MPs across all parties have called on UK Prime Minister Theresa May to halt the sale of Green Investment Bank to Australia's Macquarie due to it's "appalling track record of asset-stripping" and concerns that the bank's environmental purpose will be abandoned. Will he halt the sale process with immediate effect?” The Greens are calling for a full investigation into Macquarie's role in selling off its stake in the bank to an Australian private equity firm, which is now owned by US investment firm Blackstone.
MPs across all parties have called on UK Prime Minister Theresa May to halt the sale of Green Investment Bank to Australia's Macquarie due to it's "appalling track record of asset-stripping" and concerns that the bank's environmental purpose will be abandoned. The Greens are calling for a full investigation into Macquarie's role in selling off its stake in the bank to an Australian private equity firm, which is now owned by US investment firm Blackstone.