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Reference: 20100452
Release date: 12 October 2010

Promoter – Financial Intermediary

University of Strathclyde

Location

Description

Capital investment programme dedicated to the development and refurbishment of the University of Strathclyde’s campus in Glasgow.

Objectives

The proposed project is designed to assist the university, and by extension the United Kingdom, in improving its readiness to contribute to the common European Higher Education Area and the European Research Area by strengthening the teaching and research capabilities of the University of Strathclyde.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to GBP 100 million.

Total cost (Approximate amount)

GBP 350 million.

Environmental aspects

Universities are not specifically mentioned in the EIA Directive on Environmental Impact Assessment, though the project is covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify the EIA screening decision of the Competent Authority during appraisal.

Procurement

The Bank requires the promoter to ensure that all relevant contracts for the implementation of the project have been tendered, or will be tendered, in accordance with the relevant EU procurement legislation.

Status

Signed - 17/05/2011

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 Education