Green Investment Bank chief claims sale could open door for international expansion

Madeleine Cuff
clock • 6 min read

Shaun Kingsbury suggests controversial privatisation will allow bank to invest in new technologies, while an international buyer could see bank engage in overseas investment for first time

The sale of the Green Investment Bank (GIB) has for months been dogged by controversy, with green groups and MPs voicing fears that once privatised the bank's mission as an investor in clean, green infrastructure...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Investment

Banking on Biodiversity Collapse: Banks accused of pumping $595bn into drivers of nature loss since 2020
Investment

Banking on Biodiversity Collapse: Banks accused of pumping $595bn into drivers of nature loss since 2020

Damning report urges banking sector to strengthen nature safeguarding policies and calls on governments to tighten regulations ahead of COP17 Summit

Stuart Stone
Stuart Stone
clock 14 October 2026 • 5 min read
'Investors are not abandoning sustainability': Three quarters of retail investors expect sustainability to inform decisions
Investment

'Investors are not abandoning sustainability': Three quarters of retail investors expect sustainability to inform decisions

Major new report from Aberdeen Investments insists 'sustainable investing is evolving, not retreating'

James Murray
James Murray
clock 13 October 2026 • 4 min read
Generation gap in ESG investing widens as performance worries increase
Investment

Generation gap in ESG investing widens as performance worries increase

Association of Investment Companies survey reveals growing hostility to ESG investing, especially among older investors, which is being fuelled by concerns over returns and confusion over what the term means

Michael Nelson, Investment Week
clock 13 October 2026 • 2 min read