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News

April 15, 2014

Two new wind farms in Nuevo Leon, Mexico, to be funded by the North American Development Bank

General Bravo, Nuevo Leon – The North American Development Bank (NADB) announces that it has begun disbursement of two loans totaling US$140 million for the construction of two wind farms, Ventika and Ventika II, with a total nominal capacity of 252 MW, sponsored by Cemex, S.A. de C.V. through its subsidiary TEG Energía, S.A. de C.V., and by Fisterra Energy, S.L.U. a private equity fund owned by the Blackstone Group. The energy produced will supply facilities belonging to FEMSA, DEACERO, Tecnológico de Monterrey and CEMEX.

February 27, 2014

Work completed on water system improvements in Anthony, New Mexico

Anthony, New Mexico – This afternoon a ribbon-cutting ceremony was held to mark completion of the water system improvements that will provide a reliable and sustainable water supply for residents in Anthony, New Mexico.

February 13, 2014

Davis-Monthan Air Force Base celebrates completion of a 16-MW solar plant

NADB is providing a loan for up to US$35 million for its construction

Tucson, AZ. – Davis-Monthan Air Force Base (DMAFB), SunEdison LLC, Tucson Electric Power Company (TEP) and the North American Development Bank (NADB) celebrated a ribbon-cutting ceremony this morning for the completion of the 16-megawatt (DC) solar park located at the base, southeast of the city of Tucson, Arizona