Kajima Europe and Griffin Capital Partners Acquire Majority Stake in Hymon

  • Hymon has an installed solar PV capacity track record of approximately 472 MW.
  • Kajima Europe, and Griffin Capital Partners, have acquired a 70 per cent stake in Hymon.

Pan-European investment, development, and construction company Kajima Europe and Griffin Capital Partners have acquired a 70 per cent stake in leading Polish solar PV company Hymon, marking the second intervention by the partners in the Polish renewable energy market.

Hymon has an installed solar PV capacity track record of approximately 472 MW. Kajima and Griffin will continue to increase the company’s market position with further product portfolio development and plans to enter new markets. Kajima will be the major investor, with Griffin Capital Partners will act as co-owner and investment manager of the platform. Jacek Strzesak, the founder of Hymon, will remain a 30 per cent shareholder and supervisory board member.

Hymon specialises in delivering turnkey photovoltaic rooftop solutions and heat pumps to private households and industrial and corporate clients. It has been on the Polish market since 2011 and has achieved over 70,000 installations. The company employs approximately 300 workers and co-operates with 800 contract-based sales representatives and 100 contract-based installers, allowing the execution of more than 1,300 photovoltaic installations monthly.

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