Government confirms £2.3bn GIB sell-off to MacQuarie

The government has confirmed it will sell the GIB to Australian investor MacQuarie Group despite reservations among green business and a failed legal challenge

by Paul Hatchwell
MacQuarie Group says it will invest £3bn in renewables through GIB during the next three years. Photograph: Michael Rosskothen/123RF
MacQuarie Group says it will invest £3bn in renewables through GIB during the next three years. Photograph: Michael Rosskothen/123RF

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