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.
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.