mBank and PGGM closed a PLN 3.8 billion EU-compliant deal to share credit risk, backing renewable energy in Poland.

mBank and PGGM have completed a PLN 3.8 billion credit risk sharing deal, the largest of its kind in Central and Eastern Europe, primarily backing renewable energy projects like wind and solar. The transaction, structured under EU SRT rules, supports Poland’s energy transition and mBank’s sustainability goals, including a target to allocate 15% of corporate credit to sustainable finance by 2030. It strengthens mBank’s capital, advances its 2026–2030 strategy, and offers PGGM and its investor PFZW a sustainable investment opportunity in the region, consistent with their ESG-focused approach. This marks the third SRT deal between the two in three years.