Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label previous answer version answering member constituency answering member printed answering member label
tabling member	label

Search

758341

registered interest
date	06/09/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what his policy is on circumstances in which the special share in the Green Investment Bank (GIB) held by the Green Purposes Company Ltd can be used to approve or reject changes to GIB's green purposes as set out in the objects of its Articles of Association.
tabling member constituency	Richmond Park
tabling member printed	Zac Goldsmith
uin	8995
answer	answer is ministerial correction date of answer 13/09/2017 answer text <p>Following the sale of the Green Investment Bank (GIB), should the company wish to amend, remove or alter the green objective within the objects of its Articles of Association, it must seek written approval from the Green Purposes Company Limited (GPC), which holds a special share in GIB (now called the Green Investment Group (GIG)).</p><p> </p><p>The five trustees of GPC, who are independent of Government and the GIG, will form a judgement on the proposed amendment, and will either approve or reject the change to ensure that the green mission of the GIG is not weakened.</p><p> </p> answering member constituency Devizes answering member printed Claire Perry question first answered 13/09/2017 13:46:12 answering member 3974 label Biography information for Claire Perry
tabling member	4062 label Biography information for Lord Goldsmith of Richmond Park

731768

registered interest
date	22/06/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how much finance the Green Investment Bank has provided since its creation in (a) the Linlithgow and East Falkirk constituency, (b) Scotland and (c) the UK.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	623
answer	answer is ministerial correction date of answer 28/06/2017 answer text <p><strong> </strong></p><p>UK Green Investment Bank plc (GIB) provides a full list of its investments across the United Kingdom for each financial year on its website: <a href="http://www.greeninvestmentbank.com/" target="_blank">www.greeninvestmentbank.com</a></p><p> </p><p>GIB has committed £179.7m to 18 Scottish projects, either directly or via its fund managers, since 2012.</p><p> </p><p>Those projects are:</p><p> </p><p>Distillery biomass boiler platform phase 1</p><p>Distillery biomass boiler platform phase 2</p><p>Speyside CHP project</p><p>Glasgow City Council streetlighting project</p><p>Levenseat recycling and waste plant, Forth by Lanark</p><p>Scotland-wide heat pump installation programme, starting with Borders College</p><p>NHS Tayside energy efficiency programme</p><p>Wick district heating scheme</p><p>Stirling Council streetlighting project</p><p>NHS Grampian energy efficiency programme</p><p>Goathill Quarry</p><p>Chaorach</p><p>River Arkaig</p><p>Liatre Burn</p><p>Bruachaig</p><p>Srondoire</p><p>Blackcraig</p><p>Millerhill recycling and waste plant</p><p> </p><p>None of those projects are located in the Linlithgow and East Falkirk constituency.</p><p> </p><p><strong> </strong></p> answering member constituency Devizes answering member printed Claire Perry question first answered 28/06/2017 14:30:20 answering member 3974 label Biography information for Claire Perry
tabling member	4488 label Biography information for Martyn Day

712141

registered interest
date	17/03/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department was aware that the Chair of the UK Green Investment Bank was being considered for other government or commercial roles when it received advice from him on the sale of that bank; and whether his Department made an assessment of the potential effect on that advice of such consideration.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	68386
answer	answer is ministerial correction date of answer 23/03/2017 answer text <p>The Government is grateful to the Green Investment Bank (GIB) Board for the considered views it has provided throughout the GIB sale. All decisions taken in regard to the sale of GIB are for Ministers alone.</p><p> </p><p>As shareholder, Government works closely with the GIB Board to ensure the business operates to high standards of corporate governance at all times.</p><p> </p><p> </p> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 23/03/2017 13:55:13 answering member 1561 label Biography information for Mr Nick Hurd previous answer version 41823 answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd answering member 1561 label Biography information for Mr Nick Hurd
tabling member	3930 label Biography information for Caroline Lucas

