The DC Water and Sewer Authority closed on a historic deal this week, issuing the nation's first Environmental Impact Bond to fund the initial green infrastructure project in its DC Clean Rivers Project. Read more coverage in Bond Buyer magazine.
On September 29, the DC Water and Sewer Authority issued the nation’s first Environmental Impact Bond. This $25 million bond issuance funded the initial green infrastructure installation in DC Water’s Clean Rivers Project – a project that aims to reduce combined sewage overflows (CSOs) into the Anacostia River, Potomac River, and Rock Creek tributaries. ...