Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the potential revenue to be obtained from the proposed sale of Green Investment Bank shares.

The Government has set out its plans for the sale of the Green Investment Bank in the document “Green Investment Bank: sale of shares” laid before Parliament on 3 March 2016.

One of the primary objectives of the sale is to achieve value for money for the taxpayer. The revenue from the sale will depend on the outcome of discussions with investors, which are commercially confidential at this stage.