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    Summary sheet

    Release date
    31 January 2013
    Status
    Reference
    Approved | 23/04/2013
    20120589
    Project name
    Promoter - financial intermediary
    UK UNIVERSITIES PROGRAMME LOAN
    ACCEPTABLE CORPORATE(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    GBP 250 million (EUR 296 million)
    GBP 600 million (EUR 710 million)
    Location
    Sector(s)
    Description
    Objectives

    Programme Loan for funding a range of capital expenditure projects in British research-intensive higher education institutions

    The purpose of the project is to construct new, and to refurbish existing teaching, research and supporting facilities of several research-intensive universities in the UK. The general objective of the plans is to increase the relevance and quality of teaching, learning and academic research at the universities by increasing and updating the quality of the facilities. The universities are targeting modest increase of their student numbers, and concentrating on further improving the teaching and research they provide. The ultimate beneficiaries are the students and staff of the universities as well as the eventual employers of the graduates and the wider society in the UK.

    Environmental aspects
    Procurement

    Universities and research institutions are not specifically mentioned in the EIA Directive on Environmental Impact Assessment. An EIA is therefore not required in accordance with the EIA Directive 2011/92/EU. However, 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 Bank will require the universities to ensure that contracts for the implementation of their projects have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Comments

    -

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - UK UNIVERSITIES PROGRAMME LOAN
    Publication Date
    4 Nov 2014
    Document language
    Main Topic
    Lending
    Document Number
    46808692
    Document Focus
    Environmental Information
    Project Number
    20120589
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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