-
GPC: Protecting the GIB's green mandate
20 April 2017As part of the terms of the sale of the Green Investment Bank (GIB) the UK government set up the Green Purposes Company (GPC), which owns a "special share" allocation designed to safeguard the GIB mission to channel money into green projects.
-
GIB sold to Macquarie-led consortium for £2.3bn
20 April 2017The Green Investment Bank (GIB) has been controversially sold to a consortium led by Australian bank Macquarie for £2.3 billion ($2.9 billion).
-
SDCL to launch two funds following court GIB decision
12 April 2017Sustainable Development Capital Ltd (SDCL) is to launch two new funds following a high court decision rejecting its challenge of the UK government's decision to award Australian bank Macquarie Capital preferred bidder status for the sale of the Green Investment Bank (GIB).
-
MIDIS and Santander provide Banks Renewables £210m debt package
03 March 2017Macquarie Infrastructure Debt Investment Solutions (MIDIS) and Santander have provided a £210 million ($258 million) debt package to Banks Renewables, the renewable energy division of property and energy business, Banks Group.
-
Judicial review sought over sale of GIB
01 March 2017A firm vying to acquire the UK's Green Investment Bank (GIB) has launched a legal challenge in the High Court over the government's decision to award Australian bank Macquarie Capital preferred bidder status.
-
Yieldco NESF secures £150m debt facility
31 January 2017UK yieldco NextEnergy Solar Fund (NESF) has secured a £150 million ($186 million) long-term debt facility from a syndicate of lenders.
-
Macquarie dismisses reports it is looking to asset-strip GIB
26 January 2017Macquarie Capital has hit back at reports it will sell of the assets of the UK's Green Investment Bank (GIB) if it is selected as buyer.
-
UK government denies reports of IPO for green bank
23 January 2017A report that the UK government is considering floating the Green Investment Bank on the London Stock Exchange, instead of a private sale to Macquarie, has been denied.
-
Sale of UK's GIB not yet 'a done deal'
09 January 2017Press reports that the UK government has agreed to sell the Green Investment Bank (GIB) to Australian bank Macquarie may be premature, a source close to the negotiations has told Environmental Finance.
-
NextEnergy raises £115.3m through oversubscribed share issuance
21 November 2016UK yieldco NextEnergy Solar Fund (NESF) has raised £115.3 million ($142.3 million) through the issuance of 110.3 million ordinary shares, exceeding its original target of 100 million shares.