Green Investment Bank

Department for Business, Energy and Industrial Strategy written question – answered on 1st March 2017.

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Photo of Mary Creagh Mary Creagh Chair, Environmental Audit Committee, Chair, Environmental Audit Committee

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much public funding has been supplied to the Green Investment Bank in each year since its inception.

Photo of Nick Hurd Nick Hurd The Minister of State, Department for Business, Energy and Industrial Strategy

Government has provided UK Green Investment Bank plc (GIB) with the following public funding for its UK investment and operational activities in each year since its inception.

Year

Public Funding

2012/13

£150.450m

2013/14

£160m

2014/15

£677m

2015/16

£60m

2016/17 (as of the end of January 2017)

£435m

Total

£1,482.450m

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