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    Signature(s)

    Amount
    € 138,000,000
    Countries
    Sector(s)
    Greece : € 138,000,000
    Education : € 138,000,000
    Signature date(s)
    22/12/2016 : € 138,000,000
    Link to source

    Summary sheet

    Release date
    25 October 2016
    Status
    Reference
    Signed | 22/12/2016
    20150746
    Project name
    Promoter - financial intermediary
    HELLENIC UNIVERSITIES I
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 138 million
    EUR 184 million
    Location
    Sector(s)
    Description
    Objectives

    Reconstruction and new build of facilities for up to nine public universities in Greece

    The general objective of the project is to begin to address the large backlog in the upkeep of the facilities caused by many years of severe underinvestment in Greek university infrastructure. The sub-projects should increase the relevance and quality of teaching, learning and research activities at the universities. The ultimate beneficiaries are the students and staff of the universities as well as the eventual employers of the graduates and wider society in Greece.

    Environmental aspects
    Procurement

    The project covers the new construction and rehabilitation of universities which are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, though the project is covered by Annex II of the directive in relation to urban development. During appraisal the Bank's services will verify whether and in which sub-projects an EIA is required by the competent authority, as well as assessing full environmental details. Public buildings will have to meet the relevant national targets concerning energy efficiency as a minimum. The energy performance designs of the new and renovated buildings will be verified during appraisal.

    The Bank will require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC or 2014/24/EU where applicable and/or 2004/17/EC or 2014/25/EU where applicable as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - HELLENIC UNIVERSITIES I
    Publication Date
    23 Dec 2016
    Document language
    Main Topic
    Lending
    Document Number
    65183175
    Document Focus
    Environmental Information
    Project Number
    20150746
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - HELLENIC UNIVERSITIES I - Full Environmental Impact Study
    Publication Date
    26 Jan 2017
    Document language
    Main Topic
    Lending
    Document Number
    69399838
    Document Focus
    Environmental Information
    Project Number
    20150746
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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