Research and analysis

UK Green Investment Bank: report to Parliament on the disposal of the Crown’s shares

This report sets out the details of the sale process for the Green Investment Bank (GIB) and how the government’s objectives for the sale were met.

• From: Department for Business and Trade and Department for Business, Energy & Industrial Strategy
• Published: 15 November 2017

Documents

Report to Parliament on the disposal of the Crown’s shares in UK Green Investment Bank

PDF, 592 KB, 27 pages

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Details

The government completed the sale of the Green Investment Bank to Macquarie in August 2017. This publication provides a report on the sale process, as required under Section 6A of the Enterprise and Regulatory Reform Act 2013.

The report sets out how the government objectives for the sale process were met, including:

• securing value for money
• reclassification to the private sector
• maintaining GIB’s green values

It also outlines the additional commitments that Macquarie has made to the future of the GIB.

Published 15 November 2017