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    Signature(s)

    Amount
    € 365,697,607.75
    Countries
    Sector(s)
    United Kingdom : € 365,697,607.75
    Education : € 365,697,607.75
    Signature date(s)
    22/12/2015 : € 162,999,185
    24/02/2016 : € 202,698,422.75

    Summary sheet

    Release date
    11 June 2015
    Status
    Reference
    Signed | 22/12/2015
    20140639
    Project name
    Promoter - financial intermediary
    UNIVERSITY COLLEGE LONDON CAMPUS DEVELOPMENT
    UNIVERSITY COLLEGE LONDON
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 396 million (GBP 280 million)
    EUR 812 million (GBP 574 million)
    Location
    Sector(s)
    Description
    Objectives

    The project will finance renovation and extension of certain buildings on University College London's (UCL's) existing Bloomsbury campus, and the first phase in the development of a new 50 000 m2 campus at UCL East. This will be a multi-discipline campus, including experimental engineering and design, laboratories and research facilities, and aiming to foster innovation, new insights and new industries.

    The proposed project is designed to help University College London contribute to the common European Higher Education Area and the European Research Area by strengthening its teaching and research capabilities.

    Environmental aspects
    Procurement

    Universities and research institutions are not specifically mentioned in Directive 2011/92/EU on environmental impact assessment (EIA), though the project may be covered by Annex II of the directive in relation to urban development. The Bank's services will check during appraisal the screening decision of the competent authority and whether an EIA is required.

    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/EC and Dir. 2007/66/EC (amending Directives 1989/665/EEC and 1992/13/EEC) and Regulation (EU) No 1336/2013), with publication of tender notices in the EU Official Journal, as and where required.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - UNIVERSITY COLLEGE LONDON CAMPUS DEPLOYMENT
    Publication Date
    3 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61143999
    Document Focus
    Environmental Information
    Project Number
    20140639
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - UNIVERSITY COLLEGE LONDON CAMPUS DEVELOPMENT
    Publication Date
    31 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    174716130
    Document Focus
    Environmental Information
    Project Number
    20140639
    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.

    Media enquiries

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

    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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