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UK GIB raises further £335m for offshore wind fund
13 October 2015The UK Green Investment Bank's (GIB) offshore wind fund has reached £818 million ($1.25 billion) of capitalisation as its reaches second close – making it the country's largest ever renewables fund.
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UK's green bank commits additional £236m to offshore wind
18 May 2015The UK's Green Investment Bank (GIB) has paid £236 million ($370 million) for a 19% equity stake in an offshore wind joint venture with German power company E.On.