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    Summary sheet

    Release date
    8 July 2014
    Status
    Reference
    Approved | 16/09/2014
    20140078
    Project name
    Promoter - financial intermediary
    UK UNIVERSITIES PROGRAMME LOAN - PHASE II
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    GBP 203 million (EUR 255 million)
    GBP 1400 million (EUR 1760 million)
    Location
    Sector(s)
    Description
    Objectives

    Programme Loan for funding a range of capital expenditure investments in British higher education institutions with a focus on research and employability aspects.

    The benefits of the projects derive from the increased scope in achieving well-trained undergraduate and postgraduate students, an expanded research capacity with a focus on applicability of results, and a sustainable and value driven contribution towards economic development in the regions around the universities through the delivery of high quality education services and induced activities in other sectors. The projects will promote interaction between the universities and business sectors.

    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 as well as any potential impact on nature conservation sites.

    The UK universities, as charitable bodies, are governed by public law, and are thus required to comply with national and European legislation governing the procurement of publicly financed projects in the UK. In recent university transactions financed by the Bank, the procurement notices have been published in OJEU and the applied procedures have been in accordance with EU legislation.

    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 - PHASE II
    Publication Date
    8 Oct 2014
    Document language
    Main Topic
    Lending
    Document Number
    54879224
    Document Focus
    Environmental Information
    Project Number
    20140078
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - UNIVERSITY OF THE WEST OF ENGLAND BRISTOL
    Publication Date
    22 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    125129156
    Document Focus
    Environmental Information
    Project Number
    20140078
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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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    Complaints mechanism

    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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