Poland's BGK invests €25 million in pan-European biomethane fund
BGK put €25 million into SWIFT 3, backing biomethane projects that could produce nearly 20 million cubic meters a year. The bank tied the move to Poland’s energy independence.
Bank Gospodarstwa Krajowego on June 24 committed €25 million to SWEN Capital Partners’ SWIFT 3 infrastructure fund, backing biogas and biomethane projects that could produce nearly 20 million cubic meters of biomethane a year. The money will support projects in Poland and across Europe.
SWIFT 3 had already reached a €440 million close when SWEN Capital Partners announced on January 29, 2026, that it had reached that level, about half of the vehicle’s fundraising target. SWIFT 3 is built to accelerate decarbonisation in hard-to-abate sectors through renewable molecules, including biomethane, e-fuels and biofuels, with greenfield and early-stage infrastructure investments in Europe and other OECD markets. The new fund is also meant to outsize SWIFT 2, which closed at €715 million.
The Polish biomethane market is still thin. BGK’s analysis put Poland at about 400 biogas plants and one biomethane plant operating in 2025, with another 30 biomethane projects under way. It put annual biomethane output at about 5 billion cubic meters by 2035.
The European Biogas Association’s 2025 European Biomethane Map counted 1,678 biomethane plants across Europe, up from 1,548 in the prior dataset. Biogases are strategically important for Europe’s energy independence and defossilisation pathway, even as regulatory uncertainty slows growth. The investment also aligns with the European Commission’s REPowerEU objective of partially replacing Russian gas imports with biomethane.
The fund is drawing institutional money from beyond Poland. The European Investment Fund and Spain’s COFIDES are among the other investors, and on October 16, 2025, COFIDES committed €50 million through its FOCO co-investment fund, its first investment in a biomethane-focused vehicle.
This article was produced by Prism’s automated news system from verified source data, official records, and press releases, then run through automated quality and moderation checks before publishing. The system is built and supervised by the people who set the standards it runs under. Read our full AI policy.
Did this article answer your question?
