EnergyWatch

British bank bids farewell to biomass

Not long after the privatization of British Green Investment Bank, major biomass assets are now being divested.

Photo: Ole Lind

Massive criticism fell on the British government earlier this year when it was decided that the Green Investment Bank (GIB) be divested to Australian equity fund Macquarie. Critics feared that the sale would trigger rapid divesting of the assets in GIB.

And selling assets is indeed on the agenda at the GIB. The bank has announced that it has divested 20 biomass plants to buyer Bioenergy Infrastructure.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Denmark allocates additional PtX funds

Danish parliament's IPCEI agreement doesn't touch Dutch funds previously earmarked by the government for Power-to-X, says energy minister Dan Jørgensen. On the other hand, the allocated DKK 850m will not necessarily go to the common European projects.

Further reading

Related articles

Latest News

See all jobs