Noordwest invests 230 million euro in Dutch care with the help of BNG Bank en EIB
22 May 2019
The investment programme concerns the renovation of the Den Helder location, the new construction of the first phase in the Alkmaar location, the construction of an underground parking garage in Alkmaar, the renovation of the Westerlicht home and the implementation of the electronic medical record.
Joop Hendriks, chairman of the board: "We are very glad that we were able to close this financing agreement. We have seen a great collaboration between several governmental institutions, which have all recognised the importance of good quality hospital care in the northern part of the province of Noord-Holland. Thanks to these loans, we can cover our investment programme for the coming years. It will allow us to not only guarantee our quality care, but also further expand it throughout the region. A great milestone for Noordwest!"
The base for the loans was an extensive business case which has seen long negotiations. Thanks to the chosen construction of the loan, Noordwest enjoys particularly advantageous conditions; a longer tenor and a relatively low interest rate. The European Investment Bank will lend EUR 120 million, supported by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe, also known as the Juncker Plan. A further EUR 110 million comes from BNG Bank. The municipality of Alkmaar will provide a EUR 40 million guarantee on the loans; half of which is meant for the construction of the underground parking, half for the first phase of the new construction of the Alkmaar location.
Signing of the loan agreements. On the front row (from left to rigth):
Huizer and Pauline Bieringa (BNG Bank),
Hendriks (Noordwest Ziekenhuisgroep),
Heinz Olbers and Andéol du Tremolet (EIB) and
Pieter Dijkman (alderman of the municipality of Alkmaar). Picture by Pierre Mettes.
BNG Bank is a committed partner for a more sustainable society. We enable the public sector to achieve socially relevant objectives. With a balance sheet of more than EUR 130 billion, we are the fourth-largest bank in the Netherlands and a relevant financier for local authorities and institutions for housing, healthcare, education, energy and infrastructure. BNG Bank aims to make a social impact rather than maximise its profit. Please find more projects on our website.
The European Investment Bank is the EU's long-term lending institution; her shares are held by the EU Member States. The EIB makes long-term financing available for sound investment projects that contribute to the policy goals of the European Union. Last year, the EIB made available around EUR 2 billion for projects in the Netherlands alone.
The Investment Plan for Europe – the Juncker Plan - focuses on strengthening European investments to create jobs and growth. It does so by making smarter use of new and existing financial resources, removing obstacles to investment, and providing visibility and technical assistance to investment projects. The European Fund for Strategic Investments (EFSI) is the central pillar of the Juncker Plan. It provides a first loss guarantee, allowing the EIB to invest in more, often riskier, projects. So far, the projects and agreements approved for financing under the EFSI are expected to mobilise EUR 398.6 billion in investments and support around 949,000 SMEs across all 28 Member States. Find the latest EFSI figures by sector and by country here, or see the FAQs.