Green Investment Bank: Privatisation

(asked on 22nd June 2017) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish the cost-benefit analysis conducted for the sale of the Green Investment Bank.


Answered by
 Portrait
Claire Perry
This question was answered on 29th June 2017

The Government has followed best practice in the sale of Green Investment Bank (GIB) including preparation of detailed business cases assessing the options available. The sale of GIB to Macquarie meets the Governments objectives for this process including securing value for money for taxpayers.

The Government will provide a full report to Parliament on the sale of the Green Investment Bank on completion of the transaction.

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