Ryan's blog

February 26, 2018 Board Meeting

Notice of Meeting

 

Rhode Island Infrastructure Bank

Board of Directors – Monday, February 26, 2018

Agenda

 

 Place:     235 Promenade Street, Suite 119

                       Providence, RI 02908

 

Time:     3:00 pm

 

     Old Business:

 

February 2018 Newsletter

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

  • Westerly Manufacturer Improves Competitive Position using C-PACE Financing
  • Infrastructure Bank CEO Featured on The Bond Buyer Podcast
  • Infrastructure Bank Will Host Legislative Day at RI State House

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RI Infrastructure Bank Continues to Reduce Energy Costs for Businesses through C-PACE Program

PROVIDENCE, RI – Jeffrey R. Diehl, CEO of Rhode Island Infrastructure Bank (Infrastructure Bank), announced today that its fourth Commercial Property Assessed Clean Energy (C-PACE) project has been financed. The program will allow US Extruders, a manufacturer that produces custom single-screw extruders in Westerly, RI, to finance the installation of roof-mounted solar panels. The improvements will save US Extruders an estimated $247,000 (net of debt service) in reduced energy costs over the 20-year financing term. The total investment in the project is $503,000.