The Energy Sector: Region well placed for Green Bank

YORKSHIRE has the perfect mix of strengths to enable it to attract the Government's £3bn Green Investment Bank to the region, according to experts.

City leaders hope to attract the Bank to Leeds. It will initially have £3bn at its disposal, will make its first investments from April next year and its early priorites will be offshore wind, waste and energy efficiency.

The Bank will also be able to borrow and make equity investments once it has received clearance that it meets EU rules on state aid.

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