The EIB and EIF plan to mobilize PLN 860 million in financing to support Polish SMEs and households investing in EVs, solar panels, and energy-efficiency projects
Through a synthetic securitization structure, the EIB Group guarantees part of Santander Consumer Bank’s loan portfolio, freeing capital to issue new green loans
The initiative is aligned with the EU’s REPowerEU plan to promote distributed solar
The European Investment Bank Group (EIB), the European Investment Fund (EIF), and Santander Consumer Bank (SCB) have signed an agreement to mobilize PLN 860 million for financing in Poland. The initiative aims to support small and medium-sized enterprises (SMEs) and households purchasing electric vehicles (EVs) or installing solar panels.
Under the synthetic securitization deal, the EIB Group guarantees a portfolio of SCB consumer loans, allowing the bank to free up capital for new lending. Its PLN 429 million investment will help generate about twice that amount in new loans for green projects such as EVs, solar panels, and energy efficiency.
The EIF provides risk protection to SCB for the mezzanine tranche of a PLN 3.9 billion consumer loan portfolio that includes cash and hire-purchase loans.
As the ultimate risk-bearer under the agreement, EIB says it aims to improve access to finance for Polish individuals and businesses to invest in EVs and solar panels, aligned with the European Union’s (EU) REPowerEU plan for affordable, clean energy.
“Securitisation is a smart way of generating more resources for shared European priorities, especially advancing the green agenda to support energy security and reduce costs for businesses and individuals. The latest geopolitical developments have only come to underline the importance of these efforts,” said EIF Chief Executive Marjut Falkstedt.
Solar installations in Poland declined for the 2nd consecutive year in 2025, mainly due to slower growth in the residential and small commercial segments. While earlier growth was driven by strong household adoption under the net-metering support scheme, installations slowed after the program was phased out. According to SolarPower Europe’s EU Solar Market Outlook 2025-2030, while the ‘My Electricity’ support scheme has record funding, the rooftop solar market in Poland has stabilized at about half of its 2023 level (see EU Solar Growth Slows With First Annual Dip Since 2016).
Nevertheless, the country is encouraging the adoption of distributed solar as it promotes energy resilience of its communities. As part of its National Recovery Plan, Poland announced state support worth PLN 264 million for 3,733 solar PV installations, 2,737 energy storage systems, and 326 heat pumps, along with PV and wind farms in December 2025 (see Poland’s PLN 264 Million Support For Renewables & Storage).
