Business, Innovation and Skills written question – answered at on 9 November 2010.
To ask the Secretary of State for Business, Innovation and Skills pursuant to the oral answer of 20 October 2010, Official Report, column 985, on the Green Investment Bank, which Government assets he plans to sell to provide funding for the proposed Green Investment Bank; how much funding he expects to be raised from each asset sale; and what proportion of the funding accruing from each asset sale will be allocated to the Green Investment Bank.
To give information on expected proceeds from individual asset sales would prejudice the Government's commercial position in ongoing and future sale processes. However, at an aggregate level, the Government are confident that the asset sales they are considering will be sufficient to provide significant additional funding above the £1 billion allocated to the Green Investment Bank from departmental budgets. It will make further announcements on this funding stream in due course.
Yes0 people think so
No8 people think not
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