Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, which projects have received funding from UK Climate Investments; and how much of that funding has been spent to date.

UK Climate Investments has so far has completed one investment, in a partnership platform alongside UK solar company Lightsource BP to fund the development, acquisition and ownership of large scale solar power generation assets in India. The construction of an initial 60MWp project in the Indian state of Maharastra is underway.

UK Climate Investments has earmarked up to £30m in aggregate for this project and for a broader partnership with Lightsource to develop and construct up to a total of 300MW of PV projects. Just over £5.2m has been spent to date by UK Climate Investments on this project, including due diligence and other transaction costs.