{"value":{"id":1458189,"memberId":4336,"member":null,"memberRole":"Parliamentary Under Secretary of State (Minister for Business, Energy and Corporate Responsibility)","uin":"HLWS752","dateMade":"2022-04-19T00:00:00","answeringBodyId":201,"answeringBodyName":"Department for Business, Energy and Industrial Strategy","title":"Update on UK Green Infrastructure Platform","text":"<p>My Right Honourable friend the Minister of State for Energy, Clean Growth and Climate Change (Greg Hands) has today made the following statement:</p><p>I can today inform the House that UK Green Infrastructure Platform Ltd (“UKGIP”) is being wound up, via a Members’ Voluntary Liquidation, having fulfilled its objectives to own and manage the five assets retained following the sale of the UK Green Investment Bank and to enhance and realise value through their sale.</p><p>UKGIP, a private limited company, was established in 2017 to manage Government’s interests in the unsold assets from the Green Investment Bank. It was 90% owned by the Department for Business, Energy & Industrial Strategy. UK Green Investment Bank Limited (“UKGIB”), which is wholly owned by Macquarie, held the remaining 10% shareholding in UKGIP.</p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1458112,"linkType":"JointStatement","linkDate":"2022-04-19T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1458189","method":"GET"}]}