CIS Secures Second Tranche of Private Financing from the Urban Investment Group at Goldman Sachs Alternatives to Expand Stormwater Infrastructure in Greater Milwaukee
CIS, the nation’s leading resilient infrastructure builder, has announced the deployment of a second tranche of private financing from its credit facility with the Urban Investment Group (UIG) at Goldman Sachs Alternatives. This funding will further enhance CIS’s capacity to mitigate stormwater runoff across the Greater Milwaukee region through its Community-Based Partnership (CBP) with the Milwaukee Metropolitan Sewerage District (MMSD) called Fresh Coast Protection Partnership (FCPP). Since the 1990s, MMSD has been implementing green infrastructure strategies to slow or capture water before it reaches discharge points, complementing grey infrastructure by increasing capacity. A variety of programs, partnerships, and policies have established the foundation for MMSD’s 2035 Vision, targeting a storage capacity of 740 million gallons. So far, MMSD has achieved over 100 million gallons, with CIS accounting for over ten percent of that total in the past five years alone.
