Bank Gospodarstwa Krajowego (BGK), Poland’s national development back, has made a €25m commitment to Eiffel Investment’s EU renewable energy infrastructure projects fund.
The Eiffel Transition Infrastructure Fund specialises in supporting energy projects at development stage and BGK said its investment was “directed toward the acceleration of the funding of the development and construction of renewable energy projects in Poland”.
As part of BGK’s 2030 strategy, the bank plans to increase its capital deployment, including through investments in infrastructure funds, it said.
Jarosław Dąbrowski, member of the management board at Bank Gospodarstwa Krajowego, said: “The Polish economy needs new investments to enhance its competitiveness and decarbonising our high-emission energy sector is a top priority. The structure of our energy mix reduces the competitiveness of the Polish economy.
“Hence, to change this structure significant investments in clean energy are necessary. As a development bank, BGK’s role is to help close the investment gap in the market – a priority reflected in our BGK2030 strategy. That’s why we are increasing our investment in Poland’s energy transition.”
Fabrice Dumonteil, CEO of Eiffel Investment, said: “We are proud to welcome BGK as an important partner in our Eiffel Transition Infrastructure Fund. This commitment marks a significant milestone in our mission to accelerate the energy transition across Europe. We were amongst the first European managers investing in the Polish renewable energy sector, and with BGK’s support, we will further ramp up new green energy capacity in the country.
“This partnership reflects our shared ambition to drive impactful investment in clean infrastructure and support Poland’s path toward transition and energy independence.”
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