Skip to main content

Written question asked by Earl of Courtown (Conservative) on Wednesday, 22 July 2026, in the House of Lords. It was due for an answer on Wednesday, 5 August 2026. It was answered by Lord Wood of Anfield (Labour) on Friday, 31 July 2026 on behalf of the Foreign, Commonwealth and Development Office.


British International Investment

Question

To ask His Majesty's Government what loan repayment terms usually apply to payments to British International Investment.

Answer

Through its British Climate Partners (BCP) Initiative British International Investment (BII) will principally provide equity and mezzanine finance. BII does not anticipate providing funding through BCP in the form of grants. BII plans to invest over £1 billion through BCP over the next five years, with this in turn expected to unlock an additional £3.5 billion in private capital. The financial return BII targets on its investments depends on a range of factors - particularly the risk profile of the investment. The terms of BII's individual investments are commercially confidential.


Secondary information

Type
Written question
Reference
HL2512
Session
2026-27
Grouped for answer
Yes
Subjects
Borrowing British International Investment
Link
View this Written question on www.parliament.uk