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.
The investments’ operational renewable capacity exceeds 500MW, placing the platform at the forefront of Poland’s emerging renewable energy sector. In September, 2021, Griffin, together with Kajima Europe, the pan-European real estate investment and development company, acquired a 72% stake in PAD-RES. According to the plans, the platform will initially focus on the development of the existing portfolio, with a view to acquiring new projects and pursuing greenfield opportunities. Griffin Capital Partners is a co-owner and acts as investment manager of the platform.