These projects will have a combined capacity of 117 MW. The solar farms will cover a total area of around 140 hectares and will have the capability to power around 65 000 households.
Electrum, a technological and consulting group operating in the climate tech sector, has been chosen as the general contractor for both investments. Pad Res and Electrum have previously collaborated on the 35 MW Genowefa photovoltaic farm in Kleczew, Central Poland.
In September 2021, Kajima Europe and Griffin Capital Partners acquired majority shares in Pad Res. Since then, the company has been systematically expanding its portfolio. Currently, Pad Res holds projects with secured Grid Connection Conditions exceeding 500 MW.
With another 140 MW of photovoltaic projects to begin construction this year, Pad Res's strategy is focused on expanding its portfolio of renewable energy projects.
“The renewable energy market in Poland is growing, and upcoming changes in the energy mix will necessitate the development of new capacity from renewable sources” said Jędrzej Socha, Senior Vice President Investments at Griffin Capital Partners. “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. The two new investments, with a combined capacity of 117 MW, will significantly expand our portfolio.
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