News

San Antonio, TX – The North American Development Bank (NADB) and Buenavista Renewables (BVR) have signed a US$15.5 million loan agreement for construction of the Los Santos Solar I Park located in Ahumada, Chihuahua. The Overseas Private Investment Corporation (OPIC) is also providing senior debt in support of the project.

Tecate, Baja California, August 19, 2014. – The Governor of Baja California, Francisco Vega de la Madrid, along with Dr. Luis Videgaray, the Mexican Secretary of Finance and Public Credit, and Pedro Joaquín Coldwell, the Mexican Secretary of Energy, presided over the ribbon-cutting ceremony of the first U.S.-Mexico cross-border wind farm, which cost approximately US$300 million to build and is supplying energy to San Diego County, California.

Bisbee, Arizona – A ribbon-cutting ceremony was held today to mark the completion of the Tintown Sanitary Sewer Project. The North American Development Bank (NADB) has provided a US$1 million grant to partially fund the US$1.69 million project. This is the first time Tintown residents are receiving services from a dedicated and centralized sewer system.

Mercedes, Texas – A dedication ceremony was held today to mark the completion of the Anacuitas Aqueduct located along Expressway 83 in Mercedes. The North American Development Bank (NADB) provided a US$1.25 million grant to Hidalgo and Cameron Counties Irrigation District No. 9 (H&CCID No. 9) to partially fund the US$4.5 million project, while H&CCID No. 9 covered the rest of the financing with its own funds. The aqueduct conveys 388 million gallons of water per day from the Rio Grande River, up through the Delta area and over to Weslaco.

Chihuahua, Chihuahua – The North American Development Bank (NADB), in coordination with Latin American and Caribbean water center, Centro del Agua para América Latina y el Caribe (CDA), of the Monterrey Technological Institute (ITESM), will initiate a seminar tomorrow for municipal sanitation officers from communities throughout the state of Chihuahua.

Monterrey, Nuevo León. – Today, the North American Development Bank (NADB) launched a climate change webinar for water utility personnel in the metropolitan area of Monterrey, Nuevo Leon. 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. – The North American Development Bank (NADB) and the Camino Real Regional Utility Authority (CRRUA) signed an $8 million grant agreement to finance the construction of a new wastewater treatment plant (WWTP) that will serve the communities of Sunland Park and Santa Teresa, New Mexico.

Tijuana, B.C. – The Board of Directors of the North American Development Bank (NADB) and the Border Environment Cooperation Commission (BECC) approved the certification and financing of US$24.87 million for four new infrastructure projects in the U.S.-Mexico border region. The projects were approved at the Board’s semiannual meeting, held today in Tijuana, Baja California. In addition to these project approvals, advances were made on issues related to the integration of BECC and NADB into a single institution.

Monterrey, Nuevo Leon. – The North American Development Bank (NADB) and the Latin American and Caribbean Water Center, Centro del Agua para América Latina y el Caribe (CDA), in the School of Science and Engineering of the Monterrey Technological Institute (ITESM) will offer training in the areas of solid waste management and managing water resources under climate change conditions to water utility personnel and local government officials in Mexican border communities in 2015.

San Antonio, Texas. – The North American Development Bank (NADB) signed a US$3.0 million grant agreement with the local water utility, Comisión Estatal de Servicios Públicos de Tijuana (CESPT), to partially finance a project for the rehabilitation of sewer mains and residential sewer connections in Tijuana, Baja California.