Green Investment Bank

Department for Business, Energy and Industrial Strategy written question – answered am ar 23 Ionawr 2017.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Myners Lord Myners Crossbench

To ask Her Majesty’s Government whether they will include a provision in the sale agreement of the Green Investment Bank to require a clawback of all, or a significant part, of any disposal proceeds, and whether they intend to publish at the time of the sale the scale of such disposals they anticipate.

Photo of Lord Prior of Brampton Lord Prior of Brampton Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

Details of the sale negotiations are commercially confidential.

Government will provide a full report to Parliament once a sale is completed which will set out the details of the sale and how our objectives (including value for money) were met.

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