Question to the Foreign, Commonwealth & Development Office:

To ask His Majesty's Government whether funding provided through British International Investment to Frontier Energy II Delta K/S in Sierra Leone will be provided in the form of loans rather than grants; and, if so, how much funding is affected, and what the terms of the loans will be.

Through its British Climate Partners (BCP) Initiative British International Investment (BII) will principally provide equity and mezzanine finance. BII does not anticipate providing funding through BCP in the form of grants. BII plans to invest over £1 billion through BCP over the next five years, with this in turn expected to unlock an additional £3.5 billion in private capital. The financial return BII targets on its investments depends on a range of factors - particularly the risk profile of the investment. The terms of BII's individual investments are commercially confidential.