Allianz Trade supports Poland's energy transition by securing insurance guarantees for projects related to the development of the photovoltaic farm and power plant market, implemented by the listed company ONDE.
“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,” says Andrzej Puta, Director of the Insurance Guarantee Office at Allianz Trade in Polska.
By choosing Allianz Trade’s Surety Green2Green product, ONDE has confirmed that the principles of sustainable development are important in its long-term development strategy. Green2Green guarantees enable ONDE to implement projects related to low-carbon technologies, which are crucial for the transition to a net-zero economy.
“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,” comments Paweł Średniawa, Vice President of ONDE S.A.
Maxime Demory
+33 06 46 21 72 69
maxime.demory@allianz-trade.com
Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network analyses daily changes in +83 million corporates solvency. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 50 countries with 5,700 employees. In 2023, our consolidated turnover was € 3.7 billion and insured global business transactions represented € 1,131 billion in exposure.
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