June 12, 2024 - Facilities Dive shared a Q&A featuring Budderfly CEO Al Subbloie.
"Budderfly, under the leadership of founder and CEO Al Subbloie, aims to help accelerate sustainability efforts across the built environment. The company is a commercial heat pump end user and a manufacturing partner in the U.S. Department of Energy’s Commercial Building Heat Pump Accelerator program, which aims to make higher-efficiency rooftop heat pump technology available as soon as 2027.
In January, Budderfly secured $400 million in financing from Nuveen and Vantage Infrastructure to expedite clean energy technology adoption across small- and mid-sized commercial and nonindustrial facilities. About a month later, it announced a 12-month pilot at UConn Health to install and deploy its proprietary HVAC equipment with the goals of helping the healthcare system cut energy costs and expanding its own services to the government sector. More recently, Budderfly announced in April that it is deploying its model at Craveworthy Brands’ restaurants to help the business cut energy consumption by an estimated 30% at each site.
In a conversation with Facilities Dive, Subbloie discussed the uptake and potential benefits of heat pumps in U.S. commercial buildings, Budderfly’s business model and strategies for sustainability in energy management."
Read the full article here.