Palladium Energy has entered into a joint venture agreement with Inverdale Energy Partners to form Palladium Energy Development.

The company will develop an initial portfolio of 500 megawatts of utility-scale solar and solar + storage projects across the United States leveraging the development and capital markets expertise of both Palladium and Inverdale.

“This partnership empowers our team to develop a significant pipeline of solar and solar + storage projects, and satisfy the rapidly growing demand for renewable energy from states, utilities and corporate power purchasers across the country.”

Nobel Chang, managing partner at Palladium.

“Palladium is committed to providing low-cost, renewable energy to communities across the United States and is proud to partner with Inverdale in furtherance of that objective.”

Danny Weidlich, managing partner at Palladium.

“Palladium has a talented executive team and a high-quality pipeline. We look forward to locating and advancing capital investment opportunities in the renewable energy space with Palladium as a partner.”

Richard Carrell, managing director at Inverdale.