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Great British Energy: Capital Investment

Asked by Dave DooganScottish National PartyDepartment for Energy Security and Net ZeroTabled Answered 4 September 2024UIN 2479

The question

To ask the Secretary of State for Energy Security and Net Zero, how GB Energy will interact with the (a) UK Infrastructure Bank and (b) National Wealth Fund to provide investment for renewable energy; and how renewables investments by GB Energy will differ from investments by the (a) UK Infrastructure Bank and (b) National Wealth Fund.

Answered by Michael Shanks

Great British Energy will work with institutions such as the National Wealth Fund and UK Infrastructure Bank to deliver the Government’s clean energy mission. The Government is currently developing the details of both Great British Energy and the National Wealth Fund in consultation with industry stakeholders and is committed to providing further detail on these bodies and the interactions between them in due course.

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