SHELTON, Conn.–(BUSINESS WIRE)–Budderfly, an Energy-as-a-Service company with more than 9,000 customer locations nationwide, today announced it will make $500 million in project capital available to help small- and medium-sized U.S. municipalities modernize energy infrastructure. Budderfly’s Modernizing American Cities program is designed to help municipalities upgrade energy infrastructure without taking on debt or drawing on existing capital budgets. Budderfly’s Energy-as-a-Service model is