Dive: Energy Service Contracts Grow as Operators Look to Spread Costs

Budderfly — Fri, 12 Jun 2026 16:33:42 GMT

April 9, 2026 - Budderfly was featured in Facilities Dive as part of a broader look at the growing energy-as-a-service market, which is projected to expand from $42.7 billion in 2025 to $101.2 billion by 2035. The article highlighted Budderfly's expansion beyond its roots in chain restaurants and convenience stores into big box retail and small-scale manufacturing, as well as its $550 million debt facility and growing patent portfolio.

Facilities Dive: Contracts keep many facilities safe from near-term energy shocks

Budderfly — Fri, 12 Jun 2026 16:29:11 GMT

April 1, 2026 - Budderfly Chief Administrative Officer and General Counsel Tom Flynn was quoted in Facilities Dive on how energy contracts and utility regulations are shielding many commercial facilities from the immediate impact of rising energy prices.

Budderfly Expands Partnership with Nuveen Energy Infrastructure Credit

Budderfly — Tue, 02 Jun 2026 14:54:39 GMT

Follow-on investment brings Budderfly’s total capital access to over $1.1 billion across equity, corporate debt, and project financing vehicles

Al Subbloie Named to Hartford Business Power 50

Budderfly — Tue, 07 Apr 2026 18:37:18 GMT

April 6, 2026 - Budderfly CEO Al Subbloie has been recognized on Hartford Business Journal’s Power 50 list, celebrating the most influential business, civic, nonprofit, and other leaders shaping Connecticut’s economy.

Budderfly Named to FT Fastest-Growing Companies

Budderfly — Thu, 02 Apr 2026 17:05:25 GMT

April 2, 2026 - Budderfly has been awarded on the Financial Times list of The Americas’Fastest Growing Companies 2026. This prestigious award is presented by Financial Times and Statista Inc., the world-leading statistics portal and industry ranking provider. Budderfly was ranked #2 in energy and utilities.