Articles from Budderfly

Budderfly, one of the fastest growing energy companies in the U.S., today 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, one of the fastest growing energy companies in the U.S., today announced a record pace of innovation, with 21 patents filed and 4 patents granted in 2025—the highest annual filing total in the company’s history. Budderfly’s portfolio now stands at 34 granted patents, 2 allowed patents, and 34 pending patent applications. This milestone expands Budderfly’s proprietary systems and reinforces its leadership in distributed energy optimization.

Budderfly, one of the fastest growing energy companies in the U.S, today announced that its Virtual Power Plant (VPP) platform has been recognized by TIME as one of the Best Inventions of 2025, featured in the publication’s annual list of groundbreaking innovations shaping a more sustainable future. Budderfly’s VPP appears in the Sustainability category of this year’s issue.

Budderfly, one of the fastest growing energy companies in the US, and OEM Controls, a leader in design and development of electrohydraulic controllers for over 55 years, today announced a large-scale energy efficiency partnership expected to cut the facility’s annual energy use by more than 30%.

Budderfly, one of the fastest-growing energy companies in the United States, today announced it has surpassed $250 million in revenue run rate, achieving an average of 66% year-over-year growth for three consecutive years. Even amid policy and economic uncertainty, demand remains strong for Budderfly’s model, which helps commercial facilities preserve capital, strengthen operational resilience, and deliver measurable environmental benefits. Over the past 12 months, Budderfly expanded its energy under management by 46%, growing from 233.8 megawatts (MW) to 340.8 MW, and delivered a 39% increase in energy savings and carbon emissions reductions across its customer portfolio.

Budderfly, the preferred sustainability partner for commercial businesses, today announced a significant expansion of its Virtual Power Plant (VPP) platform, activating real-time demand response across four of the country’s largest energy markets: California Independent System Operator (CAISO), Independent System Operator (ISO) New England, Pennsylvania-New Jersey-Maryland (PJM) Interconnection, and Southwest Power Pool (SPP) service territories.

Budderfly, the leading energy as a service company, announced it has secured an additional $100 million in debt financing from Nuveen Energy Infrastructure Credit (Nuveen EIC) to accelerate the deployment of scalable, holistic energy solutions tailored for energy-intensive buildings across the United States. This latest facility brings Budderfly’s total capital raised to over $1 billion.

Budderfly, a leading energy as a service company, and The Gilman Brothers Company, a 128-year-old, family-owned manufacturer of foamboard products based in Connecticut, today announced a $1.5 million solar project to drive substantial operational and environmental impact. Over the 15-year agreement, Budderfly expects to lower Gilman Brothers’ annual energy costs by up to 30% and cut carbon emissions from electricity consumption in half—equivalent to 9,000 metric tons, or removing nearly 2,100 gasoline-powered cars from the road.

Headline and first paragraph of release should read that Budderfly is ranked second in the energy category (instead of first).

Budderfly, the preferred sustainability partner for commercial businesses, today announced that it continues to experience significant growth, projecting nearly $200 million in annual recurring revenue in 2024. The company’s year-over-year expansion is driven by a 72% increase in energy under management across nearly 7,000 sites, including new brands such as Jamba Juice, Orangetheory, LifeSpan Fitness, Uno Pizzeria & Grill, Applebee’s, Wedgewood Pharmacy, and more.

Budderfly, the preferred sustainability partner for commercial businesses, today announced that it has acquired a grid-edge distributed energy resource management system (DERMS) from Sunverge Energy. Using Sunverge’s technology, Budderfly can aggregate distributed energy resources (DERS) across its sites, positioning it to create virtual power plants (VPPs) capable of providing flexibility to the grid, increasing resiliency for customers and growing new revenue streams. With greater control over its energy infrastructure value chain, from equipment installation to billing, Budderfly is creating a first-of-its-kind end-to-end VPP.

Budderfly, the preferred sustainability partner for commercial businesses with repeatable footprints, is partnering with trade schools nationwide to address the persistent lack of qualified “high tech” skilled labor in the HVAC/R industry. The partnership will focus on training energy technicians, with Budderfly investing in state-of-the-art energy technologies, including heat pumps, ultra-high-performance HVAC units, and advanced HVAC control systems. The trade schools will deliver hands-on training, unlocking an accelerated path to growth and helping build a skilled workforce for the clean energy economy.

Budderfly, the premier Energy as a Service (EaaS) partner for commercial businesses with repeatable footprints, announced today that it has added water conservation technologies to its suite of energy savings solutions through a strategic acquisition. The addition of water conservation technologies to Budderfly’s existing portfolio of energy efficiency solutions will help its customers reduce on-site water usage by 20-30%.

Budderfly, the premier Energy as a Service (EaaS) partner for institutional and commercial facilities, today announced a partnership with the Perry School Community Services Center, Inc. (PSCS or Perry Center), to deploy energy-saving technology at the organization’s community center in Washington, D.C. This partnership expands Budderfly’s footprint in the nonprofit sector and underscores the unique ability of the company’s business model to scale access to sustainability solutions and cost savings, from mid-market businesses to public institutions and nonprofit organizations.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, today announced a corporate partnership with restaurant platform company Craveworthy Brands to drive down energy consumption at Cravewothy’s corporate and franchise-owned restaurants. Craveworthy Brands owns, operates, and franchises multiple restaurant brands across the country, including Genghis Grill: where Budderfly’s Energy as a Service (EaaS) offering will first be rolled out to 21 corporate-owned restaurant locations and 11 franchise locations over time, generating an estimated 30 percent reduction in energy usage at each site. This corporate partnership underscores the impact and scalability of Budderfly’s solution. The cost-saving and sustainability outcomes stemming from this partnership will establish a new benchmark for sustainability across the approximately 200 other current and planned restaurant locations within the Craveworthy umbrella.

