Budderfly's Energy Lake: Saving Power, Saving Money

0:00Shelton-based butterfly, founded in 2017 by CEO Al Subloi, helps businesses slash energy bills by up to 30% through smart. Efficiency upgrades. Their core idea is spontaneous generation-saving power by not using it at all. Now, they're leveling up into energy storage with the butterfly energy lake, a battery system that captures unused electricity instead of sending it. Back to the grid, this quarter, they're deploying it at 11 sites, including manufacturer OEM controls in Shelton. The move comes right after boosting their debt facility to $550 million, a $250 million increase led by global. Infrastructure. Partners from BlackRock and Vantage Infrastructure. That pushes their total funding past $1 billion to fuel more customer projects. Subloi says, big investors see the solid returns, especially as demand surges for data centers and reliable power. Customers from restaurants to universities are already cutting costs big time, and this storage tech keeps those savings locked in for peak times.

1:05On the innovation front, Butterfly holds 34 granted patents and has 36 pending with a record 21 filings and 4 grants in. 2025 alone, covering HVAC controls and micro grids. Last year, they pulled in over 250 million in revenue. All this growth landed them second on the financial time list of America's fastest growing energy companies for 2026. With energy demands rising, Butterfly's playing both defense and offense in the efficiency game. Local news, powered by AI. This is Hartford News Today.