COFIDAN is a Mexican company established by NADBank to make loans in the environmental infrastructure sector to Mexican states and municipalities and their government-run agencies and institutions, as well as to private companies, for projects and programs that have been duly approved by the NADBank Board of Directors.
In light of Article 117, Section VIII, of the Mexican Constitution, the Mexican Ministry of Finance and Public Credit (SHCP) determined that creating a financial institution would be the best mechanism for channeling NADBank loans to state and local public entities in Mexico. Therefore, on October 15, 1998, the Corporación Financiera de América del Norte, S.A. de C.V. SOFOL (COFIDAN) was legally incorporated in Mexico. Unlike NADBank, which is an international organization, COFIDAN is a Mexican company.
By a decision of its shareholders, on October 20, 2006, COFIDAN became a non-regulated, multipurpose financial institution—known by its Mexican acronym as a “SOFOM”—which allowed it to continue carrying out its mandate while streamlining its administrative processes and requirements. Consequently, as of the above date, the company’s name was modified to Corporación Financiera de América del Norte, S.A. de C.V. SOFOM E.N.R. (COFIDAN).
COFIDAN’s management and administration is entrusted to a Board of Directors composed of NADBank officers.
COFIDAN and NADBank work in coordination during the project development process. Once the NADBank Board of Directors authorizes a loan for a project sponsored by a Mexican state or municipal government or other local public entity, the funds are channeled through COFIDAN, which enters into a loan agreement with the project sponsor. COFIDAN and NADBank also work together during the disbursement and repayment phases of the loan, supervising the proper use of the funds.
Capricornio # 119
Colonia Prado Churubusco, C.P. 04230
Alcaldía Coyoacán
Ciudad de México
Tel.: 011 [52] 55 9000-3280
Fax: 011 [52] 55 5697-4958
COFIDAN information at the “Buró de Entidades Financieras”
Buró de Entidades Financieras de México
To date, 60 projects have been financed through COFIDAN.
Certified | Project Title | Location | Status | |
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December 01, 2022 |
State of Baja California Water Utilities Sustainability Bond
Certified on
December 01, 2022
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State of Baja California Water Utilities Sustainability Bond , Baja California, Mexico |
Under construction | arrow_forward | |
November 12, 2020 |
Refinancing of Existing Debt for Agua de Hermosillo in Sonora
Certified on
November 12, 2020
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Refinancing of Existing Debt for Agua de Hermosillo in Sonora Hermosillo, Sonora, Mexico |
Completed | arrow_forward | |
May 14, 2015 |
Basic Urban Infrastructure Project in Playas de Rosarito, Baja California
Certified on
May 14, 2015
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Basic Urban Infrastructure Project in Playas de Rosarito, Baja California Playas de Rosarito, Baja California, Mexico |
Completed | arrow_forward | |
December 03, 2014 |
Rehabilitation of Wastewater Collection Main Lines and Residential Wastewater Connections in Tijuana, Baja California
Certified on
December 03, 2014
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Rehabilitation of Wastewater Collection Main Lines and Residential Wastewater Connections in Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
December 03, 2014 |
Infrastructure Program for the State of Nuevo Leon: Modernization and Improvements to Don Martin Irrigation District 004 in Anahuac, Nuevo Leon
Certified on
December 03, 2014
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Infrastructure Program for the State of Nuevo Leon: Modernization and Improvements to Don Martin Irrigation District 004 in Anahuac, Nuevo Leon Don Martin Irrigation District No. 004, Nuevo Leon, Mexico |
Completed | arrow_forward | |
December 03, 2014 |
Infrastructure Program for the State of Nuevo Leon: Air Quality Improvements through Street Paving for the Monterrey Metropolitan Area in Nuevo Leon
Certified on
December 03, 2014
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Infrastructure Program for the State of Nuevo Leon: Air Quality Improvements through Street Paving for the Monterrey Metropolitan Area in Nuevo Leon Monterrey , Nuevo Leon, Mexico |
