Green Investment Bank

The UK government has sold the Edinburgh-based Green Investment Bank to global investment banking and financial services organisation the Macquarie Group for £2.3 billion, creating one of Europe’s largest teams of green energy investment specialists. Launched in 2012 to channel investment into lo

The Scottish Government has called on Westminster leaders to “pause” the privatisation of the Green Investment Bank to allow Parliamentary scrutiny of the sale. The GIB, which employs dozens at its Edinburgh HQ, was created by the UK government in 2012 to invest in green projects but was put on

Stirling Council is set to save £31 million over the next 30 years by installing energy saving streetlights. The local authority is borrowing £9.87m from the Green Investment Bank (GIB) to install light-emitting diodes (LEDs) instead of traditional sodium bulbs in 12,000 streetlights over four fin

Sajid Javid The UK government has today begun the process of selling off Edinburgh-based green fund the Green Investment Bank (GIB).

A new energy centre is to be built at Ninewells Hospital in Dundee as part of a £15.4 million programme of energy efficiency measures for NHS Tayside. The centre will provide 90 per cent of the power and 100 per cent of the heat for Ninewells, which also houses Tayside Children’s Hospital and Mag

Sajid Javid The UK Green Investment Bank plc (GIB) has today announced that it has now committed £2.3 billion to 58 green infrastructure projects with a total value of £10.1bn, almost three years to the day that the organisation was officially declared open.

Sajid Javid The UK business secretary Sajid Javid has announced plans to partly-privatise the Edinburgh-based Green Investment Bank (GIB).

The UK’s Green Investment Bank (GIB) has announced plans to co-fund an £111 million recycling and waste-to-energy plant in South Lanarkshire. The government-funded bank said it had invested more than £28m in the new facility at Forth by Lanark, due to open in 2017.

A hydro electric scheme to be built to the north of Loch Lomond is the first project to benefit from a £60 million funding boost for smaller-scale renewable-energy projects.