Budderfly, the premier sustainability partner for commercial businesses with repeatable footprints, today announced it has secured a $400 million senior debt facility originated by Vantage Infrastructure (“Vantage”) with the financing co-led by Vantage and the Energy Infrastructure Credit team at Nuveen to support Budderfly’s next stage of growth and help accelerate clean energy technology adoption across the mid-market, comprised of small- and mid-sized commercial and non-industrial facilities, which make up the vast majority of businesses in the United States.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, today announced a strategic partnership with Fujitsu General America, Inc. (“FGAI”), a subsidiary of one of Japan’s leading provider of air conditioning and heat pumps equipment Fujitsu General Limited, to develop and deploy high-efficiency energy technologies for mid-market businesses across the United States.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, and Ryders Health Management, a family-owned management company for independent skilled nursing and rehabilitation centers, yesterday celebrated the completion of a 317 kW rooftop solar installation at Ryders’ Mystic Healthcare Nursing and Rehabilitation Center in Mystic, Connecticut. Budderfly and Ryders executives were joined by State Senator Heather Somers (R-18), Representative Greg Howard (R-43), Representative Aundré Bumgardner (D-41), and Deputy Commissioner of the Connecticut Department of Energy and Environmental Protection (DEEP) Hank Webster for a ribbon-cutting ceremony.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, today announced that it has added 834 new customer sites to its portfolio of sustainable franchise restaurants so far this year, representing new brands including Checkers, Golden Corral, Five Guys, Culver’s, Del Taco, and Popeyes. Since January 2023, Budderfly has achieved nearly 200 percent growth in YoY bookings and now delivers Energy as a Service (EaaS) solutions to more than 5,000 customer sites across the U.S. Across customer sites, Budderfly has saved over $25 million in energy costs to date.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, recently announced that energy services leader Scott Avirett has joined the company as Chief Operating Officer (COO). Avirett will lead the development and implementation of an integrated customer experience and delivery strategy to ensure operational excellence and meet rapidly growing demand for Budderfly’s sustainability services across North America.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, announced today a high-volume contract with Carrier, a world leader in high-technology heating, air-conditioning and refrigeration solutions, to deploy thousands of Carrier’s most efficient commercial packaged rooftop units to small and medium-sized businesses across America, primarily fast food, quick service and casual dining restaurants. This agreement will enable Budderfly’s customers to start saving and accelerate the reduction of their carbon emissions.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, today announced that Mystic Manor Healthcare will receive solar panels to provide additional energy savings as part of Budderfly’s holistic, single-vendor solution for outsourced energy management. Budderfly’s solutions will deliver more than 3,400 MWh of energy savings and produce 3,500 MWh of onsite solar energy over the course of Ryders’ 10-year contract. The impact on carbon emissions reduction is the equivalent of taking 1,038 gasoline-powered cars off the roads for a year.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, today announced a significant expansion of its partnership with O’Charley’s and 99 Restaurants, both operated by Restaurant Growth Services, LLC. Budderfly’s Energy Efficiency as a Service offering will be rolled out to 175 restaurants, which comprises 70 percent of both brands’ total locations.

Budderfly, the fastest growing Energy-Efficiency-as-Service (EEaaS) provider in the U.S., today announced the appointments of six seasoned senior executives to its board of directors, with backgrounds spanning Fortune 500 corporations, industry-leading energy companies, global private markets firms, and banks.

Budderfly, the fastest growing Energy-Efficiency-as-Service (EEaaS) provider in the U.S., today announced it is on track to make 2022 a record-breaking year in terms of revenue growth, new customers, and overall business expansion. Budderfly currently has more than 3,000 customer sites across 49 states and is branching out from its core franchise markets into retail, healthcare, fitness, and REITs.

Budderfly, the premier sustainability partner for businesses with repeatable footprints, today announced a partnership with Centralized Supply Chain Services (“CSCS”), the exclusive supply chain cooperative for the IHOP and Applebee’s systems. The new master supplier agreement makes available a customized energy efficiency program for its 3,300+ Member restaurants to upgrade lighting, HVAC, refrigeration, and cooking equipment at no out-of-pocket cost.

Refrigerated Solutions Group (RSG), an industry leader in refrigerated equipment and service, and Budderfly, one of the country’s fastest-growing providers of comprehensive energy management solutions, today announced the results of energy efficiency pilot projects across two Subway restaurant locations using RSG’s Capsule Pak ECO™. Capsule Pak ECO™ is a new, self-contained refrigeration system for indoor walk-in coolers and freezers. Findings from the pilot show that the Capsule Pak ECO™ system can save quick service restaurants (QSRs) an average of 50% on their walk-in refrigeration unit’s energy bills, and more when combined with Budderfly’s energy efficiency as a service (EEaaS) solutions.