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Written question asked by Iain Wright (Labour) on Thursday, 25 June 2015, in the House of Commons. It was due for an answer on Monday, 29 June 2015. It was answered by Anna Soubry (Conservative) on Friday, 3 July 2015 on behalf of the Department for Business, Innovation and Skills.


Green Investment Bank

Question

To ask the Secretary of State for Business, Innovation and Skills, with reference to his statement on 25 June 2015, HCWS54 on the Green Investment Bank, what percentage stake in the bank he will seek to maintain following a move into private ownership.

Answer

Decisions on this will depend on the outcome of discussions with potential investors and will be driven by what best achieves value for money for the UK taxpayer. Our aim is that a majority of shares in UK Green Investment Bank plc would come to be held by private investors.


Secondary information

Type
Written question
Reference
4323
Session
2015-16
Subjects
Government shareholding Privatisation Green Investment Bank
Contains statistics
Yes
Link
View this Written question on www.parliament.uk