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Reference: 20030133
Release date: 1 April 2003

Promoter – Financial Intermediary

St Helens and Knowsley Hospitals National Health Service Trust (the “Trust”)

Location

Description

The Project comprises the reconfiguration and modernisation of three hospital sites in St Helens and Knowsley. It includes new building, refurbishment of existing buildings and some equipment provision.

Objectives

The Project is fully in line with both regional and national health priorities. In particular, it responds to the recommendations of a strategic review of options for modernising health care supported by local health services and local authorities. The project will support the introduction of modern models of care and address the problems of an outdated and inappropriate healthcare capital stock. Moreover the investment is located in an area of extremely high health need. It will also have a powerful impact on local economic development in a highly disadvantaged area.

Sector(s)

Proposed EIB finance (Approximate amount)

Approximately GBP 100 million (approx. EUR 149 million)

Total cost (Approximate amount)

Approximately GBP 205 million (approx. EUR 303 million)

Environmental aspects

The project will significantly enhance the built environment within which staff work and patients receive care. Located in an urban area, the new buildings will substitute for obsolete existing ones dedicated to the same activity. During appraisal, the Bank will verify whether the development is covered by Directive 97/11/EC.

Procurement

The project was advertised in the Official Journal in October 2002, and the selection of the preferred partner is on-going.

Status

Signed - 1/06/2006

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).

Related tags

United Kingdom Health