Tech Company Financing Transactions
Palladium Energy Funding Round
On 10/24/2023, Palladium Energy raised $10 million in funding from Ultra Capital.
Transaction Overview
Company Name
Announced On
10/24/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Ultra Capital (Lead Investor)
Proceeds Purpose
The investment will be utilized to accelerate the growth of the team and development pipeline with a continued focus on originating, acquiring and developing high-quality solar and storage projects.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
4446 Hendricks Avenue
Jacksonville, FL 32207
USA
Jacksonville, FL 32207
USA
Phone
Undisclosed
Website
Email Address
Overview
Palladium Energy is committed to providing sustainable renewable energy across the country for a brighter and cleaner future. Palladium is national energy infrastructure development and project finance firm focused on providing value through efficient but thorough execution, extensive project development experience, broad market reach, and creative financing structures. Palladium invests and develops utility-scale solar and solar+storage projects across the United States. With a combined 35+ years of experience in the energy sector, Palladium is poised to create opportunity in the renewables industry, capitalizing on the current state of macro market trends and commercial market dynamics.
Management Team
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