BlackRock’s Infrastructure Arm Leads $250 Million Bet on Commercial Building Efficiency as a Grid Asset
by POWER from POWER Magazine on (#74GQ9)
Global Infrastructure Partners (GIP), a part of investment giant BlackRock following its acquisition in 2024, has led a $250 million upsizing of Budderfly's debt facility, bringing the total facility to $550 million and boosting the Shelton, Connecticut-based Energy-as-a-Service (EaaS) company's cumulative capital base well past $1 billion. The transaction, announced on March 25, also includes [...]
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