Green Investment Bank: Australian bidder woos MPs as protests continue

Macquarie insists it is committed to renewable energy - but critics say it could invest in fossil fuels if its bid succeeds

The Australian investment bank on the verge of buying the UK's publicly owned Green Investment Bank has launched a Westminster charm offensive after parliamentarians of all parties told Theresa May to halt the 2bn sale.

Green party co-leader Caroline Lucas, the Lib Dems' Vince Cable and former Tory minister Gregory Barker last month warned that a sale to Macquarie would put the bank's green purpose at risk and its most valuable assets, such as large windfarms, could be sold off.