Ryan's blog

Providence Public Library Embarks on $1.6 Million in Energy Efficiency Renovations Through the Rhode Island C-PACE Program

Providence, RIRhode Island Infrastructure Bank (RIIB) announced today that the Providence Public Library (PPL) has received an investment of $1.6 million in financing from Greenworks Lending to fund comprehensive energy improvements to its historic building through the Bank’s Rhode Island C-PACE program.

 

August 2018 Newsletter

Click here to view RIIB’s August 2018 Newsletter which includes the following stories:

  • Infrastructure Bank Finances Drinking Water Projects for Four Communities
  • Infrastructure Bank Accelerates Green Stormwater Projects
  • 2018 RI Infrastructure Summit Keynote Speakers Announced

If you would like to receive our newsletter via email, please subscribe here.

Rhode Island Infrastructure Bank Invests Over $18 Million in Drinking Water Projects

PROVIDENCE, RI – Rhode Island Infrastructure Bank today announced $18.2 million in financing to support drinking water improvement projects for the Town of Burrillville, Town of Cumberland, Providence Water Supply Board, and the City of Woonsocket. Financing these projects through the Infrastructure Bank’s Drinking Water State Revolving Fund (DWSRF) will save approximately $1 million in interest expenses compared to if these entities had borrowed from other sources.

 

PBN: Rhode Island Infrastructure Bank Finances $17M for Roadway Repairs

Rhode Island Infrastructure Bank finances $17M for roadway repairs

By 

August 3, 2018 4:39 pm

PROVIDENCE – Road and sidewalk improvements are on the way for three Rhode Island communities, thanks to an unconventional financing plan by Rhode Island Infrastructure Bank.

The Providence-based bank is preparing to finance about $17 million in such improvements in Providence, Middletown, and Pawtucket, the bank announced Friday.

July 2018 Newsletter

Click here to view RIIB’s July 2018 Newsletter which includes the following stories:

  • Save the Date - 2018 Rhode Island Infrastructure Summit
  • Infrastructure Bank Saves Municipalities Money for Road Improvement Projects
  • Governor Raimondo Releases State Climate Preparedness Strategy

If you would like to receive our newsletter via email, please subscribe here.

Local Taxpayers to Save Millions in Interest as RI Infrastructure Bank Issues First Public Bond for Municipal Road and Bridge Program

PROVIDENCE, RI – Municipalities across the state will save $2.5 million in interest payments as the Infrastructure Bank issued the first public bond for the Municipal Road and Bridge program, Jeffrey R. Diehl, Executive Director and CEO of Rhode Island Infrastructure Bank, announced today. A recently closed round of loans totaling $7.0 million for infrastructure repair projects in the Town of Middletown and the City of Pawtucket will save those communities alone $700,000.