Green Investment Bank

Department for Business, Innovation and Skills written question – answered on 3rd July 2015.

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Photo of Iain Wright Iain Wright Shadow Minister (Business, Innovation and Skills), Chair, Business, Innovation and Skills Committee

To ask the Secretary of State for Business, Innovation and Skills, with reference to his statement on 25 June 2015, HCWS54 on the Green Investment Bank, what percentage stake in the bank he will seek to maintain following a move into private ownership.

Photo of Anna Soubry Anna Soubry The Minister of State, Department for Business, Innovation and Skills

Decisions on this will depend on the outcome of discussions with potential investors and will be driven by what best achieves value for money for the UK taxpayer. Our aim is that a majority of shares in UK Green Investment Bank plc would come to be held by private investors.

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