Palladium Energy secures $66 million development financing from Voya Investment Management for 300 MW South Carolina solar portfolio

Type: Financing · Technology: Solar · Country: United States · Capacity: 300 MW · Value: $66M · Announced: 2026-07-08

Palladium Energy closed a $66 million development loan facility with Voya Investment Management to advance a portfolio of utility-scale solar projects in South Carolina totaling over 300 MW. The financing supports advanced-stage projects with executed long-term offtake agreements, marking a key milestone in Palladium's broader U.S. power and digital infrastructure pipeline. Voya Investment Management's Direct Infrastructure team provided the capital as part of its commitment to financing renewable energy projects and accelerating the energy transition. The transaction underscores Palladium's execution capabilities and its strategic focus on high-value, late-stage solar developments across the country. Legal advisory for Voya was handled by King & Spalding, while Barnes & Thornburg represented Palladium Energy, with U.S. Bank serving as administrative agent for the financing facility.

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