UNIVERSITY OF BIRMINGHAM CAMPUS DEVELOPMENT II (EIB-20160711)

Countries
  • United Kingdom
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
University of Birmingham
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 74.70 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 70 million
Converted using 2017-04-05 exchange rate.
Loan Amount (USD)
$ 74.70 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 70 million
Converted using 2017-04-05 exchange rate.
Project Cost (USD)
$ 217.71 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 204 million
Converted using 2017-04-05 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Feb 16, 2018

Disclosed by Bank Jan 30, 2017


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Project Description

The project will support the University of Birmingham's estate strategy for the coming five years by financing renovation and new construction of university facilities as well as an overall landscaping upgrade in the heart of the university's Edgbaston campus in Birmingham. The project amongst other sub-components will include a new data centre, the refurbishment of the old gym, a new collaborative teaching laboratory and the relocation of the Psychology faculty.

The overall environmental and social rating of the project is considered acceptable for financing by the Bank. 

 

Investment Description
  • European Investment Bank (EIB)
Contact Information

No contact information provided at the time of disclosure. 

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