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    Signature(s)

    Amount
    € 59,858,733.39
    Countries
    Sector(s)
    United Kingdom : € 59,858,733.39
    Education : € 59,858,733.39
    Signature date(s)
    9/01/2012 : € 59,858,733.39
    Link to source

    Summary sheet

    Release date
    6 September 2011
    Status
    Reference
    Signed | 09/01/2012
    20110326
    Project name
    Promoter - financial intermediary
    University of Edinburgh

    University of Edinburgh

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    GBP 50 million (EUR 57 million)
    GBP 110 million
    Location
    Sector(s)
    Description
    Objectives

    Capital investment programme dedicated to the development and refurbishment of elements of the University of Edinburgh’s estate in Edinburgh.

    The aim of the project is to improve efficiency, both functional and energy efficiency, by re-locating activities from different sites. Installation of a new cogeneration plant will cut CO2 emissions, and thus help the University of Edinburgh to meet its institutional climate change targets.

    Environmental aspects
    Procurement

    The project concerns teaching and research activities that will be carried out mainly within existing university facilities. An EIA is therefore not required in accordance with the EIA Directive 85/337, amended by 97/11 and by 2003/35/EC. However, as parts of the investment cover the construction of new facilities and therefore may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required for any component of the project.

    The promoter is required to respect national and European procurement legislation. The Bank requires the promoter to ensure that all relevant contracts for the implementation of the project have been tendered, or will be tendered, in accordance with the relevant EU procurement legislation. The procurement issues will be studied during appraisal.

    Link to source

    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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