The now Macquarie-owned Green Investment Bank must continue to support clean energy infrastructure in the UK if the country is to meet its decarbonisation goals, industry stakeholders have warned.
The government has today completed its sale of the Green Investment Bank, freeing new owner Macquarie to invest in green infrastructure projects overseas.
Germany’s E.On has said it plans to invest significantly to expand its position in the “new energy world”, taking the company into its “next phase” of development.
Power provider and network operator SSE has defended the RIIO framework just as Ofgem said operators should prepare themselves for tougher price controls.
Australian finance giant Macquarie Group has concluded the contentious purchase of the UK Green Investment Bank for a total consideration of £2.3 billion.
The average business investment in energy efficiency projects has increased more than five-fold since the first three months of the year, a surge which could be attributable to Brexit and fears over increasing equipment costs.
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.
