PARLIAMENTARY WRITTEN QUESTION
Green Investment Bank: Privatisation (10 January 2017)

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential effect of the proposed privatisation of the Green Investment Bank on the Government's new industrial strategy.

Asked by:
Ian Murray (Labour)

Moving the Green Investment Bank (GIB) into the private sector will enable GIB to have greater access to capital and be free of the constraints of Government ownership including State aid restrictions.

This means GIB will be able to play more of a role in supporting green investment, which complements the Governments industrial strategy.

Answered by:
Mr Nick Hurd (Conservative)
17 January 2017