Green Investment Bank: rival bidder launches legal challenge to sale
by Adam Vaughan from Environment | The Guardian on (#2EARC)
SDCL claims government has not sought value for money for taxpayer in choice of Australian bank Macquarie
A last-ditch attempt has been made to derail the government's controversial sale of the Green Investment Bank to the Australian investment bank Macquarie.
Sustainable Development Capital (SDCL), a rival bidder for the bank, said it was launching a legal challenge to the government's decision to select Macquarie as its preferred bidder for the 2bn deal.
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