green investment bank
Green Investment Group funnels £1.6bn into clean energy projects
The Green Investment Group made or arranged £1.6bn of investments in clean energy projects in the 12-months following its privatisation, according to the company's first annual progress report.
UK to host new Green Finance Institute
The Government will fund a new Green Finance Institute alongside the City of London Corporation to "champion sustainable finance" in the UK and abroad.
New Year Honours 2018: Sustainability champions make Queen's list
The 2018 New Year Honours list has recognised the outstanding achievements of a number of senior figures across the UK's green economy.
Green Investment Group makes first investment under Macquarie ownership to support EfW plant
A £38m energy-from-waste (EfW) facility in Yorkshire has become the first project to receive financing from the newly formed Green Investment Group (GIG), formerly known as the Green Investment Bank.
Green Party slams GIB sell-off
The co-leader of the Green Party has warned the controversial sell-off of the Green Investment Bank (GIB) is bad news for "everyone who cares about the future of renewable energy".
Macquarie finalises £2.3bn Green Investment Bank deal
Australian bank Macquarie has vowed to keep the Green Investment Bank (GIB) at the forefront of the UK's low-carbon transition, after today (18 August) completing the controversial £2.3bn takeover from the British Government.
Green Investment Bank sold to Macquarie in £2.3bn deal
The UK Government has completed the sale of the Green Investment Bank (GIB) to Australian investment bank Macquarie today (20 April) for a sum of £2.3bn.
Minister responds to fears over GIB restructuring
Business and energy minister Nick Hurd has written to the head of the Environmental Audit Committee to respond to concerns over the restructuring of the Green Investment Bank ahead of its sale.
Budget 2017: Chancellor confirms electric vehicle funding, announces new recycling targets
BREAKING: Key proposals on the future of carbon pricing, renewable energy subsidies and air quality remain on the UK Government's 'to-do' list as Chancellor Philip Hammond offered relatively little for the green economy to get excited about in his 2017 Budget this afternoon.
Explanation demanded for GIB restructure
The chair of the Environmental Audit Committee has written to business and energy minister Nick Hurd to challenge government's plans to privatise the Green Investment Bank.
Is the Green Investment Bank sale on the rocks?
The future of the Green Investment Bank (GIB) was thrown further into doubt this week, as a rival bidder called for a Government rethink on the prospective sale to Australian bank Macquarie.
Fears mount over Green Investment Bank sale as MPs warn of asset-stripping
MPs have today (11 January) raised concerns over the proposed sale of the Green Investment Bank (GIB) to private investors in a letter which urges Business, Energy and Industrial Strategy (BEIS) Secretary Greg Clark to consider the bank's long-term role in the green economy.
Halt GIB sale to prevent asset stripping, says Barker
The Government should halt the sale of the Green Investment Bank (GIB) to prevent it being broken up and stripped of assets, former Energy Minister Greg Barker has insisted.
London councils commence innovative solar battery project and LED retrofit
Councils across London are kick-starting the capital's 'smart city' transformation, with a new LED retrofit backed by the Green Investment Bank (GIB) and an innovative solar battery project set to commence.
GIB commits £35m to North Wales energy-from-waste-plant
Green Investment Bank has committed £35 million of senior debt to the construction of a new energy-waste-plant in North Wales.
Nottinghamshire AD plant receives Green Investment Bank backing
A new anaerobic digestion (AD) plant in Nottinghamshire has received more than £13m funding from clean energy investors to supply 16,300MWh per year of renewable electricity and heat to local businesses.
UK chemical plant granted £7m for energy resilience project
A Green Investment Bank (GIB) supported fund has provided £7m to an energy efficiency project for a global chemical manufacturer, which could reduce greenhouse gas (GHG) emissions by an estimated 28,000 tonnes per annum.
Stirling turns to Green Investment Bank for 16,000 LEDs
Stirling Council looks set to reduce energy consumption in the city by 63% after securing a loan from the UK Green Investment Bank (GIB), which will see LEDs retrofitted in 12,000 lamps and 4,000 lamposts.
Business groups set five key tests for Green Investment Bank suitors
Commitments to keep the Green Investment Bank (GIB) at the forefront of the green infrastructure market and ensure the best standards of governance and transparency are among the measures against which any prospective buyers of the GIB should be assessed, according to civil society and business groups.
GIB delivers boost to Scottish district heating scheme as it goes up for sale
The Green Investment Bank (GIB) has announced plans to upgrade a district heating scheme in the north of Scotland, providing a major renewables boost to the region of Caithness.
Green Investment Bank in £423m windfarm acquisition
A consortium comprising of the UK Green Investment Bank (GIB) Offshore Wind Fund and funds managed by New York investment firm BlackRock, has acquired three UK wind farms in a deal worth £423m.
Green Investment Bank launches 'special share' protection against privatisation
The UK Green Investment Bank (GIB) will have an independent 'special share' introduced to protect its green mission principles once the move to introduce a privatised capital sell-off is completed.
NHS Trust to save £1.9m a year with energy efficiency upgrade
Salford Royal Hospital in Greater Manchester is expected to slash £1.9m from its annual energy bill thanks to a new efficiency programme part-funded by the Green Investment Bank (GIB).
GIB makes third investment in Northern Ireland's AD industry
The UK Green Investment Bank (GIB) and private equity group Foresight have committed to invest £1.7m in the construction of an anaerobic digestion (AD) plant in Northern Ireland.
Aviva bankrolls £15m NHS energy centre in Dundee
Asset management firm Aviva Investors has announced a new £15.4m commitment - partly funded by the UK Green Investment Bank (GIB) - to create a new energy efficiency programme and centre at NHS Tayside in Dundee.
GIB backs £10bn green projects in three years
In the last three years, the UK Green Investment Bank (GIB) has committed £2.3 billion to 58 green infrastructure projects with a total value of £10.1 billion, making it the most active investor in the UK's renewable energy and energy efficiency industries.
Climatescope surveyed and analyzed 55 important developing world nations in Africa, Asia and Latin America and the Caribbean to evaluate their ability and potential to attract capital for low-carbon energy sources and measure what has been achieved to date. The report focused particularly on India and China where 10 states and 15 provinces were examined in greater detail.
Green investment for Northern Ireland's largest EfW plant
A proposed Energy from Waste (EfW) plant in Belfast has received almost half of its funding from the UK Green Investment Bank (GIB) after it committed £47m of equity to the 15MW project.
£1.5bn Galloper windfarm in Suffolk to go ahead with new backers
Construction of a £1.5bn windfarm off the Suffolk coast is to go ahead in November with the creation of nearly 800 jobs, after three new partners were found to back the project.