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

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.

"Nuveen's continued investment is a powerful validation of our model and the growing demand for energy infrastructure solutions in the commercial sector," said CEO Al Subbloie. "Our ability to scale is underpinned by strong financial performance, including achieving positive EBITDA in 2025, and this additional capital enables us to build on that momentum."

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