GIB to create ‘special share’ to protect green mission
in Policy
Source: Energy Live News
The Green Investment Bank (GIB) is to create a “special share” to protect its green mission.
It is part of the government’s privatisation process of the institution.
The special share will be held by a separate company independent of the GIB and the Tory administration.
The bank will not be able to make changes to its green mission as set out in the Objects of its Articles of Association unless it is granted consent by the company.
