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R.I. Infrastructure Bank closes $7.8M loan for Bristol wastewater treatment upgrades

PROVIDENCE – The Rhode Island Infrastructure Bank recently closed on a $7.8 million loan for upgrades to Bristol’s wastewater treatment facility, according to a...

R.I. Infrastructure Bank awards $4.9M for municipal climate resiliency projects

PROVIDENCE – The Rhode Island Infrastructure Bank recently awarded $4.9 million in grants to 12 cities and towns to pay for projects that improve...

RIIB finances $800K in drinking water upgrades at Ponaganset High School

PROVIDENCE – The Rhode Island Infrastructure Bank recently announced $810,000 in financing for drinking water upgrades at Ponaganset High School in Scituate. The low-interest loan,...
THE FORECASTERS: Panelists participating in PBN’s Economic Trends Summit on Feb. 10 discuss what the future holds for Rhode Island’s economy. Clockwise from top left are PBN Editor Michael Mello, who served as moderator; Thomas Sweeney, owner of Sweeney Real Estate and Appraisal; Jeffrey Diehl, CEO and executive director for the Rhode Island Infrastructure Bank; Thomas Tzitzouris, head of fixed income research for Strategas Research Partners; Elizabeth “Betty” Robson, CEO of J.F. Moran Co.; and Craig Pickell, chairman and CEO of Bullard Abrasives Inc.

Plenty of challenges ahead, but which to solve first?

Inflation. Supply chain bottlenecks. Worker shortages. The pandemic-induced fires are spreading fast, and companies are struggling to figure out which ones to put out first. Local...

R.I. Infrastructure Bank finances $20M loan to Kent County Water Authority

PROVIDENCE – The Rhode Island Infrastructure Bank recently announced a $20 million loan to the Kent County Water Authority, according to a news release. The...

Complaint to EPA accuses Providence Water of discrimination in lead replacement...

PROVIDENCE – A group of local and national activism groups has accused Providence Water Supply Board of violating federal anti-discrimination laws for putting communities...

Report: R.I. Infrastructure Bank funds $734M in energy, infrastructure projects over...

PROVIDENCE – Thirty municipalities have benefited from a combined $734 million in low-interest loans and grants for energy efficiency, renewable energy and resiliency projects...

Fitch upholds top rating for $150M in R.I. Infrastructure Bank bonds

PROVIDENCE – Fitch Ratings recently affirmed the highest possible ratings for $152.5 million of bonds from the Rhode Island Infrastructure Bank, according to a...

R.I. Infrastructure Bank approves $11M loan for Warwick sewer upgrades

PROVIDENCE – The Rhode Island Infrastructure Bank recently approved a nearly $11 million loan for the Warwick Sewer Authority, according to Jeffrey Diehl, the...

R.I. Infrastructure Bank to launch $1M infrastructure grant program with legislative...

PROVIDENCE – The Rhode Island Infrastructure Bank will soon be launching a new grant program to help cities, towns and other public organizations pay...

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