Ryan's blog

February 26, 2018 Board Meeting

Notice of Meeting


Rhode Island Infrastructure Bank

Board of Directors – Monday, February 26, 2018



 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

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

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.