Palladium Energy, a Jacksonville-based renewable energy company, secured a $66 million loan from Voya Investment Management, the company announced July 7.
The loan will support further development of 300 megawatts in sustainable energy sources in South Carolina, the company wrote in a news release. The development in South Carolina is part of a growing investment into infrastructure across multiple markets.
“This financing marks a significant milestone for Palladium and a strong endorsement of the platform we have built, our team’s execution capabilities, and the high-value, advanced-stage project pipeline we continue to develop,” Danny Weidlich, co-founder and CEO of Palladium, said in the release…