Completed | arrow_forward | |
September 17, 2013 |
Street Paving and Rehabilitation Project San Luis Rio Colorado, Sonora
Certified on
September 17, 2013
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Street Paving and Rehabilitation Project San Luis Rio Colorado, Sonora San Luis Rio Colorado, Sonora, Mexico |
Completed | arrow_forward | |
May 09, 2013 |
Basic Urban Infrastructure Project Hermosillo, Sonora
Certified on
May 09, 2013
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Basic Urban Infrastructure Project Hermosillo, Sonora Hermosillo, Sonora, Mexico |
Completed | arrow_forward | |
October 26, 2012 |
La Cuesta, Farallon and SEDUE-SAAS wastewater collection system improvements Tijuana, Baja California
Certified on
October 26, 2012
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La Cuesta, Farallon and SEDUE-SAAS wastewater collection system improvements Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
July 17, 2012 |
Improvements to the Water and Wastewater Systems and Construction of the West Wastewater Treatment Plant Matamoros, Tamaulipas
Certified on
July 17, 2012
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Improvements to the Water and Wastewater Systems and Construction of the West Wastewater Treatment Plant Matamoros, Tamaulipas Matamoros, Tamaulipas, Mexico |
Completed | arrow_forward | |
July 17, 2012 |
Basic Environmental Infrastructure Project Nuevo Laredo, Tamaulipas
Certified on
July 17, 2012
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Basic Environmental Infrastructure Project Nuevo Laredo, Tamaulipas Nuevo Laredo, Tamaulipas, Mexico |
Completed | arrow_forward | |
December 08, 2011 |
Municipal Paving Project in Mexicali, Baja California
Certified on
December 08, 2011
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Municipal Paving Project in Mexicali, Baja California Mexicali, Baja California, Mexico |
Completed | arrow_forward | |
May 20, 2011 |
Expansion of the Wastewater Collection System for the Unserved Area of Ejido Plan Libertador and Ampliacion in Playas de Rosarito, Baja California
Certified on
May 20, 2011
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Expansion of the Wastewater Collection System for the Unserved Area of Ejido Plan Libertador and Ampliacion in Playas de Rosarito, Baja California Rosarito, Baja California, Mexico |
Completed | arrow_forward | |
May 20, 2011 |
Expansion of the Wastewater Collection System for the Unserved Area of Colonia Alcatraces in Tijuana, Baja California
Certified on
May 20, 2011
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Expansion of the Wastewater Collection System for the Unserved Area of Colonia Alcatraces in Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
May 03, 2011 |
Comprehensive Paving Project in Hermosillo, Sonora
Certified on
May 03, 2011
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Comprehensive Paving Project in Hermosillo, Sonora Hermosillo, Sonora, Mexico |
Completed | arrow_forward | |
February 02, 2011 |
Construction of the La Morita Wastewater Treatment Plant in Tijuana, Baja California
Certified on
February 02, 2011
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Construction of the La Morita Wastewater Treatment Plant in Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
February 02, 2011 |
Construction of the Tecolote-La Gloria Wastewater Treatment Plant in Tijuana, Baja California
Certified on
February 02, 2011
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Construction of the Tecolote-La Gloria Wastewater Treatment Plant in Tijuana, Baja California Tijuana, Baja California, Mexico |
Under construction | arrow_forward | |
November 29, 2010 |
Basic Environmental Infrastructure Program for Substandard Urban Developments in Nuevo Leon
Certified on
November 29, 2010
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Basic Environmental Infrastructure Program for Substandard Urban Developments in Nuevo Leon Monterrey , Nuevo Leon, Mexico |
Completed | arrow_forward | |
October 01, 2010 |
‘Los Alisos’ Wastewater Treatment and Conveyance Project in Nogales, Sonora
Certified on
October 01, 2010
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‘Los Alisos’ Wastewater Treatment and Conveyance Project in Nogales, Sonora Nogales, Sonora, Mexico |
Completed | arrow_forward | |
