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

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding the Green Investment Bank has provided to projects in Humberside in each fiscal year since its inception.

UK Green Investment Bank plc (GIB) has invested £522.3m into two offshore wind farms in the Humberside area: Westermost Rough in 2013/14; and Lincs in 2016/17. In addition, GIB’s Offshore Wind Fund has invested £641.5m into three offshore wind funds in the Humberside area: Lynn and Inner Dowsing in 2015/16; and Lincs in 2016/17. GIB’s Offshore Wind Fund is managed by GIB’s subsidiary GIB Financial Services Limited, and has raised and invested capital of over £1.1bn.

In addition, some of GIB’s UK wide investment platforms such as its indirect investments in LED lighting upgrades to Santander branches and NCP car parks are likely to have benefitted the Humberside area. Further information on all of GIB’s investments can be found on its website: www.greeninvestmentbank.com