 In June 2011, the mining company BHP Billiton agreed to donate AU$10 million to UCL to fund the establishment of two energy institutes – the Energy Policy Institute, based in Adelaide, and the Institute for Sustainable Resources, based in London.In November 2011, UCL announced plans for a £500 million investment in its main Bloomsbury campus over 10 years, as well as the establishment of a new 23-acre campus next to the Olympic Park in Stratford in the East End of London.It revised its plans of expansion in East London and in December 2014 announced to build a campus (UCL East) covering 11 acres and provide up to 125,000m2 of space on Queen Elizabeth Olympic Park.