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Palladium Energy
Palladium Energy – National energy infrastructure development and project finance firm
About Palladium Energy
Based in Jacksonville, Florida, Palladium Energy operates as a national energy infrastructure development and project finance firm. Founded in 2019 by Mark Mirabito, Nobel Chang, and Danny Weidlich, the company focuses on the origination, acquisition, development, and financing of utility-scale solar and energy storage projects throughout the United States. The business model centers on creating value through extensive project development experience, leveraging broad market reach, and employing creative financing structures to advance renewable energy infrastructure. Palladium Energy generates revenue by developing and selling portfolios of energy projects to asset managers and other entities in the renewable sector.
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The three co-founders bring a substantial history in the energy sector to the venture. CEO Danny Weidlich, who leads project finance, M&A, and capital raising, previously held roles at financial institutions and directed project finance at NTE Energy and led structured finance and M&A at Pine Gate Renewables. Nobel Chang, who heads business development and market strategy, has been involved in originating and developing both distributed generation and utility-scale solar projects since 2009 across the U.S. and internationally. Mark Mirabito oversees project development and operations, with a career that started in the mid-2000s developing solar, wind, and biomass projects before taking on leadership roles at NTE Energy. Their collective experience spans developing, financing, constructing, and operating a variety of energy projects, including solar, wind, gas, and biomass.
Palladium Energy's core service involves the end-to-end development of utility-scale solar and solar-plus-storage projects. This includes identifying opportunities, site acquisition, due diligence, advancing projects through interconnection queues, and managing community engagement. The company partners with landowners, offering them long-term lease or purchase agreements that provide a reliable source of passive income. A significant milestone was achieved in October 2023, when Palladium Energy secured a $10 million corporate equity investment from Ultra Capital to accelerate the growth of its team and development pipeline. The firm has been involved in developing a substantial portfolio, with figures indicating the development of a 4GW solar and storage portfolio across major U.S. energy markets. In April 2025, the company, through a joint venture, announced the sale of a 364MW solar plus 280MWh storage portfolio to Exus Renewables North America.
At a glance
- Founded
- 2019
- Headquarters
- Jacksonville, United States
- Sector
- Energy
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Investors
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Series B and later1 investor entered at this stage
Ultra Capital
Source: Dealroom Talent Intelligence.
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