Pad Res Plants 117MW Solar Duo in Poland
- Pad Res, an innovative Polish developer, is set to construct two 117MW solar photovoltaic farms in the Pomeranian Voivodeship. Kajima Europe and Griffin Capital Partners acquired majority shares in Pad Res to drive their renewable energy portfolio to 500MW. Electrum Holding is the general contractor for the project, which marks a major shift in Poland's green transformation.
Polish developer Pad Res is set to break ground on two solar photovoltaic farms in the Pomeranian Voivodeship with a total capacity of 117MW. Electrum, a technological and consulting group, has been appointed as the general contractor for both investments. Kajima Europe and Griffin Capital Partners acquired majority shares in Pad Res in September 2021, bringing their renewable energy portfolio up to 500MW. Jędrzej Socha, senior vice president investments at Griffin Capital Partners, said: “At Griffin Capital Partners, we perceive this sector as particularly attractive, and our Pad Res platform enables us to actively participate in Poland's green transformation." Strategy & development director at Electrum Holding Jacek Popławski added that their companies have the potential to collaborate on future projects. This announcement marks a significant shift in the Polish renewable energy market, demonstrating the commitment of investors and developers to support the nation's green transformation.
What Role Does Pad Res Play in Poland's Green Transformation?
- Pad Res has the potential to play an important role in Poland's green transformation.
- The two solar photovoltaic farms in the Pomeranian Voivodeship mark a significant shift in the Polish renewable energy market.
- Pad Res, Kajima Europe, and Griffin Capital Partners have acquired majority shares in the company, bringing their renewable energy portfolio up to 500MW.
- Pad Res has the potential to collaborate with other companies on future renewable energy projects.
- Pad Res has the resources and capabilities to help Poland move towards greater sustainability.
- The company's commitment to the nation's green transformation is evident in its recent investments.
