The operation involves a 30-year senior unsecured loan to part finance the construction of a new 15 000m2 building for the Cork University Business School (CUBS) at University College Cork (UCC) in the centre of the city of Cork in southern Ireland. The project will support the consolidation of the business school departments into one site in modern facilities to enhance the teaching and learning environment. The project involves the demolition of an existing unused former industrial building and construction of a new business school building onto one site by providing modern academic teaching and learning spaces and facilities to support expansion. The building will be a highly energy performing building and includes climate adaptation measures.
| InvestEU operation amount | EUR 50 million |
| Sector | Education |
| Subsector | |
| Policy window | Social investment and skills (SISW) |
| Approval by the Investment Committee | 23 March 2023 |
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- Reference
- INVEU-ICR-0014-2023
- Project locations
- Ireland
- Policy window
- Social investment and skills (SISW)
- Eligible areas
- Environment
- Implementing partner
- EIB