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Proceeding contribution from Robert Flello (Labour) in the House of Commons on Tuesday, 24 May 2011. It occurred during Ministerial statement on Green Investment Bank.


Green Investment Bank

The ceramic industry in my city of Stoke-on-Trent will be listening and watching very carefully as the green investment bank develops, but my question is specifically about an engineering firm in my constituency which was looking to manufacture the gearing systems for refurbishing wind turbines. It had no joy from Advantage West Midlands, and it has had no joy from the local enterprise partnership, because it has no funds, so can the Secretary of State reassure me, and the firm, that the green investment bank will be on its feet quickly, and will not be so prescriptive that the company might just as well go to a moneylender, because the terms and conditions will be so tight?


Secondary information

Type
Proceeding contribution
Reference
528 c795 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Climate change Borrowing Finance Investment Financial institutions Powers Loans Renewable energy European Commission Carbon emissions Green Investment Bank
Link
View this Proceeding contribution on www.publications.parliament.uk