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Kajima and Griffin Real Estate to acquire Polish onshore renewable developer

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Kajima and Griffin Real Estate to acquire Polish onshore renewable developer
Source: PAD-RES

Kajima Europe, the pan-European real estate investment and development company, together with Griffin Real Estate, a leading private equity investment company, has announced the establishment of a joint venture to finance and develop renewable energy projects located in Poland. As part of the deal, the JV has acquired a 72 percent stake in PAD-RES, a leading developer in the clean energy asset space in Poland.

The companies plan to focus on the further development of…

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