Who We Are


Our mission is to actively support and finance investments in the State’s infrastructure. The Infrastructure Bank does so through a variety of means, including the issuance of bonds, originating loans and making grants, and the engagement with and mobilization of sources of public and private capital. Through its activities, the Bank fosters infrastructure improvements that create jobs, promote economic development and enhance the environment.


Rhode Island Infrastructure Bank is Rhode Island’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners. We leverage limited capital in a revolving fund to offer innovative financing for an array of infrastructure-based projects including

  • water and wastewater
  • road and bridge
  • energy efficiency and renewable energy
  • brownfield remediation

These quality of life projects improve the State’s infrastructure, create jobs, promote economic development and enhance the environment.

Established by the Rhode Island General Assembly in 1989 as the Clean Water Finance Agency, the Infrastructure Bank’s mandate was significantly expanded in 2015 to include energy and brownfield remediation initiatives. The Infrastructure Bank’s expanded mandate has significantly enhanced its ability to provide competitive financing to a broad variety of infrastructure-based projects. In conjunction with the expansion of its charter, the Infrastructure Bank was rebranded to better reflect its mission and service capabilities.

Our Team

jeffrey diehl

Jeffrey R. Diehl

Executive Director and Chief Executive Officer
Jeffrey R. Diehl is the Executive Director and CEO of Rhode Island Infrastructure Bank. Jeff has over 40 years of experience in public finance and prior to this role was the Managing Partner of Strategic Sovereign Advisors LLC, a consulting firm advising governments and financial institutions. Previously, he held various senior positions at HSBC, a global financial institution, including Vice Chairman–US Public Sector and Global Head of Public Sector Banking. He holds BA and MBA degrees from the University of Michigan.


Chief Financial Officer and Chief Operating Officer

William Fazioli

Managing Director, Program and Business Development

Anna M. Coelho Cortes

Deputy Managing Director

James Braz

Director, Commercial Clean Energy Services

Kenneth C. Viera

Director, Controller

Lilit Rose

Director and Head of Operations, Compliance and Transaction Management

Suh Walker

Executive Assistant & Office Manager

Angela Tuoni

Business Development Analyst

Kimberly Korioth

Stormwater and Resilience Analyst

Marcelina C. Jackson

Program Operations Associate

Paige Myatt

Aquidneck Island Regional Resilience Coordinator

Julia Frantz

Program Operations Associate

Cameron Miller

Financial Analyst

Greg Miller

Business Development Analyst

Board of Directors

Vahid Ownjazayeri


Scott D. Lajoie

Vice Chair

Joshua Celeste


James Diossa

Treasurer | Rhode Island General Treasurer


Assistant Secretary