gib

As parliament returns from summer recess this week, many expect the Labour government to take the next steps to establish its Great British Energy company.

Trustees to be responsible for ensuring the Green Investment Bank (GIB) remains permanently required to invest exclusively in green infrastructure projects have been nominated as the institution continues to move closer to privatisation.

Southend-on-Sea has secured £8.2 million of funding from the Green Investment Bank (GIB) to help the borough’s green streetlighting makeover.

The UK Green Investment Bank (GIB) and the Department of Energy and Climate Change have agreed on terms for a £200 million international green investment pilot programme.

The UK Green Investment Bank committed £668 million to 18 green projects for the financial year to 31 March 2014.