Search En menu en ClientConnect
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20230827
    Release date: 30 April 2024

    Promoter – Financial Intermediary




    The project concerns the construction of new facilities for the Information Management School (IMS) of Universidade NOVA de Lisboa, located in Algés (Oeiras, Portugal).


    By supporting the modernisation of a prestigious public higher education institution, the project will improve the quality and accessibility of higher education in Portugal, thus contributing to the country's human capital formation and economic and social development. The project will also improve the energy efficiency and comfort of NOVA's buildings.


    Proposed EIB finance (Approximate amount)

    EUR 35 million

    Total cost (Approximate amount)

    EUR 78 million

    Environmental aspects

    Universities are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by Directive 2014/52/EU), though the Project is covered by Annex II of the directive in relation to urban development. The EIB's services will verify the screening decision of the competent authority during appraisal and whether an EIA is required. It is expected that the Project will have positive social benefits as education is an element of social cohesion. The public buildings will be required to meet at least the minimum national targets concerning energy efficiency. The design energy performance of the buildings and any specific related targets to be met will be verified during appraisal.


    The promoter is subject to EU public procurement legislation. The Bank would require the Promoter to ensure that contracts for the implementation of the Project will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU where applicable as well as Directive 92/13/EEC or Directive 89/665/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.


    Approved - 26/06/2024

    Under appraisal
    26 June 2024


    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

    Portugal Education