Company intelligence
Rhode Island Infrastructure Bank
Creating Jobs, Building the Economy
About Rhode Island Infrastructure Bank
Rhode Island Infrastructure Bank (the Bank) is the State’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners. Over the past 25 years, the Bank has invested over $2 billion in local infrastructure which have created over 56,000 jobs. The Bank has consistently been ranked number one in the nation in its ability to leverage capital for its core lending programs in clean water, drinking water, and wastewater infrastructure. Building upon this success, the Bank has significantly expanded its investments in clean energy, transportation, and brownfield remediation since 2015. To learn more, please visit our website: www.riib.org.
Verified activity
Signals from Rhode Island Infrastructure Bank
4 published signals
Customers & Market
Rhode Island Infrastructure Bank provided a 20-year loan with a 2.85% interest rate to Westerly ratepayers to save more than $6 million in interest payments compared to a market-rate loan.
Reported by Bill Fazioli
Capital & Finance
Rhode Island Infrastructure Bank provided a $45 million Clean Water State Revolving Fund loan to the Town of Westerly Rhode Island to undertake wastewater treatment system upgrades.
Reported by Rhode Island Infrastructure Bank
Capital & Finance
Rhode Island Infrastructure Bank released an update highlighting a $45 million loan for the Town of Westerly to make major upgrades to their wastewater treatment plant
Reported by Rhode Island Infrastructure Bank
Presence & Recognition
Rhode Island Infrastructure Bank produced a new video highlighting the scope of its programs designed to help city, town, and quasi-public partners across Rhode Island invest in critical wastewater, stormwater, drinking water, road and bridge, and resilient infrastructure solutions.
Reported by Rhode Island Infrastructure Bank