UNIVERSITY OF LEICESTER

Promoter – Financial Intermediary

UNIVERSITY OF LEICESTER

Location

• United Kingdom

Description

Capital expenditure investment programme dedicated to the development and refurbishment of the University of Leicester's campus.

Objectives

The purpose of the project is to construct and refurbish teaching, research and supporting facilities of the University of Leicester. The project will include construction of a new medical school building on a greenfield site and the creation of six research centres of excellence focused in areas such as genetics and sport medicine. The project will also include the construction of a new management training centre and new state of the art conference facilities.

Sector(s)

• Education

Proposed EIB finance (Approximate amount)

EUR 74 million (GBP 60 million)

Total cost (Approximate amount)

EUR 170 million (GBP 138 million)

Environmental aspects

Universities and research institutions are not specifically mentioned in the EIA Directive on Environmental Impact Assessment. An EIA is therefore not required in accordance with the EIA Directive 2011/92/EU. However, parts of the investment cover the construction of new facilities may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required for any component of the project. Potential impact of Natura 2000 conservation sites will also be checked.

Procurement

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/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Status

Signed - 23/05/2013