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Green Investment Bank: Privatisation

Department for Business, Energy and Industrial Strategy written question – answered on 18th December 2017.

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Photo of Lord Barker of Battle Lord Barker of Battle Conservative

To ask Her Majesty's Government what assessment they have made of the outcome of the sale of the Green Investment Bank; and what arrangements are in place to ensure that the Bank’s Articles of Association are adhered to.

Photo of Lord Henley Lord Henley Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

A description of how the Government has met its objectives was issued in its “Report to Parliament on the disposal of the Crown’s shares in the UK Green Investment Bank” which can be found attached.

This also described the Special Share arrangements put in place to protect the bank’s green objectives.

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