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 readyto build, with ca. 120 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. In 2022, PAD RES acquired 10 projects with a total capacity of 250 MW with Grid Connection Conditions. The platform also began construction of the Genowefa PV farm and secured financing for the project from Santander Bank Polska and BNP Paribas Bank Polska.

Griffin Capital Partners is a co-owner and acts as investment manager of the platform.