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