Julie Elliott – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Julie Elliott on 2015-12-09.

To ask the Secretary of State for Business, Innovation and Skills, if he will ensure that the Green Investment Bank continues to pursue its principal objectives after its privatisation.

Anna Soubry

The Government is seeking to sell the Green Investment Bank (GIB) so it can grow and increase its impact in green sectors, free of the restrictions of being in the public sector.

GIB has over £2bn in existing and successful green investments, and employs seventy green sector specialists. This unique green specialism is what will attract investment from investors

As a key part of any sale discussions, the Government will be asking potential investors to confirm their commitment to GIB’s green values and investment principles and to set out how they propose to protect them.