Deals

Three Groups Said to Plan Bids for U.K. Green Investment Bank

  • Deadline to submit final, binding offers will be Sept. 12
  • Sustainable Development, Macquarie said to be preparing bids
Photographer: Chris Ratcliffe/Bloomberg
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As many as three groups are expected to bid for the state-owned U.K. Green Investment Bank Plc by Monday’s deadline, a person with knowledge of the talks said late Thursday.

Sustainable Development Capital LLP is leading one group and Macquarie Group Ltd is considering a bid either alone or with other investors, according to the person, who asked not to be identified because the discussions are private.