To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the future asset value of the UK Green Investment Bank's investments in the Galloper and Rampion wind farms upon completion of their construction.
This answer is the replacement for a previous holding answer.
Answered on
27 February 2017
The Government is undertaking a robust valuation process for the Green Investment Bank, using both market-based assumptions and HM Treasury Green Book methodology, and making use of external advice on valuation from expert financial advisors. In this, the Government is following the National Audit Office’s recommendations on asset sales.
Answered by
Department for Business, Energy and Industrial Strategy
Named day
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