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Committee Chair comments on Green Investment Bank

17 January 2017

The Environmental Audit Committee has said it will want to hear from Ministers about the proposed sale of the Green Investment Bank.

The Chair of the Committee, Mary Creagh MP, said:

"The Green Investment Bank has had notable successes in investing in green energy infrastructure. The EAC's view is that the retention of the Bank's green identity should be the most important objective of any sale.

New companies have been registered at Companies' House ahead of the sale of the Bank.

We have concerns that this might lead to the Bank being broken up. We have asked Ministers and UK Government Investments to appear before the Committee and assure us that the Green Investment Bank will continue to exist as a stand-alone investor."

Further information

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