Release date: 19 August 2003
Promoter – Financial Intermediary
Various Local Authorities in Ireland.Location
Description
The renovation and upgrading of Local Authority buildings, within the context of the overall urban regeneration strategies within the respective localities.
Objectives
To provide competitive funding for infrastructure investments forming part of Local Authorities' wider urban renewal initiatives meeting EIB eligibility requirements.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
Some EUR 200 million. In line with normal lending criteria, the EIB would finance up to 50% of eligible project costs.
Environmental aspects
The project's compliance with the applicable national and EU environmental legislation will be verified during appraisal. Overall environment impact is expected to be substantially positive.
Procurement
The promoter is required to respect national and European legislation applicable to public authorities procurement.
Status
Signed - 19/12/2003