Corvias Infrastructure Solutions (CIS) Names David Washington, PMP as Director of Portfolio Finance Operations

2023-05-11 01:48

WARWICK, R.I.--(BUSINESS WIRE)--May 10, 2023--

Corvias Infrastructure Solutions, LLC (CIS), a national leader in the development and implementation of public infrastructure solutions, announced today that David Washington has re-joined the company. In this capacity, Washington will oversee financial operations across its portfolio, continuing CIS’ commitment to community-based partnerships that focus on green infrastructure solutions and spur economic development.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230510005918/en/

As Director of Portfolio Finance Operations for Corvias Infrastructure Solutions, David Washington will oversee financial operations across its portfolio. (Photo: Business Wire)

Washington brings more than 20 years of experience in various financial management roles, including operating and capital budgets, corporate real estate, infrastructure and project-capital financing, strategic business development, and project management. During his prior tenure with CIS, he was integral in the success of multiple projects, including Phase I of the Prince George’s County Community Based Public-Private Partnership (CBP3) – the Clean Water Partnership.

“David is an incredible asset to bring back to CIS,” said Sanjiv Sinha, Ph.D., P.E., Chief Executive Officer for CIS. “His experience with overseeing large public infrastructure program funding requirements, while exceeding social and economic development performance goals, is very helpful to our funders. In addition, his extensive experience with broader, long-term financial and strategic planning is very valuable to our clients.”

Previously, Washington was the Agency Fiscal Officer for the District of Columbia Office of the Chief Financial Officer for the Department of Energy & Environment (DOEE). At DOEE, Washington led the formulation and execution of the agency’s $286 million annual operating budget. He also led overall financial planning to support the agency’s mission and district’s goals for climate change and resiliency, renewable energy, lead pipe replacement, green infrastructure, and funding. He was instrumental in working with the DC Green Bank to support the district’s goals in meeting Building Energy Performance Standards (BEPS).

“CBPs, as an integrated delivery model for decentralized infrastructure, can be used as a strategic tool to help municipalities invest in infrastructure to achieve long-term regulatory compliance and provide the benefits of meeting triple bottom-line objectives," said Washington. “CBPs give municipal partners flexibility to adjust their strategies and collaborate with their private partners to develop solutions and manage and control costs.”

Washington has led the development of long-term financial and strategic plans totaling more than $1.5 billion for new facilities. This includes major renovations, acquisitions, dispositions, and lease transactions for academic, research, athletic, student housing, utility infrastructure projects.

He holds a bachelor’s in finance and public administration from James Madison University, a master’s in real estate, a Master of Business Administration from Johns Hopkins University, and is a certified Project Management Professional (PMP).

About Corvias Infrastructure Solutions

Corvias Infrastructure Solutions, LLC (CIS), is a national leader in the development and implementation of public infrastructure solutions, focusing on improving the environmental, economic, and social condition of the nation’s infrastructure through solutions that drive local economic inclusion and equity, reduction of public risk, and increased community investment and buy-in. CIS also offers related advisory expertise and services on topics including nature-based solutions, climate resilience, disaster prevention, environmental equity/justice, green stormwater infrastructure, environmental finance, water affordability, and public trust. For more information, please visit www.cisolutions.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230510005918/en/

CONTACT: Mary Humphreys

(401) 541-3375

Communications@Corvias.com

KEYWORD: RHODE ISLAND UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER NATURAL RESOURCES ENVIRONMENT FINANCE NATURAL RESOURCES CONSULTING

SOURCE: Corvias Infrastructure Solutions

PUB: 05/10/2023 01:38 PM/DISC: 05/10/2023 01:37 PM

http://www.businesswire.com/news/home/20230510005918/en