Project to continue rehabilitation of Tijuana’s “Colector Poniente” to receive US $2.42 million grant
Coronado, California – The North American Development Bank (NADB) and the local water utility, Comisión Estatal de Servicios Públicos de Tijuana (CESPT) have signed a US$2.42 million grant agreement to continue the rehabilitation of a deteriorated section of the collector main “Colector Poniente”, located in the northwestern area of the city of Tijuana, and to help reduce transboundary wastewater flows affecting the Cali-Baja region.
NADB Board of Directors approves US $10.5 million in financing for three environmental infrastructure projects
Ciudad Juárez, Chihuahua – The Board of Directors of the North American Development Bank (NADB) approved US$10.5 million in loans and grants to support three new projects in the areas of wastewater and solid waste management, which will benefit communities on both sides of the U.S.-Mexico border.
North American Development Bank Board of Directors approves $1.98 billion-peso loan for Line 3 of Metrorrey
Monterrey, Nuevo León. – The North American Development Bank (NADB) announced that its Board of Directors approved a loan for up to $1.98 billion pesos (US$122.62 million) for Regiotren, S.A. de C.V., (Regiotren) to finance the acquisition of electric cars for Metrorrey Light Rail Transit Line No. 3 in Monterrey, Nuevo Leon
City of Willcox, Arizona celebrates completion of Wastewater Treatment Plant Upgrades
Willcox, Arizona – The City of Willcox celebrated the completion of improvements to its wastewater treatment plant (WWTP), which will increase the quality of the effluent discharged to Cochise Lake, as well as better wastewater treatment services for 100% of the community. NADB provided a US$4.7 million grant for plant improvements.
Grant agreement signed for water system project in the community of José Silva Sánchez, Tamaulipas
The water utility in Soto la Marina, Tamaulipas, to receive US$250,000 grant from the North American Development Bank. Approximately 135 residents to have first-time access to water service.
North American Development Bank ‘AA’ rating affirmed by Fitch with a stable outlook
San Antonio, Texas – Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook. Fitch’s annual rating assessment reflects the Bank’s excellent capital position, controlled asset growth and strong risk management with conservative limits for leverage and liquidity.
North Alamo Water Supply Corporation celebrates completion of a regional wastewater collection and treatment project
NADB provided US$1.89 million construction grant for wastewater collection components and sewer connections. The project provides first-time services to colonias in Hidalgo County, Texas.
Brownsville completes wastewater collection system and residential connections in FM 511-802 Colonias project
Brownsville, Texas – A ribbon-cutting ceremony took place this afteroon to commemorate the completion of a wastewater collection system and residential connections in the FM 511-802 Colonias to provide service to more than 2,200 residents in the southeastern area of the city of Brownsville, Texas.
Grant agreement signed for a wastewater collection and treatment project in Camargo, Tamaulipas
The North American Development Bank and water utility in Camargo, Tamaulipas, have signed a US$2.53 million grant agreement. It will benefit 8,819 residents.
Loan increase provided for low-emission bus program in Mexico border region
North American Development Bank and Mercader Financial, S.A., SOFOM, E.R., sign agreement for US$20 million loan increase.