Corvias Infrastructure Solutions

About the fund

The Fresh Coast Protection Partnership is a private credit facility managed by Goldman Sachs Urban Investment Group that finances distributed green stormwater infrastructure projects across Milwaukee. The fund employs a pay-for-success model with capital deployed incrementally as projects are identified, designed, and constructed on both private and public properties. Revenue is contingent on third-party verification of stormwater capture outcomes, measured in gallons, aligning financial returns with quantifiable environmental performance. The fund targets climate adaptation and water resource management in North America through a blended finance structure that mobilizes private capital alongside public sector partners, including the Milwaukee Metropolitan Sewerage District. As of recent data, the program had completed seventeen projects capturing over eleven million gallons of stormwater, with approximately seventy percent located on privately owned sites, demonstrating scalability across mixed property types.

Limited PartnersGoldman Sachs Urban Investment Group