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758341
registered interest false more like this
date less than 2017-09-06more like thismore than 2017-09-06
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Green Investment Bank remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Richmond Park more like this
tabling member printed
Zac Goldsmith more like this
uin 8995 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-09-13more like thismore than 2017-09-13
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> more like this
answering member constituency Devizes more like this
answering member printed Claire Perry more like this
question first answered
less than 2017-09-13T13:46:12.47Zmore like thismore than 2017-09-13T13:46:12.47Z
answering member
3974
label Biography information for Claire Perry more like this
tabling member
4062
label Biography information for Lord Goldsmith of Richmond Park more like this
731768
registered interest false more like this
date less than 2017-06-22more like thismore than 2017-06-22
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Green Investment Bank remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day more like this
uin 623 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-06-28more like thismore than 2017-06-28
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 more like this
answering member printed Claire Perry more like this
question first answered
less than 2017-06-28T14:30:20.027Zmore like thismore than 2017-06-28T14:30:20.027Z
answering member
3974
label Biography information for Claire Perry more like this
tabling member
4488
label Biography information for Martyn Day more like this
712141
registered interest false more like this
date less than 2017-03-17more like thismore than 2017-03-17
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Green Investment Bank remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Brighton, Pavilion more like this
tabling member printed
Caroline Lucas more like this
uin 68386 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-03-23more like thismore than 2017-03-23
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> more like this
answering member constituency Ruislip, Northwood and Pinner more like this
answering member printed Mr Nick Hurd more like this
question first answered
less than 2017-03-23T13:55:13.933Zmore like thismore than 2017-03-23T13:55:13.933Z
answering member
1561
label Biography information for Mr Nick Hurd more like this
previous answer version
41823
answering member constituency Ruislip, Northwood and Pinner more like this
answering member printed Mr Nick Hurd more like this
answering member
1561
label Biography information for Mr Nick Hurd more like this
tabling member
3930
label Biography information for Caroline Lucas more like this
710675
registered interest false more like this
date less than 2017-03-13more like thismore than 2017-03-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Green Investment Bank remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Brighton, Pavilion more like this
tabling member printed
Caroline Lucas more like this
uin 67661 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-03-16more like thismore than 2017-03-16
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> more like this
answering member constituency Ruislip, Northwood and Pinner more like this
answering member printed Mr Nick Hurd more like this
question first answered
less than 2017-03-16T14:59:33.883Zmore like thismore than 2017-03-16T14:59:33.883Z
answering member
1561
label Biography information for Mr Nick Hurd more like this
tabling member
3930
label Biography information for Caroline Lucas more like this
708644
registered interest false more like this
date less than 2017-03-06more like thismore than 2017-03-06
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Green Investment Bank remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency St Helens North more like this
tabling member printed
Conor McGinn more like this
uin 66552 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-03-09more like thismore than 2017-03-09
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 more like this
answering member printed Mr Nick Hurd more like this
question first answered
less than 2017-03-09T14:23:53.72Zmore like thismore than 2017-03-09T14:23:53.72Z
answering member
1561
label Biography information for Mr Nick Hurd more like this
tabling member
4458
label Biography information for Conor McGinn more like this
692675
registered interest false more like this
date less than 2017-02-21more like thisremove minimum value filter
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 remove filter
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Green Investment Bank remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
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. more like this
tabling member constituency Wakefield more like this
tabling member printed
Mary Creagh more like this
uin 64929 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-03-01more like thismore than 2017-03-01
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> more like this
answering member constituency Ruislip, Northwood and Pinner more like this
answering member printed Mr Nick Hurd more like this
question first answered
less than 2017-03-01T15:53:35.463Zmore like thismore than 2017-03-01T15:53:35.463Z
answering member
1561
label Biography information for Mr Nick Hurd more like this
tabling member
1579
label Biography information for Mary Creagh more like this