Amount loaned to Blue Islands since 2015

​Request ​​721470977

How much money has the States of Jersey Government loaned to Blue Islands since 2015, how is the repayment scheme structured and have any repayments been made, and if so, how much has been repayed?

Response

A loan facility of £10 million was granted in 2020, of which £8.5 million was in drawn in total.  No further sums were loaned since 2015. Of that figure, £1,425,653 of the capital sum has been repaid to 31 May 2025.

The remaining information is exempt under Article 33(b) (Commercial interests) of the Freedom of Information (Jersey) Law 2011.

Article applied 

Article 33 - Commercial interests

Information is qualified exempt information if –

(a) it constitutes a trade secret; or

(b) its disclosure would, or would be likely to, prejudice the commercial interests of a person (including the scheduled public authority holding the information).

Pubic Interest Test 

Article 33 (b) is a prejudice-based exemption. That means that to engage this exemption there must be a likelihood that disclosure would cause prejudice to the interest that the exemption protects. In addition, this is a qualified exemption, and consideration must be given to the public interest in maintaining the exemption.

The Scheduled Public Authority (SPA) considers that providing information could prejudice the commercial interests of the Government of Jersey and / or third parties. There may be public interest in the commercial information, however it was considered that this is outweighed by the potential for commercial and or financial damage.​