July 24, 2009 |
Comprehensive Road Rehabilitation Project in Tijuana, Baja California
Certified on
July 24, 2009
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Comprehensive Road Rehabilitation Project in Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
July 21, 2009 |
Expansion of the Rosarito I Wastewater Treatment Plant in Playas de Rosarito, Baja California
Certified on
July 21, 2009
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Expansion of the Rosarito I Wastewater Treatment Plant in Playas de Rosarito, Baja California Rosarito, Baja California, Mexico |
Completed | arrow_forward | |
July 21, 2009 |
Expansion of the Water and Wastewater Systems in Tijuana and Playas de Rosarito, Baja California
Certified on
July 21, 2009
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Expansion of the Water and Wastewater Systems in Tijuana and Playas de Rosarito, Baja California Tijuana, Baja California, Mexico |
Under construction | arrow_forward | |
July 10, 2009 |
Roadway System and Air Quality Improvements Project in Nuevo Laredo, Tamaulipas
Certified on
July 10, 2009
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Roadway System and Air Quality Improvements Project in Nuevo Laredo, Tamaulipas Nuevo Laredo, Tamaulipas, Mexico |
Completed | arrow_forward | |
December 19, 2008 |
Air Quality and Street Paving Project in Nuevo Laredo, Tamaulipas
Certified on
December 19, 2008
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Air Quality and Street Paving Project in Nuevo Laredo, Tamaulipas Nuevo Laredo, Tamaulipas, Mexico |
Completed | arrow_forward | |
November 28, 2008 |
Expansion of the Wastewater Collection System for Areas in the Tijuana River Basin in Tijuana, Baja California
Certified on
November 28, 2008
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Expansion of the Wastewater Collection System for Areas in the Tijuana River Basin in Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
May 12, 2008 |
Water Distribution and Wastewater Collection and Treatment Project in Rio Bravo and Nuevo Progreso, Tamaulipas
Certified on
May 12, 2008
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Water Distribution and Wastewater Collection and Treatment Project in Rio Bravo and Nuevo Progreso, Tamaulipas Rio Bravo, Tamaulipas, Mexico |
Completed | arrow_forward | |
December 11, 2007 |
Solid Waste Project: Equipment for Nogales, Sonora
Certified on
December 11, 2007
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Solid Waste Project: Equipment for Nogales, Sonora Nogales, Sonora, Mexico |
Completed | arrow_forward | |
October 30, 2007 |
Metropolitan Road System in Playas de Rosarito, Baja California
Certified on
October 30, 2007
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Metropolitan Road System in Playas de Rosarito, Baja California Playas de Rosarito, Baja California, Mexico |
Completed | arrow_forward | |
October 30, 2007 |
Water and Wastewater Collection Project in Tecate, Baja California
Certified on
October 30, 2007
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Water and Wastewater Collection Project in Tecate, Baja California Tecate, Baja California, Mexico |
Completed | arrow_forward | |
October 30, 2007 |
Wastewater Collection and Treatment Project (Mexicali IV) in Mexicali, Baja California
Certified on
October 30, 2007
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Wastewater Collection and Treatment Project (Mexicali IV) in Mexicali, Baja California Mexicali, Baja California, Mexico |
Completed | arrow_forward | |
October 30, 2007 |
Air Quality and Paving Project in Naco, Sonora
Certified on
October 30, 2007
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Air Quality and Paving Project in Naco, Sonora Naco, Sonora, Mexico |
Completed | arrow_forward | |
September 28, 2007 |
Wastewater Collection and Treatment Project in El Porvenir, Chihuahua
Certified on
September 28, 2007
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Wastewater Collection and Treatment Project in El Porvenir, Chihuahua El Porvenir, Mpo. de Praxedis G. Guerrero, Chihuahua, Mexico |
Completed | arrow_forward | |
September 28, 2007 |
Wastewater Collection and Treatment Project in Praxedis G. Guerrero, Chihuahua
Certified on
September 28, 2007
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Wastewater Collection and Treatment Project in Praxedis G. Guerrero, Chihuahua Praxedis G. Guerrero , Chihuahua, Mexico |
