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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
The Netherlands : € 200,000,000
Health : € 200,000,000
Signature date(s)
23/12/2020 : € 200,000,000
Link to source

Summary sheet

Release date
16 September 2020
Status
Reference
Signed | 23/12/2020
20200131
Project name
Promoter - financial intermediary
S HEEREN LOO SUSTAINABLE LONG-TERM CARE
STICHTING 'S HEEREN LOO ZORGGROEP
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 660 million
Location
Sector(s)
  • Health - Human health and social work activities
Description
Objectives

Refurbishment and new construction of long-term care facilities for clients with intellectual disabilities throughout the Netherlands, 2015-2025.

The project comprises the Promoter's investment plan to update, replace and reorganise predominantly residential facilities for about 5 000 clients with severe intellectual disabilities. Amongst others, the works include the construction of sheltered care homes where clients live in small groups while being cared for by qualified staff around the clock. The project is expected to allow for the reorganisation of service delivery, the introduction of better living conditions and improve efficiency and effectiveness in order to respond to the actual needs of clients with severe intellectual disabilities.

Environmental aspects
Procurement

Buildings for assisted living and related facilities as such are not specifically mentioned in the EIA Directive 2014/52/EU amending the Directive 2011/92/EU, though the project might be covered by Annex II of the Directive in relation to urban development. The compliance with requirements of the EIA Directive 2011/92/EU as amended by 2014/52/EU on Environmental Impact Assessment (EIA) and Habitats Directive will be verified during appraisal. It is expected that the project will bear wider benefits to the community as healthcare is an element of social cohesion and economic development.

The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to EU public procurement legislation, then the Bank would duly inform the Commission Services and would require the Promoter to apply those rules.

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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