Brodies advised Macquarie Capital Group in relation to the £2 billion public sale process for the UK Green Investment Bank (GIB). The work involved detailed due diligence of the Scottish assets in the GIB’s portfolio, as well as Scottish aspects of the acquisition arrangements, due to GIB being a Scottish-registered company with significant assets located in the country. The sale by UK Government realised significant benefits for the seller as well as establishing a global platform for the GIB business within Macquarie and a continuing commitment to Scotland.

The sale was led by Andrew Akintewe and Michael Stoneham, with support from Billy Kay, Martin Smail, Tony Hadden, Kirsty Macpherson and Sarah-Jane McArthur.