710675

registered interest
date	13/03/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the £3.8 billion of public funding committed to the UK Green Investment Bank since its establishment in 2012, plus any profits made by the Government on its sale, will be reinvested in the UK low-carbon economy on completion of the sale of that bank.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	67661
answer	answer is ministerial correction date of answer 16/03/2017 answer text <p>The Government remains committed to the UK's Climate Change Act and the transition to clean energy. Climate change remains one of the most serious long-term risks to our economic and national security. We recently committed another £730 million of support for renewables in this Parliament and have reconfirmed the budget of £290m annual support for 15 years for ‘Pot 2’/less established technologies including offshore wind.</p><p> </p><p>Any proceeds from a sale of the Green Investment Bank will be returned to the Exchequer.</p><p><strong> </strong></p> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 16/03/2017 14:59:33 answering member 1561 label Biography information for Mr Nick Hurd
tabling member	3930 label Biography information for Caroline Lucas

708644

registered interest
date	06/03/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding the Green Investment Bank has provided in (a) St Helens North constituency, (b) Merseyside and (c) the UK in each financial year since its creation.
tabling member constituency	St Helens North
tabling member printed	Conor McGinn
uin	66552
answer	answer is ministerial correction date of answer 09/03/2017 answer text <p>The UK Green Investment Bank plc (GIB) has helped finance two projects in the Merseyside area.</p><p> </p><p>In December 2013, GIB committed £20m to the design, build and operation of a new ‘energy from waste’ plant on behalf of the Merseyside Waste Disposal Authority. The facility, located in Teesside, will each year convert into energy more than 420,000 tonnes of residual waste from six boroughs in the Merseyside area, including St Helens North. The project has created approximately 75 permanent jobs, in addition to more than 100 jobs during the construction phase.</p><p> </p><p>In November 2014, GIB committed £30.1m to a new Combined Heat and Power (CHP) Plant in Widnes the North West’s largest waste wood renewable power facility.</p><p> </p><p>The project has created more than 200 construction jobs and around 20 full time jobs in the operational phase.</p><p> </p><p>In addition, some of GIB’s UK wide investment platforms such as its indirect investments in LED lighting upgrades to Santander branches and NCP car parks are likely to have benefitted Merseyside including St Helens North.</p><p> </p><p>GIB provides a full list of its investments for each financial year on its website: <a href="http://www.greeninvestmentbank.com/" target="_blank">www.greeninvestmentbank.com</a></p><p> </p> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 09/03/2017 14:23:53 answering member 1561 label Biography information for Mr Nick Hurd
tabling member	4458 label Biography information for Conor McGinn

692675

registered interest
date	21/02/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how much public funding has been supplied to the Green Investment Bank in each year since its inception.
tabling member constituency	Wakefield
tabling member printed	Mary Creagh
uin	64929
answer	answer is ministerial correction date of answer 01/03/2017 answer text <p>Government has provided UK Green Investment Bank plc (GIB) with the following public funding for its UK investment and operational activities in each year since its inception.</p><table><tbody><tr><td><p><strong>Year</strong></p></td><td><p><strong>Public Funding</strong></p></td></tr><tr><td><p>2012/13</p></td><td><p>£150.450m</p></td></tr><tr><td><p>2013/14</p></td><td><p>£160m</p></td></tr><tr><td><p>2014/15</p></td><td><p>£677m</p></td></tr><tr><td><p>2015/16</p></td><td><p>£60m</p></td></tr><tr><td><p>2016/17 (as of the end of January 2017)</p></td><td><p>£435m</p></td></tr><tr><td><p><strong>Total</strong></p></td><td><p>£1,482.450m</p></td></tr></tbody></table> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 01/03/2017 15:53:35 answering member 1561 label Biography information for Mr Nick Hurd
tabling member	1579 label Biography information for Mary Creagh

688077

registered interest
date	09/02/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the number of projects for which the Green Investment Bank will provide funding in the first 12 months after its sale to the Government's preferred bidder.
tabling member constituency	South Down
tabling member printed	Ms Margaret Ritchie
uin	63860
answer	answer is ministerial correction date of answer 20/02/2017 answer text <p>The Green Investment Bank is being sold as a going concern and potential investors will be buying into the company’s green business plan and forward pipeline of projects.</p><p> </p><p> </p> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 20/02/2017 13:49:27 answering member 1561 label Biography information for Mr Nick Hurd
tabling member	4130 label Biography information for Baroness Ritchie of Downpatrick

