Budderfly

Budderfly is an innovative energy-as-a-service (EaaS) provider that helps businesses reduce energy consumption and costs through a unique outsourced model. The company designs, installs, and finances comprehensive energy-efficient upgrades spanning over 25 categories, including high-performance HVAC systems, LED lighting, refrigeration controls, smart thermostats, solar panels, and IoT devices for metering and optimizing energy usage.

Budderfly specializes in serving businesses with repeatable footprints, such as restaurant chains, retail franchises, assisted living facilities, and medium-sized colleges. Its EaaS model involves no upfront costs for customers. Instead, Budderfly becomes the "utility of record," taking responsibility for paying utility bills and recouping its investment through the resulting energy cost savings over a typical 10-year contract.

The company's proprietary energy intelligence software and patented utility billing interface enable granular monitoring, control, and optimization of energy consumption at each facility. Budderfly's approach has consistently achieved energy cost reductions of 30-35% for its customers. As of 2023, the company served over 6,000 customer locations across the US and generated approximately USD 110 million in revenue.

In July 2022, private markets firm Partners Group acquired a majority stake in Budderfly and committed over USD 500 million to transform it into a multi-billion-dollar infrastructure platform, accelerating its growth and expansion. Budderfly has secured partnerships with industry leaders like Carrier and Fujitsu General America to deploy cutting-edge energy-efficient technologies. The company was also named to the Inc. 5000 list of America's fastest-growing private companies from 2021 to 2023 and the Deloitte Technology Fast 500 in 2023.