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    Signature(s)

    Amount
    € 64,690,759.75
    Countries
    Sector(s)
    United Kingdom : € 64,690,759.75
    Education : € 64,690,759.75
    Signature date(s)
    17/03/2016 : € 10,227,824.8
    25/03/2014 : € 54,462,934.95
    Link to source
    Data sheet

    Summary sheet

    Release date
    6 January 2014
    Status
    Reference
    Signed | 25/03/2014
    20130488
    Project name
    Promoter - financial intermediary
    BANGOR UNIVERSITY
    BANGOR UNIVERSITY
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 59 million (GBP 50 million)
    EUR 131 million (GBP 112 million)
    Location
    Sector(s)
    Description
    Objectives

    The purpose of the project is to construct new teaching, research and supporting facilities of the Bangor University (BU) in the city of Bangor in the county of Gwynedd in North Wales. The aim is to increase the quality of teaching, learning and academic research at the university by updating the university facilities. The new buildings are designed to be highly energy efficient and meet the highest BREEAM classification. The university has a demonstrated experience on managing and implementing large infrastructure projects.

    A substantial programme of building and refurbishment will be implemented over the coming years to ensure that the buildings are of high quality and enhance the research, teaching and social learning space in the University. The objectives for the 2012 Estate Strategy are to:
    • Deliver a high quality student experience.
    • Invest to provide a consistently good, fit for purpose estate.
    • Support research, enterprise and sustainability.
    • Conserve and enhance the University’s heritage.

    Environmental aspects
    Procurement

    Universities and research institutions are not specifically mentioned in the annexes I and II of the
    EIA Directive 2011/92/EU and therefore do not require a mandatory Environmental Impact Assessment. 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 Promoter to ensure that contracts for the implementation of the project 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.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - BANGOR UNIVERSITY
    Publication Date
    12 Mar 2014
    Document language
    Main Topic
    Lending
    Document Number
    50055302
    Document Focus
    Environmental Information
    Project Number
    20130488
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - BANGOR UNIVERSITY
    Publication Date
    24 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    151222175
    Document Focus
    Environmental Information
    Project Number
    20130488
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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