News story

Edward Davey statement

Response to UK Green Investment Bank announcement regarding their investment in UK offshore wind sector.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government


The UK Green Investment Bank (GIB) has today announced two equity investments in the UK offshore wind sector.

Secretary of State for Energy and Climate Change, Edward Davey said:

“The UK is number one in the world for investment in offshore wind. This news is proof of the strength of investment in British energy infrastructure - and proof that the Government’s strategy is working - supporting green jobs across the country and delivering secure energy supplies for the future. £34 billion worth of investment has been announced since 2010 thanks to our electricity market reforms which give investors long-term certainty.”

Published 31 March 2014