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, whether shares in the bank will be offered directly to the public.
Anna Soubry
The Minister of State, Department for Business, Innovation and Skills
Our expectation is that interest in acquiring a stake in the Green Investment Bank will come from sophisticated, large scale institutional investors such as pension funds and sovereign wealth funds. We do not currently anticipate shares in the company being offered to individuals.
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