Release date: 4 November 2011
Promoter – Financial Intermediary
Uberior Fund Manager Limited
Location
Description
Primary infrastructure fund focusing on social and economic infrastructure projects in the UK and Western Europe.
Objectives
The fund will invest equity in greenfield economic and social infrastructure projects.
Sector(s)
Proposed EIB finance (Approximate amount)
To be determined
Total cost (Approximate amount)
To be determined
Environmental aspects
Some of the projects in the Fund’s pipeline would be considered to be Annex I or Annex II (screened in) of the EIA Directive 85/337/EC (as amended), thus requiring a full EIA, and some might have an impact on Natura 2000 sites, in which case the requirements of the Habitats Directive 1992/43/EC and Birds Directive 79/409/EEC will apply. The promoter’s capacity and procedures will be assessed to ensure compliance with national and European environmental and biodiversity regulations as well as its capacity to support the Bank's Public Disclosure Policy, which aims at facilitating access by the public to environmentally relevant information.
Procurement
The Fund’s investment guidelines will be required to ensure that procurement procedures applied by the underlying investments financed by the Fund are in line with the provisions of the EU Procurement Directives.
Status
Signed - 11/09/2012
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).