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Energy As A Service Provider Expands Debt Facility To $550 Million To Scale Platform, With Upsizing Led By BlackRock Subsidiary

March 25, 2026

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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Budderfly today announced that 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 facility will accelerate deployment of Budderfly-owned energy infrastructure across the U.S. mid-market, including energy-efficient technologies, intelligent building controls, and flexible demand assets," Budderfly said

Vantage Infrastructure increased its commitment to the business, and Nuveen remains a significant participant in the facility, Budderfly said.

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