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Signature(s)

Amount
€ 220,572,016.77
Countries
Sector(s)
United Kingdom : € 220,572,016.77
Health : € 220,572,016.77
Signature date(s)
22/06/2007 : € 220,572,016.77
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Summary sheet

Release date
15 September 2003
Status
Reference
Signed | 22/06/2007
20030270
Project name
Promoter - financial intermediary
Wakefield Hospitals PPP Project
Mid Yorkshire Hospitals National Health Service Trust (the “Trust”)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approximately GBP 115 million
Approximately GBP 230 million
Location
Sector(s)
Description
Objectives

The Project comprises the reconfiguration and modernisation of two hospital sites in Pinderfields (Wakefield) and Pontefract. It includes new building and refurbishment of existing buildings and some equipment provision.

The Project is fully in line with both regional and national health priorities. In particular, it responds to the recommendations of a strategic review of options for modernising health care supported by local health services and local authorities. The project will support the introduction of modern models of care and address the problems of an outdated and inappropriate healthcare capital stock.

Environmental aspects
Procurement

The project concerns the redevelopment of existing hospital sites. It is expected to significantly enhance the built environment within which staff work and patients receive care. The project is subject to full planning permission that includes the analysis of potential impacts on the environment of the facility. All environmental mitigating measures required by the planning authority are to be included in the project but no particular environmental impact is foreseen.

The project was advertised in the Official Journal in October 2002, and the selection of the preferred partner is on-going.

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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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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