Release date: 5 May 2008
Promoter – Financial Intermediary
Barclays Bank plcLocation
Description
Programme Loan for financing Further Education projects throughout the UK. The proposed investment programme involves the construction and upgrading of up to 56 college campuses in the UK.
Objectives
To support investments in further education facilities by generating financial benefit for participating borrowers.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 200 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation. The Bank will confirm the status of each application as part of the information requirements submitted by the promoter.
Procurement
The Bank will require the promoters of sub-projects to submit documentation confirming compliance with EU/UK procurement policies.
Status
Signed - 4/11/2008
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).