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445837

	registered interest
	date	19/01/2016
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	hansard heading	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what recent representations he has received on the proposed privatisation of the Green Investment Bank.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	23237
	answer	answer is ministerial correction date of answer 22/01/2016 answer text <p><strong></strong></p><p><strong></strong></p><p>The Government has received a small number of representations from interested parties since the Government’s announcement to bring in private capital to the Green Investment Bank (GIB) in June 2015.</p><p /> <p>My Rt hon Friend the Secretary of State for Business, Innovation and Skills met my hon Friend the Member for Beverley and Holderness (Graham Stuart) and representatives from E3G and Aldersgate Group in October, and I have met with the Member separately this month. The Government also meets GIB management regularly to discuss this and other issues.</p><p><strong></strong></p><br /> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 22/01/2016 14:26:32 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

445838

	registered interest
	date	19/01/2016
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	hansard heading	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what recent discussions he has had with the Office for National Statistics on the issuing of special shares in the Green Investment Bank.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	23238
	answer	answer is ministerial correction date of answer 22/01/2016 answer text <p><strong></strong></p><p><strong></strong></p><p>The Government is currently exploring with the Office of National Statistics whether there is scope to implement a special share style arrangement in a way that would not amount to a form of state control.</p><p><strong></strong></p><br /> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 22/01/2016 14:28:03 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

445839

	registered interest
	date	19/01/2016
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	hansard heading	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the potential effect of the privatisation of the Green Investment Bank on the level of investment it will make in the UK green economy.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	23239
	answer	answer is ministerial correction date of answer 22/01/2016 answer text <p><strong></strong></p><p><strong></strong></p><p>The privatisation of the Green Investment Bank will allow the company to increase its investments in the UK green economy. It will be able to raise more capital free from being on the Government balance sheet. It will also be free from State Aid restrictions on the green investments it can make.</p><p /> <p><strong></strong></p><br /> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 22/01/2016 14:29:44 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan

445840

	registered interest
	date	19/01/2016
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	hansard heading	Green Investment Bank: Privatisation
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 30 November 2015 to Question 14108, whether the Government has imposed binding conditions in previous privatisations.
	tabling member constituency	Cardiff West
	tabling member printed	Kevin Brennan
	uin	23240
	answer	answer is ministerial correction date of answer 22/01/2016 answer text <p><strong></strong></p><p><strong></strong></p><p>A body such as the Green Investment Bank can only be classified to the private sector if it is not subject to significant government control over its corporate policy. That includes any control Government has over the body in terms of legislation, regulation and its contractual agreements.</p><p /> <p><strong></strong></p><br /> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 22/01/2016 14:32:26 answering member 3938 label Biography information for Anna Soubry
	tabling member	1400 label Biography information for Kevin Brennan