According to the Bank’s website, the project will finance the new immunology research centre established by “la Caixa” Foundation in Madrid. The new Institute will be equipped with state-of-the-art facilities on premises of over 20 000 m2, designed to accommodate a team of more than 500, including scientists, technicians and administrators.

The aim of the new biomedical research centre is to promote translational research in immunology. The centre will have a clear mission to collaborate with the scientific community and is intended to increase innovation and competitiveness in the healthcare sector, which is strategic for the European Union.

The renovation of the foundation office building aims at improving its energy performance, in line with the EIB's climate action and environmental sustainability objectives.

Some of the expected negative effects include increased heavy traffic, noise, and dust during construction. Overall, the Project’s impact at the construction stage will be time-limited and reversible, at a level which is deemed acceptable. The construction of the new infrastructure is not expected to generate significant environmental effects and the Promoter is considered to have the capacity to deliver the Project in accordance with the relevant law requirements.

La Caixa, also known as the La Caixa Foundation, is a not-for-profit banking foundation based in Spain, with its headquarters in Palma de Mallorca since October 2017.

Originally a savings bank (caja), it reorganized in the 2000s and 2010s: Its commercial assets are managed under its subsidiary CriteriaCaixa, which also has partial ownership of La Caixa's old banking business CaixaBank; those are used to fund La Caixa's Obra Social — social, cultural, scientific, and civic projects for the public good.

Contact: Maite Cordero
Email: m.corderomunoz@eib.org
Phone: +34 606 66 82 62

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