PAD RES

PAD RES secures €54 million investment from Polish Development Fund for two solar farms in Pomeranian Voivodeship with 117 MW capacity, 140 hectares coverage. Electrum chosen as general contractor to strengthen market position for energy transition 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 renewables developer PAD RES has secured a €38m bridge loan to support the construction of 14 fully merchant solar PV projects with a total capacity of 76MWp.

Polish financier Griffin Capital Partners claimed its associated neighborhood clean power programmer PAD RES will certainly build 10 solar (PV) farms with a complete capacity of 45.5 MW in 5 different provinces of Poland.