Allianz Trade backs Poland’s green energy projects

Allianz Trade is backing Poland’s energy transition through its Surety Green2Green guarantees, securing five photovoltaic farm and power plant projects implemented by ONDE, one of the country’s largest renewable energy contractors.

Under the Green2Green model, premiums from the guarantees are invested in certified green bonds, creating a circular system that channels funds back into sustainable initiatives.

“Guarantee support for projects implemented by ONDE is more than just a business transaction. By providing Green2Green insurance guarantees, we are contributing to the broader goal of accelerating the energy transition in Poland. Across Allianz Trade globally, we have so far supported and been involved in dozens of Surety Green2Green projects in many countries, including Germany, Italy, France, Sweden, Denmark Singapore and now Poland, among others. This is a significant milestone for Allianz Trade and a step towards a more sustainable future for us all. By holding premiums as investments in certified green bonds, we are creating a circular economy model that continuously drives progress in sustainable development.” – Andrzej Puta, Director of the Insurance Guarantee Office at Allianz Trade in Polska.

“The partnership with Allianz Trade on projects covered by Green2Green guarantees provides ONDE with significant support in implementing investments that require both solid financial foundations and the highest environmental standards. We are pleased that this model allows us not only to accelerate the development of green energy infrastructure in Poland, but also to build economic value in a responsible and sustainable manner. Together, we are creating a mechanism in which financial stability goes hand in hand with accelerating the energy transition.” – Paweł Średniawa, Vice President of ONDE S.A.