Archive

• GIG acquires 40% of 714MW wind farm for £1.6bn

  12 August 2019

  The Green Investment Group (GIG) has invested £1.6 billion ($1.9 billion) in a 714MW wind farm in the UK, acquiring a 40% stake from Spanish utility Iberdrola.

• Steering group for Green Finance Institute announced

  16 July 2018

  A steering group has been assembled to guide the launch of the UK's Green Finance Institute.

• GIG sets sights on waste-to-energy with Covanta partnership

  18 December 2017

  Green Investment Group (GIG) has made its second move into the waste-to-energy sector by teaming up with Covanta Holding Corporation to finance new UK and Ireland waste infrastructure projects.

• Green Investment Group and GE make €800m Swedish onshore wind investment

  08 November 2017

  GE and the Green Investment Group (GIG) have partnered to build a 650MW wind farm in Sweden, the largest onshore wind development in Europe.

• UK bids to consolidate 'leadership' in green finance

  18 September 2017

  The UK government has announced a taskforce of senior financiers to help accelerate the growth of green finance – a field in which it claims the UK already enjoys global leadership.

• Green Investment Group makes £38m waste-to-energy investment

  08 September 2017

  The Green Investment Group has committed to invest £38 million ($50 million) in the construction of a 70MW waste-to-energy facility in the UK, alongside a syndicate of lenders.

• Macquarie completes acquisition of Green Investment Bank

  18 August 2017

  The UK government must develop a new strategy for private sector investment after a Macquarie-led consortium completed its £2.3 billion ($2.96 billion) acquisition of the Green Investment Bank (GIB), according to a group of business leaders.

• Northam to head GIB as Kingsbury leaves role

  25 April 2017

  Shaun Kingsbury will step down as CEO of the Green Investment Bank (GIB) following its acquisition by a consortium led by Australian bank Macquarie Group for £2.3 billion ($2.9 billion).

• GIB, MUFG, Siemens and Barclays fund £180m energy-from-waste plant

  16 December 2016

  The UK's Green Investment Bank (GIB) has invested alongside Mitsubishi UFJ Financial Group (MUFG), Siemens Bank, Natixis and Barclays into a £180 million ($225 million) energy-from-waste plant in Wales.

• Foresight fund among backers of anaerobic digestion plants

  21 June 2016

  A total of £26.8 million ($39 million) has been raised for two anaerobic digestion plants in Northern Ireland that run on animal waste.