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Reference: 20020712
Release date: 5 March 2004

Promoter – Financial Intermediary

Bank of Scotland, part of HBOS plc group
Contact: Infrastructure Finance team, Bank of Scotland, Level 7 155 Bishopsgate, London EC2M 3YB

Location

Description

Bank of Scotland will use the loan to fund small and medium-sized PPP projects in the health and education sectors.

Objectives

The projects will principally comprise modernisation or new development of primary and secondary schools, and improvement in primary and other healthcare facilities.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to GBP 100m in aggregate.

Total cost (Approximate amount)

At least GBP 200m.

Environmental aspects

Bank of Scotland will provide all the necessary information to enable EIB to review the projects’ environmental implications, including planning requirements and the eventual impact of the projects on the local environment.

Procurement

The projects that are to be financed by Bank of Scotland with EIB funding will be procured in accordance with EU Directives where these apply.

Status

Signed - 2/02/2004

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).

Related tags

United Kingdom Health Education