Published 5th Mar 2023, 11:45 BST

The UK Infrastructure Bank (UKIB) welcomed Mr Griffith to officially open the new office space at its Leeds headquarters last week.

Chris Grigg, UKIB chair, said: “The official opening of our new office space is emblematic of the progress we are making in building our capability from a standing start just 20 months ago. There’s a lot further to go, but it’s great that we now have extra space to accommodate our growing team.

The Bank, which launched 20 months ago, has expanded its offices to accommodate new staff as it continues to scale up operations – it currently has around 180 staff.

Economic secretary to the treasury Andrew Griffith (middle) opens the UK Infrastructure Bank's new office space with CEO John Flint (left) and chair Chris Grigg (right).

HM Treasury is the Bank’s sponsor Government department and its sole shareholder. The Bank was set up to invest in infrastructure to support the Government’s net zero targets and drive regional and local economic growth.

Speaking at the opening, Mr Griffith, said: “It’s been great to visit the UK Infrastructure Bank today as it expands its presence in Leeds. The bank is delivering on its mission to invest in the clean energy revolution and on much needed infrastructure - using its £22 billion of taxpayers’ money to help communities across the UK.”

To date, the bank has announced 10 deals across varying sectors.

Leeds-based Infrastructure Bank is 'delivering' on its clean energy mission, says economic secretary Andrew Griffith