686055

registered interest
date	07/02/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what criteria his Department used to determine the preferred bidder in the sale of the Green Investment Bank; and if he will make a statement.
tabling member constituency	North Down
tabling member printed	Lady Hermon
uin	63460
answer	answer is ministerial correction date of answer 14/02/2017 answer text <p>In its “Green Investment Bank: sale of shares” report laid before Parliament on 3 March 2016, the Government set out its objectives for the sale and the process by which the sale would be conducted. Bids have been evaluated at each stage of the process against the Government’s sale objectives.</p><p> </p><p> </p> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 14/02/2017 14:22:01 answering member 1561 label Biography information for Mr Nick Hurd
tabling member	1437 label Biography information for Lady Hermon

684099

registered interest
date	03/02/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what information was supplied to each bidder who expressed an interest in purchasing UK Green Investment Bank on the assets, structures and investments of that bank; and whether that information was supplied in the same form to each bidder.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	63023
answer	answer is ministerial correction date of answer 08/02/2017 answer text <p>As set out in the Government’s report to Parliament on 3rd March 2016 entitled “Green Investment Bank: sale of shares”, parties that met the qualifying requirements set out in the bidder information form were supplied with a confidential Information Memorandum with further information on GIB’s business and also a process letter that explained how the sale process would be conducted and further information that would be provided during the sale process.</p><p> </p><p>In the first round, bidders were asked to submit non-binding initial bids based on the confidential Information Memorandum and Round 1 information. The proposals received were evaluated and selected parties invited to proceed to the second round of the process. At this stage, potential bidders were provided with detailed additional information to enable them to carry out due diligence on GIB. Bidders were also given access to confidential data with further detailed due diligence reports, transaction documents and received presentations about the business plan and investments from GIB’s management team, as well as having an option to make use of a question &amp; answer process. Following due diligence, interested parties were invited to submit formal, final and binding offers.</p><p> </p><p>All bidders were provided with equal opportunity to access the same information at each stage in the process.</p><p> </p> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 08/02/2017 15:57:26 answering member 1561 label Biography information for Mr Nick Hurd
tabling member	3930 label Biography information for Caroline Lucas

683470

registered interest
date	02/02/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many staff (a) were employed by and (b) left the UK Green Investment Bank in each year since its creation; and how many staff have left that bank in 2017 to date.
tabling member constituency	Brighton, Pavilion
tabling member printed	Caroline Lucas
uin	62846
answer	answer is ministerial correction date of answer 07/02/2017 answer text <p>The Green Investment Bank (GIB) has provided the following information:</p><p><strong>Number of staff employed as at 31 March each year since the creation of GIB*</strong></p><p>31st March 2013 – 58</p><p>31st March 2014 – 92</p><p>31st March 2015 - 113</p><p>31st March 2016 – 134</p><p>31st January 2017 - 126</p><p> </p><p><strong>Number of employees exiting GIB as at 31 March each year since the creation of GIB** </strong></p><p> </p><p>31st March 2013 – 3</p><p>31st March 2014 - 10</p><p>31st March 2015 – 14</p><p>31st March 2016 – 13</p><p>31st January 2017 – 14</p><p> </p><p>Of the 14 employees who have left in this current financial year, two left in the period from 1 January 2017 to date.</p><p> </p><p>*Headcount numbers reported as per the People section of GIB’s latest annual report.</p><p> </p><p>**The leavers noted are those individuals who were permanent employees and fixed term contract employees who decided leave ahead of the agreed end date noted in their contract. It does not include temporary staff or those individuals who completed a fixed term contract and left on the agreed end date as detailed within their contract.</p><p> </p> answering member constituency Ruislip, Northwood and Pinner answering member printed Mr Nick Hurd question first answered 07/02/2017 15:16:39 answering member 1561 label Biography information for Mr Nick Hurd
tabling member	3930 label Biography information for Caroline Lucas