Release date: 12 March 2025
Promoter – Financial Intermediary
PUBLIC ENTITY(IES)Location
Description
The Lending Envelope (LE) will support investments in the construction, extension, renovation, and rehabilitation of public higher education and research institution premises in Poland and the Baltic States.
Objectives
This is the second LE of its kind after the successful launch of the Higher Education and Research Lending Envelope in 202 supporting construction, extension, renovation and rehabilitation of a selected number of university premises in Poland and the Baltic States. The aim is to support universities in their efforts to upgrade their campuses, which are often comprised of buildings that have reached the end of their useful life. The fast take-up of the first lending envelope confirmed the strong demand for investments in the improvement of learning, teaching and research conditions at universities in Poland and the Baltic States, including improved accessibility for people with disabilities, and energy efficiency of buildings.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
EUR 600 million
Environmental aspects
The Directive 2011/92/EU amended by 2014/52/EU does not specifically mention the need for an Environmental Impact Assessment (EIA) for buildings relating to education, but it may be that some sub-projects can be regarded as urban renewal projects (Annex II of the European Directive). This will be verified for each suboperation during the appraisal. Directive 2010/31/EU amended in 2018 by Directive (EU) 2018/844 on the Energy Performance of Buildings will be checked during appraisal for each sub-operation on a case-by-case basis. The possible impact on natural sites will be checked during the appraisal of each sub-operation. The Project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation and climate adaptation.
Procurement
The promoter shall ensure that contracts for the implementation of the Project shall be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Under appraisal - 29/11/2024
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).