Articles - PwC comment on Green Investment Bank location


 Commenting on the BIS announcement re the location of the UK Green Investment Bank (GIB) to be headquartered in Edinburgh with the main transaction team based in London, Ronan O'Regan, director, PwC renewables and clean tech said:

 "The government seem to have found a compromise solution on location which should please the Scottish Government. Now that the debate on location has been resolved, we look forward to key announcements on the Green Investment Bank providing support to projects, to ease funding difficulties in the current market."

 Paul Brewer, senior partner at PwC in Edinburgh and advisor for the Edinburgh bid team, commented:

 “We are delighted that Edinburgh has been selected as the location for the headquarters of the Green Investment Bank. This decision clearly recognises the tremendous depth of financial and green energy skills and experience held in the city and across central Scotland and will be a positive catalyst for private sector investment and green energy development across Scotland and the UK as a whole.”

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