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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what criteria his Department used to determine the preferred bidder in the sale of the Green Investment Bank; and if he will make a statement.

In its “Green Investment Bank: sale of shares” report laid before Parliament on 3 March 2016, the Government set out its objectives for the sale and the process by which the sale would be conducted. Bids have been evaluated at each stage of the process against the Government’s sale objectives.