Kevin Brennan – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Kevin Brennan on 2016-01-14.

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the Answer of 30 November 2015 to Question 14108, if he will place in the Library a copy of the preliminary feedback on his announcement of the privatisation of the Green Investment Bank.

Anna Soubry

The preliminary feedback to which my earlier answer refers is the outcome of private informal conversations that the Green Investment Bank (GIB) and our financial advisers have had with a number of potential investors on an in‑confidence basis to help gauge market appetite for acquiring a stake in GIB. The substance of these conversations is commercially sensitive and not for publication. The Government does, though, intend to report to Parliament setting out our detailed plans for a sale and to provide a further report following completion of a transaction and any subsequent transactions.