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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government plans to maintain any control or stake in the new ownership structure of the Green Investment Bank after its planned privatisation.

The Government has always been clear about our plans to sell a majority of the Green Investment Bank (GIB) in order to achieve one of our key objectives, which is for GIB to be re-classified to the private sector once sold.

The decisions on the final size of stake of GIB to be sold will depend on the outcome of confidential discussions with bidders; driven by what best achieves our objectives for the sale, and, most importantly, what is in the best interests of the taxpayer.