News

Monterrey, Nuevo León – Today the first of five modules of the new diploma-level course on water utility basics was initiated in Monterrey, Nuevo Leon. The program developed by the Utility Management Institute (UMI) of the North American Development Bank (NADB) is being offered by the Latin American and Caribbean water center, Centro del Agua para América Latina y el Caribe (CDA), of the School of Engineering and Science of the Monterrey Technological Institute (ITESM) to water utility professionals and experts in the field.

San Antonio, TX – This afternoon, Alex Hinojosa, Deputy Managing Director of the North American Development Bank (NADB), was joined by the Governor of Chihuahua as the first of 52,000 solar panels was installed in the Los Santos I solar park in Moctezuma, Chihuahua. Upon completion the 13.6-megawatt (MWAC) solar plant will supply electricity to private off-takers through a 20-year power purchase agreement.

Brownsville, Texas – The new Los Fresnos-Santa Rita Pump Station, which was partially financed with a grant for close to US$990,000 from the North American Development Bank (NADB), was inaugurated today by the Cameron County Irrigation District No. 6 (CCID#6).

Hermosillo, Sonora. – Today, the North American Development Bank (NADB) concluded its fiveweek webinar in Hermosillo, Sonora, with a conference featuring keynote speakers from the World Bank. The 40-hour webinar, “Turn Down the Heat: Why a 4°C Warmer World Must be Avoided” was offered in a group session by NADB through the massive open online course (MOOC) platform of the Word Bank.

San Antonio, Texas – Today, Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook.

Hermosillo, Sonora.- Today, the North American Development Bank (NADB) launched the first of five sessions of a webinar on climate change for staff at the Sonora State Water Commission (CEA). The opening session was presided over by Sergio Ávila Ceceña, Executive Director of the Commission, and NADB officers.

San Antonio, Texas – The Board of Directors for the Border Environment Cooperation Commission (BECC) and the North American Development Bank (NADB) held its semi-annual meeting and reviewed 2015 results for both institutions, which included the certification of 14 environmental infrastructure projects along the U.S.-Mexico border, representing a total estimated investment of more than US$833.6 million. Additionally, during the meeting, the Board approved a resolution doubling the capital of the Bank—US$450 in paid-in capital and the remainder in callable capital—subject to the legislative authorization processes of both countries.

San Antonio, Texas: The North American Development Bank (NADB) made an initial disbursement of US$1.8 million to Mercader Financial, S.A., SOFOM, E.R. (“Mercader”) to support its financing program for the purchase of low-emission vehicles manufactured by DINA Camiones S.A. de C.V.

Tecate, Baja California – A seminar on managing water resources under climate change conditions for water utilities and municipal public service departments began yesterday in Tecate, Baja California. The three-day seminar is being presented by the North American Development Bank (NADB) in coordination with the Latin American and Caribbean water center, Centro del Agua para América Latina y el Caribe (CDA), of the Monterrey Technological Institute (ITESM).

San Antonio, Texas - The Board of Directors of the North American Development Bank (NADB) and the Border Environment Cooperation Commission (BECC) has approved two-year contract extensions for NADB Managing Director Geronimo Gutierrez, NADB Deputy Managing Director Alex Hinojosa and BECC General Manager Maria Elena Giner.