Blog

Trust Wins CDFA Excellence Award for Municipal Buildings Retrofit

The Illinois chapter of the Council of Development Finance Agencies (“CDFA”) has bestowed the Chicago Infrastructure Trust with an Excellence Award related to the Municipal Buildings Retrofit initiative. “Each year CDFA is proud to honor excellence in development finance. The work of our award winners is cutting-edge, innovative, and an example of best practices in our industry,” said Toby Rittner, CDFA President & CEO. Through

CNG Forum Follow-up and Open Bid Proposal Addendum

On April 28, 2015, the Chicago Infrastructure Trust hosted its CNG Industry Forum.  A list of companies in attendance at the Forum is available here. Forum Presentations  Scott Perry, Vice President, Supply Management & Global Fuel Products, Ryder Fleet Management Solutions, Ryder Systems Inc. Samantha Bingham, Environmental Policy Analyst, Chicago Department of Transportation & Coordinator, Clean Cities Chicago Bob Fahlstrom, City of Chicago Department of

Trust Launches CNG Open Bid with Industry Forum Details

The Chicago Infrastructure Trust has launched a Competitive Open Bidding process for its Compressed Natural Gas (“CNG”) initiative. The program’s objective is to create a compelling network of CNG stations that enable vehicle operators to fuel in the City of Chicago. The Trust will play a special, intermediary role and enter into a Master Development Agreement with the selected partner(s), who will have individual agreements

Trust Launches Solar Energy Open Bidding Process

The Chicago Infrastructure trust is pleased to announce commencement of an Open Bidding Process for its Solar Energy initiative. Any party that wishes to offer its proposal for an energy efficient Solar Energy project is invited to do so at proposal@shapechicago.org by April 17, 2014 at 9 AM CST. If the Trust receives additional proposals from interested parties (other than the proponent of the initial

Trust Launches Open Bidding Process for Museums & Zoos Retrofit

The Chicago Infrastructure trust is pleased to announce commencement of an Open Bidding Process for the Museums & Zoo Retrofit initiative. Any party that wishes to offer its proposal for an energy efficient Museums and Zoos project is invited to do so at proposal@shapechicago.org by April 13, 2014 at 12 PM CT. If the Trust receives additional proposals from interested parties (other than the proponent

Municipal Buildings Retrofit Wins Energy Efficiency Award

The Municipal Buildings Retrofit, as part of Mayor Emanuel’s Sustainable Chicago 2015 Action Agenda, has been awarded the Midwest Energy Efficiency Alliance’s (MEEA) 2015 Inspiring Efficiency Impact Award. “Retrofit Chicago strengthens Chicago by accelerating energy efficiency across the city,” said Karen Weigert, chief sustainability officer with the City of Chicago. “Retrofit Chicago works with multiple partners to make it easier for residents and businesses to

Trust Brokers $32.5M 4G Deal on CTA’s Behalf

Mayor Rahm Emanuel today announced a $32.5 million deal, brokered by the Chicago Infrastructure Trust, with America’s four major wireless providers – T-Mobile, AT&T, Verizon, and Sprint – to finance a network modernization project for the Chicago Transit Authority (CTA) to upgrade the wireless network in the City’s subway system. T-Mobile, AT&T, Verizon, and Sprint have collectively agreed to fund the entire upgrade related to

Park District Enters ESA Agreement with Trust

The Chicago Park District Board of Commissioners, on January 14, 2015, authorized an Intergovernmental Agreement with the Chicago Infrastructure Trust to provide energy efficiency services to up to 68 parks districtwide.  The Trust, as project owner, will undertake the development, acquisition, and construction of the project with the District’s obligation limited to the energy savings produced by the project through an Energy Savings Agreement (ESA) structure.

Trust Announces Senior Hires

The Chicago Infrastructure Trust is pleased to welcome Michael Nicholas as Managing Director.  He will provide financing, project management and relationship-building expertise to the Trust. Previously, Michael served in a variety of senior finance and strategy roles in the restaurant, retail and consulting industries. He has extensive experience in capital raising, operational finance, planning & budgeting, project management, board governance and restructuring/bankruptcy. Additionally, Charisse Conanan