Green Investment Bank: Wales
(asked on 25th February 2015) - View Source
Question
To ask the Secretary of State for Business, Innovation and Skills, how much has been paid by the Green Investment Bank to projects in Wales in each year of that bank's operation.
The Green Investment Bank (GIB) has to date helped finance four projects located in or off the coast of Wales. Total commitments to these amounts to £289,100,000 of which £69,100,000 has so far been deployed. Details are set out in the table below:
Project | 2012/13 Committed / Drawn (values £m) | 2013/14 Committed / Drawn (values £m) | 2014/15 Committed / Drawn (values £m) |
Rhyl Flats offshore wind farm | 57.5 / 57.5 | ||
Gwynt y Mor offshore wind farm | 220 | ||
Port Talbot bio-energy plant | 11.20 / 11.20 | ||
Kingspan energy efficiency retrofit | 0.40 / 0.26 | 0.14 |
In addition, GIB has helped finance introduction of energy efficient lighting in car parks, including 9 in Wales.