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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Spain : € 75,000,000
    Urban development : € 11,250,000
    Education : € 63,750,000
    Signature date(s)
    15/03/2010 : € 11,250,000
    15/03/2010 : € 63,750,000
    Link to source

    Summary sheet

    Release date
    1 October 2009
    Status
    Reference
    Signed | 15/03/2010
    20080732
    Project name
    Promoter - financial intermediary
    Cantabria Education
    Gobierno de Cantabria
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 50 million.
    Up to EUR 144 million.
    Description
    Objectives

    The project comprises several investments from pre-university to university education spread throughout the Comunidad de Cantabria, Spain.

    Investments include the rehabilitation of the historical buildings of the former Universidad Pontificia de Comillas and their transformation into a teaching and research facility dedicated to the Spanish language, and into the Spanish headquarters of Colegios del Mundo Unido (United World Colleges). Other investments are dedicated to music education, support facilities for University students, new schools for pre-school and primary education and expansion of three schools catering for pre-university education students.

    Environmental aspects
    Procurement

    Educational facilities are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project may be covered by Annex II of the Directive in relation to urban development. During appraisal the Bank’s services will verify whether any EIA is required and the environmental effects of the project.

    As a public administration entity the promoter is required to follow EU public procurement rules (2004/17/EC and 2007/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in the regional’s legislation.

    Link to source
    Summary sheet

    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).

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