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HELLENIC UNIVERSITIES I

Signature(s)

Amount
€ 138,000,000
Countries
Sector(s)
Greece : € 138,000,000
Education : € 138,000,000
Signature date(s)
22/12/2016 : € 138,000,000
Link to source

Summary sheet

Release date
25 October 2016
Status
Reference
Signed | 22/12/2016
20150746
Project name
Promoter - financial intermediary
HELLENIC UNIVERSITIES I
PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 138 million
EUR 184 million
Location
Sector(s)
Description
Objectives

Reconstruction and new build of facilities for up to nine public universities in Greece

The general objective of the project is to begin to address the large backlog in the upkeep of the facilities caused by many years of severe underinvestment in Greek university infrastructure. The sub-projects should increase the relevance and quality of teaching, learning and research activities at the universities. The ultimate beneficiaries are the students and staff of the universities as well as the eventual employers of the graduates and wider society in Greece.

Environmental aspects
Procurement

The project covers the new construction and rehabilitation of universities which are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, though the project is covered by Annex II of the directive in relation to urban development. During appraisal the Bank's services will verify whether and in which sub-projects an EIA is required by the competent authority, as well as assessing full environmental details. Public buildings will have to meet the relevant national targets concerning energy efficiency as a minimum. The energy performance designs of the new and renovated buildings will be verified during appraisal.

The Bank will require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC or 2014/24/EU where applicable and/or 2004/17/EC or 2014/25/EU where applicable as well as Directives 89/665/EEC and 92/13/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.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - HELLENIC UNIVERSITIES I
Publication Date
23 Dec 2016
Document language
Main Topic
Lending
Document Number
65183175
Document Focus
Environmental Information
Project Number
20150746
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - HELLENIC UNIVERSITIES I - Full Environmental Impact Study
Publication Date
26 Jan 2017
Document language
Main Topic
Lending
Document Number
69399838
Document Focus
Environmental Information
Project Number
20150746
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

General enquiries and comments

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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