PAD RES is a leading developer in the clean energy asset space in Poland. The platform‘s current portfolio comprises solar and wind projects at various stages of advancement, both in development and ready to build, with ca. 350 MW under construction.
The investments’ renewable capacity exceeds 2GW, placing the platform at the forefront of Poland’s emerging renewable energy sector. In September 2021, Griffin, together with the pan-European real estate investment and development company Kajima Europe, acquired a majority stake in PAD RES. The platform is actively originating and acquiring new greenfield opportunities and making acquisitions. Since 2022, PAD RES acquired 13 projects with a total capacity of 450 MW with Grid Connection Conditions.
Griffin Capital Partners is a co-owner and acts as investment manager of the platform.