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Green Investment Bank

23. March 2011 | 14:19

Green investment bank borrowing remit in balance

The Treasury will update plans for a £1bn Green Investment Bank in the Budget but may postpone the decision about its borrowing powers, industry lobbyists fear. (News Source: AFP Telegraph Finance News via Yahoo! UK & Ireland Finance - 17:47:43)

Fears over plans for green bank

Campaigners calling for a Green Investment Bank to kick-start low carbon growth today said they feared the Treasury will not let the bank borrow money until 2015. (News Source: Independent - 16:37:27)

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MSPs from across the political parties have today added their joint support for Edinburgh’s bid to host the UK’s first Green Investment Bank. (News Source: Scottish Liberal Democrats - 15:23:42)

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Details of the GIB will be unveiled in tomorrow’s Budget, but ministers have privately said they see no need for the bank to be involved in financing the green deal programme of energy efficiency improvements to homes. (News Source: InsideHousing - 16:30:21)

MSPs join forces to back city’s green bank bid

Local MSPs from across the political parties have today added their joint support for Edinburgh’s bid to host the UK’s first Green Investment Bank. (News Source: The Scotsman - 12:43:34)

Green ‘revolution’ hit by new curbs on bank

Doubts cast on government growth strategy after Treasury demands ban on new bank raising capital until 2014 Doubts were cast over a key part of the government’s growth strategy due to be unveiled in the budget on Wednesday when it emerged that its new green investment bank will be unable to raise additional capital until at least 2014. The government has pledged to establish the bank with £1bn … (News Source: Guardian Unlimited - 07:05:33)

NIB signs loan with Skanska for greener buildings in Sweden and Finland

The Nordic Investment Bank (NIB) and Sweden´s Skanska Financial Services AB have signed a loan totalling EUR 100 million for financing environmentally- and energy-efficient construction of office buildings.The 7-year-maturity loan will be used for … (News Source: wallstreet:online AG - 08:46:33)

UK eyes China as key partner for growth: Trade Minister Green

British Trade and Investment Minister Lord Stephen Green said on Monday in Beijing that China is Britain’ s key partner for growth. Green arrived in Beijing Monday to begin a five-day business tour, which will include visits to Beijing, Chongqing and Hong Kong. (News Source: People’s Daily - 01:15:15)

Golden Gate Capital Agrees to Sell J. Jill Majority Stake to Arcapita Bank

Golden Gate Capital Corp., a private equity firm, agreed to sell a majority stake in the J. Jill clothing business to Arcapita Bank BSC, a Bahrain-based investment bank, less than two years after buying the company. (News Source: Bloomberg - 12:37:07)

BPI, IFC fund ‘green’ hotel in Palawan

MANILA, Philippines - Palawan is one of the country’s more popular tourist destinations. It has a fair number of hotels geared to accommodate tourists, one of which is the Sheridan Hotel and Resort located on Sabang Island. (News Source: ABS-CBNNEWS.com - 11:49:00)


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