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R.I. Infrastructure Bank names new CFO/COO

PROVIDENCE – The Rhode Island Infrastructure Bank is staffing up to help oversee its influx of federal funding. The quasi-public financing agency recently named Eileen...

R.I. Infrastructure Bank awards $1M in grants to 4 municipalities

PROVIDENCE – The Rhode Island Infrastructure Bank recently awarded $1 million in grants to four municipalities for public infrastructure projects, according to a news...

Opening of R.I.’s first utility-scale battery storage system celebrated

BURRILLVILLE – Gov. Daniel J. McKee along with the Pascoag Utility District and the R.I. Office of Energy Resources celebrated the opening of Rhode...

R.I. Infrastructure Bank finances $122M in grants, loans in FY 22

PROVIDENCE – The Rhode Island Infrastructure Bank financed more than $122 million in low-interest loans and grants in fiscal year 2022, according to an...

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...
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