In the wind power arena, the Green Investment Bank (GIB) has an existing reputation for energetically pursuing investments in the UK offshore wind sector, very often with successful equity stakes rather than a debt participation. Now that the cards are on the table and Australian bank, Macquarie, has announced its purchase of the bank from the UK government for £2.3bn
‘Newly acquired GIB likely to become major international wind investor'
Financial might and expertise of the Green Investment Bank under new parent Macquarie will make rival investors nervous, writes Simon Luby
3 May 2017 11:38 GMT
Updated
3 May 2017 11:42 GMT
By