Thursday, January 31, 2019

Infrastructure Bank Participates in RI League of Cities & Towns' Conference

Rhode Island Infrastructure Bank contributed to multiple panel discussions at the Rhode Island League of Cities and Towns’ 19th Annual Conference. The conference drew 450 attendees, including mayors, town managers, finance directors, and other municipal officials. Jeffrey Diehl, the Bank’s Executive Director and CEO, moderated a panel, explaining how municipalities can reduce capital project costs through innovative financing methods. Speakers on the panel reviewed relevant case studies and discussed the best ways for municipalities to achieve the lowest project finance costs. “The Infrastructure Bank has a variety of programs to assist municipalities with their local investments,” said Jeffrey Diehl. “Climate change, access to clean water, road and bridge investments, energy costs and school construction are top of mind for municipal leaders; the Bank will continue to provide options and expertise to support this work.” In addition, Michael Baer, Managing Director of Program and Business Development, participated on a panel addressing innovative methods of managing energy resources for Rhode Island’s public schools. Chief Resilience Officer Shaun O’Rourke moderated a timely panel on evaluating climate change risk for municipalities. The Infrastructure Bank also occupied a booth at the Conference to provide more information on the range of diverse financing opportunities offered by the Bank.

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