en.Wedoany.com Reported - US power developer Palladium Energy (Palladium) announced that it has secured a $66 million development loan through Voya Investment Management's renewable energy and sustainable infrastructure debt platform. The funds will support the continued development of an advanced project portfolio in South Carolina, which has signed long-term power purchase agreements with a total capacity exceeding 300 megawatts, forming part of Palladium's pipeline of power and digital infrastructure projects under development across multiple markets.

Danny Weidlich, co-founder and CEO of Palladium Energy, stated that this financing is a significant milestone for the company, reflecting the quality of its platform, team execution capabilities, and project pipeline. Edward Levin, Managing Director and Co-Head of Direct Infrastructure at Voya Investment Management, said the firm is pleased to support Palladium in advancing a high-quality portfolio of utility-scale solar projects, noting that the transaction underscores its ongoing commitment to financing renewable energy projects and partnering with experienced developers.

King & Spalding LLP served as legal counsel to Voya Investment Management, Barnes & Thornburg LLP served as legal counsel to Palladium Energy, and U.S. Bank acted as administrative agent for the financing.

Founded in 2019 in Jacksonville, Florida, Palladium Energy focuses on acquiring, developing, and financing utility-scale power and digital infrastructure projects. Since its inception, the company has built a robust project pipeline spanning multiple states. As of March 31, 2026, Voya Investment Management managed approximately $353 billion in assets, covering public and private fixed income, equities, multi-asset solutions, and alternative strategies, with a 50-year history of active investing and over 300 investment professionals.