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Palladium Energy Closes Equity Investment With Ultra Capital To Continue Growth Of Industry-Leading Utility-Scale Solar And Storage Development Platform

PRIVATEOct 24, 2023

Round Type

Venture

JacksonvilleEnergy

Investors

Ultra Capital

Description

Palladium Energy, a leading utility-scale solar and storage developer within the U.S., announced the closing of a $10 million corporate equity investment from Ultra Capital, a private investment firm that provides growth equity and asset capital to companies focused on the energy transition and de-carbonization. The investment will be utilized to accelerate the growth of the Palladium team and development pipeline with a continued focus on originating, acquiring and developing high-quality solar and storage projects.

Quick answer

Palladium Energy raised an undisclosed amount in a funding round, dated October 24, 2023. Investors: Ultra Capital. Palladium Energy is based in Jacksonville, Florida, United States.

How much did Palladium Energy raise?
Palladium Energy raised an undisclosed amount in a funding round on October 24, 2023.
Who invested in Palladium Energy?
Ultra Capital is named as investors in this round.
What does Palladium Energy do?
Palladium Energy is committed to providing sustainable renewable energy across the country for a brighter and cleaner future.
Where is Palladium Energy based and how big is it?
Palladium Energy is based in Jacksonville, Florida, United States.
Who are the decision-makers at Palladium Energy?
Fundz holds 1 contact at Palladium Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy around the same time

Companies in the same sectors as Palladium Energy that raised within 45 days of this round, from Fundz verified event records.

  • International Battery Metals raised $420K (Seed) on December 8, 2023.
  • MDWerks raised $660K on December 7, 2023.
  • Swift Solar raised $25M on December 6, 2023.
  • X-energy raised $235M (Series C) on December 5, 2023.
  • Prospera Energy raised $3.5M (Seed) on December 5, 2023.
  • Waste Energy Corp raised $53K (Seed) on December 5, 2023.

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Company Information

Company

Palladium Energy

Location

4446 HENDRICKS AVENUE #356

Jacksonville, Florida, United States

About

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.

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