Funds provided by the U.S. Environmental Protection Agency.
North American Development Bank and Desaladora Kenton S.A. de C.V. sign US$36.6 million loan agreement. Plant will have capacity to produce 5.7 million gallons a day of water in benefit of more than 86,000 residents.
San Antonio, Texas – Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook. In its analysis, Fitch assessed the Bank’s capitalization and liquidity levels as “excellent.” Other key factors included NADB’s strong risk management, very low equity risk and low counterparty loan concentration.
San Antonio, Texas – During its semi-annual meeting, the Board of Directors of the North American Development Bank (NADB) and the Border Environment Cooperation Commission (BECC) announced that, on November 10th, the amendments to the institutions’ Charter will enter into effect, integrating the BECC and the NADB into a single institution for the development and financing of sustainable environmental infrastructure in the U.S.-Mexico border region.
San Antonio, Texas – The North American Development Bank (NADB) and the water utility, Organismo Operador Municipal de Agua potable, Alcantarillado y Saneamiento (OOMAPAS), have signed a US$5.26 million grant agreement to help finance the expansion of the city’s water distribution and wastewater collection systems in residential subdivisions in the southwestern area of Nogales, Sonora.
Condado de Doña Ana, Nuevo México – Esta mañana, se llevó a cabo una ceremonia para dar inicio a la construcción de una nueva planta de tratamiento de aguas residuales (PTAR) para la ciudad de Sunland Park realizada por el organismo operador regional, Camino Real Rural Utility Authority (CRRUA), seguida de otra ceremonia de corte de listón para inaugurar un proyecto de mejoras al sistema de agua potable en la comunidad de Mesilla. Ambas comunidades se localizan en el condado de Doña Ana, Nuevo México.
Hermosillo, Sonora. – During its semi-annual meeting held in Hermosillo, Sonora, the Board of Directors of the North American Development Bank (NADB) and the Border Environment Cooperation Commission (BECC) announced that the Governments of the United States and Mexico expect to complete the legal formalities that will fully merge the two institutions.
Willcox, Arizona – Today, the City of Willcox, Arizona hosted a groundbreaking ceremony for the rehabilitation and upgrade of the existing wastewater treatment plant (WWTP) that will improve the quality of the effluent discharged to the Cochise Lake, an impaired water body, and reduce any health risks associated with environmental deterioration and ground and surface water contamination.
Hermosillo, Sonora – As part of the implementation of the Emerging and Sustainable Cities (ESC) methodology jointly being carried out by the North American Development Bank (NADB) and the Inter-American Development Bank (IDB) in Hermosillo, Sonora, the Harvard University Graduate School of Design (GSD) today launched the development of the study “Rethinking Hermosillo – Future Vision of the City,” which consists of an urban analysis of the city to identify individual projects that can be developed and executed in the short and medium term.
Hermosillo, Sonora – Today the first of five modules of the diploma-level course on the basics of water utility management was initiated in Hermosillo, Sonora. The program is offered to water utility professionals by the North American Development Bank (NADB) through its Utility Management Institute (UMI).