Green Investment Bank cleared for sale after Judge rules bid process lawful

Michael Holder
clock • 3 min read

Macquarie can proceed with GIB acquisition after Judge rejects rival bidder SDCL's judicial review application

The sale of the state-owned Green Investment Bank (GIB) to Australian bank Macquarie Group looks to have cleared one of its final hurdles, after the High Court rejected a request from a rival bidder to...

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

More on Investment

'Little progress': LSE study warns top banks are continuing to back new fossil fuel projects

'Little progress': LSE study warns top banks are continuing to back new fossil fuel projects

Analysis reveals no bank has fully committed to ending financing for all new oil and gas fields or coal projects

James Murray
clock 22 October 2025 • 3 min read
National Wealth Fund announces over £100m financing for flagship wind and heat network projects

National Wealth Fund announces over £100m financing for flagship wind and heat network projects

Government investment vehicle confirms fresh funding for major wind projects in Orkney and Norfolk, as well as support for Hull's new heat network

Stuart Stone
clock 21 October 2025 • 6 min read
Microsoft and UNDO to more than double scope of CO2 removals partnership

Microsoft and UNDO to more than double scope of CO2 removals partnership

Enhanced rock weathering firm and US software giant ink third commercial agreement, taking total carbon removals commitment to nearly 49,000 tonnes

Stuart Stone
clock 21 October 2025 • 2 min read