Careers
Portal Login
Budderfly
  • Energy as a Service
    • Equipment
    • Smart Technology Monitoring
    • How We Innovate
    • Measuring & Billing Technology
  • Who We Serve
    • Restaurants
    • Corporate & Enterprise
    • Hospitality
    • Healthcare & Fitness
    • Schools & Universities
    • Retail
  • Resources
    • Blog
    • Case Studies
    • Thought Leadership
    • News
  • About
    • Executive Team
    • Leadership
    • Board of Directors
    • Mission
Let’s Talk
  • Energy as a Service
    • Equipment
    • Smart Technology Monitoring
    • How We Innovate
    • Measuring & Billing Technology
  • Who We Serve
    • Restaurants
    • Corporate & Enterprise
    • Hospitality
    • Healthcare & Fitness
    • Schools & Universities
    • Retail
  • Resources
    • Blog
    • Case Studies
    • Thought Leadership
    • News
  • About
    • Executive Team
    • Leadership
    • Board of Directors
    • Mission
Careers
Portal Login

Canary Media: A Novel Way To Improve Energy Efficiency- Take Over the Utility Bill

Canary Media: A Novel Way To Improve Energy Efficiency- Take Over the Utility Bill

January 23, 2024 – Canary Media shared an article spotlighting Budderfly’s $400 Million Debt Facility from Vantage Infrastructure and Nuveen and Budderfly’s innovative business model.  

“On Tuesday, Budderfly announced a $400 million debt facility originated by Vantage Infrastructure and co-led by the Energy Infrastructure Credit team at Nuveen aimed at scaling up this approach. The funding adds to a $500 million commitment from Partners Group, the Swiss private equity firm that bought a majority stake in Budderfly in November 2022. 

So far, Budderfly has been able to reduce the utility costs for the restaurants, retail stores, fitness centers and other customers it serves by an average of 30 to 35 percent, Subbloie said. The company bills its customers for energy at a 5 percent discount to their utility bills to provide them immediate savings, covers its own payback costs with the next 15 percent or so of savings, and earns its revenue from additional savings up to about 30 percent, he said. And it splits any savings beyond that with the customer.”  

Read the full article here.  


Recent Posts

11 Sustainable Lifestyle Tips from Budderfly Employees

May 01, 2025 02:19:25 PM

INFOGRAPHIC: How Much Budderfly Customers Saved in 2024

Apr 30, 2025 09:41:24 AM

Unlocking Energy Savings: The Role of Preventive Maintenance

Apr 28, 2025 12:25:43 PM

Contact us

Email: info@budderfly.com

Phone: (855) 659-4190

Address: 2 Trap Falls Road, Suite 300
Shelton, CT 06484

Get updates straight to your inbox:


Subscribe to receive regular updates straight to your inbox.

Budderfly

2 Trap Falls Road, Suite 310
Shelton, CT 06484
(855) 659-4190

Contact Us
    • Energy as a Service
    • Who We Serve
    • Resources
    • Blog
    • In the News
    • Case Studies
    • About
    • Careers
Inc 5000 Logo
© 2023 Budderfly
  • Privacy Policy
  • Accessibility Statement
  • Sitemap
  • Patents
Portal Login