Completed | arrow_forward | |
July 30, 2007 |
Wastewater Collection and Treatment Project in Porfirio Parra, Chihuahua
Certified on
July 30, 2007
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Wastewater Collection and Treatment Project in Porfirio Parra, Chihuahua Doctor Porfirio Parra, Mpo. de Guadalupe Distrito Bravo, Chihuahua, Mexico |
Completed | arrow_forward | |
July 30, 2007 |
Wastewater Collection and Treatment Project in Guadalupe, Chihuahua
Certified on
July 30, 2007
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Wastewater Collection and Treatment Project in Guadalupe, Chihuahua Guadalupe, D.B., Chihuahua, Mexico |
Completed | arrow_forward | |
July 30, 2007 |
Expansion of the Wastewater Collection and Treatment System in San Luis Río Colorado, Sonora
Certified on
July 30, 2007
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Expansion of the Wastewater Collection and Treatment System in San Luis Río Colorado, Sonora San Luis Rio Colorado, Sonora, Mexico |
Completed | arrow_forward | |
October 26, 2006 |
Improvements to the Water and Wastewater Systems in Playas de Rosarito, Baja California
Certified on
October 26, 2006
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Improvements to the Water and Wastewater Systems in Playas de Rosarito, Baja California Playas de Rosarito, Baja California, Mexico |
Completed | arrow_forward | |
October 26, 2006 |
Wastewater Collection, Treatment, and Reuse Project for Colonia Anapra in Juarez, Chihuahua
Certified on
October 26, 2006
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Wastewater Collection, Treatment, and Reuse Project for Colonia Anapra in Juarez, Chihuahua Cd. Juárez, Chihuahua, Mexico |
Completed | arrow_forward | |
June 21, 2006 |
Comprehensive Storm Sewer Project in Nuevo Laredo, Tamaulipas
Certified on
June 21, 2006
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Comprehensive Storm Sewer Project in Nuevo Laredo, Tamaulipas Nuevo Laredo, Tamaulipas, Mexico |
Completed | arrow_forward | |
June 21, 2006 |
Air Quality and Street Paving Project in Puerto Peñasco, Sonora
Certified on
June 21, 2006
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Air Quality and Street Paving Project in Puerto Peñasco, Sonora Puerto Penasco, Sonora, Mexico |
Completed | arrow_forward | |
June 21, 2006 |
Treated Wastewater Distribution Network Expansion Project in Monterrey, Nuevo Leon
Certified on
June 21, 2006
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Treated Wastewater Distribution Network Expansion Project in Monterrey, Nuevo Leon Monterrey , Nuevo Leon, Mexico |
Completed | arrow_forward | |
June 21, 2006 |
Solid Waste Collection Equipment Project in Tijuana, Baja California
Certified on
June 21, 2006
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Solid Waste Collection Equipment Project in Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
July 30, 2004 |
Project for Air Quality Improvement through Street Paving in Nogales, Sonora
Certified on
July 30, 2004
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Project for Air Quality Improvement through Street Paving in Nogales, Sonora Nogales, Sonora, Mexico |
Completed | arrow_forward | |
July 30, 2004 |
Improvements to the Water, Wastewater Collection and Treatment Systems in Nuevo Laredo,Tamaulipas
Certified on
July 30, 2004
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Improvements to the Water, Wastewater Collection and Treatment Systems in Nuevo Laredo,Tamaulipas Nuevo Laredo, Tamaulipas, Mexico |
Completed | arrow_forward | |
June 19, 2003 |
Comprehensive Water and Wastewater Project for the City of Matamoros, Tamaulipas
Certified on
June 19, 2003
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Comprehensive Water and Wastewater Project for the City of Matamoros, Tamaulipas Matamoros, Tamaulipas, Mexico |
Completed | arrow_forward | |
April 03, 2003 |
Paving and Air Quality Project for the State of Baja California
Certified on
April 03, 2003
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Paving and Air Quality Project for the State of Baja California , Baja California, Mexico |
Completed | arrow_forward | |
December 17, 2002 |
Air Quality Improvement in Agua Prieta, Sonora
Certified on
December 17, 2002
