Written question asked by Lord Bowness (Conservative) on Tuesday, 6 October 2020, in the House of Lords. It was due for an answer on Tuesday, 20 October 2020. It was answered by Lord Callanan (Conservative) on Tuesday, 20 October 2020 on behalf of the Department for Business, Energy and Industrial Strategy.
OneWeb
- Question
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To ask Her Majesty's Government whether their equity investment in OneWeb has been completed; and if not, whether there are any approvals from the government of the United States which are required before any such investment is completed.
- Answer
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On Friday 2 October 20, the United States Bankruptcy Court for the Southern District of New York confirmed OneWeb’s Chapter 11 plan of reorganisation, ensuring that the company remains on target to resume full business operations imminently.
This is a major step in OneWeb’s reorganisation process, and toward HM Government’s equity investment being completed.
Secondary information
- Type
- Written question
- Reference
- HL8803
- Session
- 2019-21
- Subjects
- Investment USA OneWeb
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2020-10-20 15:49:26 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2019-21/HL8803
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2019-21/HL8803
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2019-21/HL8803