News Releases
IBank Board Approves $11 Million Loan to City of Del Mar for Utility Line Undergrounding Project
IBank board of directors approved $11 million in loan financing for the City of Del Mar for a project that will move utility lines underground — lowering maintenance costs and reducing fire risks currently related to above-ground utilities…
IBank Board Approves $8.6 Million Loan to Alta Irrigation District for Water Conservation
SACRAMENTO (April 2, 2025) — The California Infrastructure and Economic Development Bank (IBank) board of directors approved $8.6 million in loan financing for the Alta Irrigation District for a project that will improve water drainage and supply and help with flood control efforts…
Shrina Kurani Appointed Deputy Director of Venture Capital at IBank
SACRAMENTO (March 24, 2025) — The California Infrastructure and Economic Development Bank (IBank) is pleased to announce the appointment of Shrina Kurani as Deputy Director of Venture Capital. In this role,…
Andy Nakahata Appointed Chief Deputy Executive Director of IBank
IBank announced Andy Nakahata as its Chief Deputy Executive Director/Chief Operating Officer. Nakahata was appointed following more than three decades working with state…
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