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Air Quality Improvement in Agua Prieta, Sonora Agua Prieta, Sonora, Mexico |
Completed | arrow_forward | |
September 25, 2002 |
Improvements to the Wastewater Collection and Treatment Systems and Construction of a Wastewater Treatment Plant in Ojinaga, Chihuahua
Certified on
September 25, 2002
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Improvements to the Wastewater Collection and Treatment Systems and Construction of a Wastewater Treatment Plant in Ojinaga, Chihuahua Ojinaga, Chihuahua, Mexico |
Completed | arrow_forward | |
October 16, 2001 |
Wastewater Collection System Rehabilitation and Improvements Project Tijuana, Baja California
Certified on
October 16, 2001
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Wastewater Collection System Rehabilitation and Improvements Project Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
October 16, 2001 |
Construction of a Sanitary Landfill, Closing of Current Dumpsite, and Improvements to the Municipal Solid Waste Services in San Luis Rio Colorado, Sonora
Certified on
October 16, 2001
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Construction of a Sanitary Landfill, Closing of Current Dumpsite, and Improvements to the Municipal Solid Waste Services in San Luis Rio Colorado, Sonora San Luis Rio Colorado, Sonora, Mexico |
Completed | arrow_forward | |
June 22, 2000 |
Construction of a Wastewater Treatment Plant and Rehabilitation of the Wastewater Collection System San Luis Río Colorado,Sonora
Certified on
June 22, 2000
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Construction of a Wastewater Treatment Plant and Rehabilitation of the Wastewater Collection System San Luis Río Colorado,Sonora San Luis Rio Colorado, Sonora, Mexico |
Completed | arrow_forward | |
June 22, 2000 |
Improvement and Expansion of the Water and Wastewater Systems for Tecate, Baja California
Certified on
June 22, 2000
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Improvement and Expansion of the Water and Wastewater Systems for Tecate, Baja California Tecate, Baja California, Mexico |
Completed | arrow_forward | |
March 24, 2000 |
Comprehensive Sewerage Collection and Treatment Systems Project in Piedras Negras, Coahuila
Certified on
March 24, 2000
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Comprehensive Sewerage Collection and Treatment Systems Project in Piedras Negras, Coahuila Piedras Negras, Coahuila, Mexico |
Completed | arrow_forward | |
March 24, 2000 |
Comprehensive Sewerage Collection and Treatment Systems Project for Ciudad Acuña, Coahuila
Certified on
March 24, 2000
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Comprehensive Sewerage Collection and Treatment Systems Project for Ciudad Acuña, Coahuila Cd. Acuna, Coahuila, Mexico |
Completed | arrow_forward | |
March 31, 1998 |
Comprehensive Sanitation Project for the city of Reynosa, Tamaulipas
Certified on
March 31, 1998
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Comprehensive Sanitation Project for the city of Reynosa, Tamaulipas Reynosa, Tamaulipas, Mexico |
Completed | arrow_forward | |
June 18, 1997 |
Parallel Conveyance System for the City of Tijuana, Baja California
Certified on
June 18, 1997
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Parallel Conveyance System for the City of Tijuana, Baja California Tijuana, Baja California, Mexico |
Completed | arrow_forward | |
November 09, 1996 |
Comprehensive Municipal Solid Waste Collection and Final Disposal Project for Agua Prieta, Sonora
Certified on
November 09, 1996
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Comprehensive Municipal Solid Waste Collection and Final Disposal Project for Agua Prieta, Sonora Agua Prieta, Sonora, Mexico |
Completed | arrow_forward | |
November 09, 1996 |
Comprehensive Project for Collection and Final Disposal of Municipal Solid Waste in Puerto Peñasco, Sonora
Certified on
November 09, 1996
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Comprehensive Project for Collection and Final Disposal of Municipal Solid Waste in Puerto Peñasco, Sonora Puerto Penasco, Sonora, Mexico |
Completed | arrow_forward | |
April 30, 1996 |
Water Supply, Wastewater Collection and Treatment Project for Naco, Sonora
Certified on
April 30, 1996
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Water Supply, Wastewater Collection and Treatment Project for Naco, Sonora Naco, Sonora, Mexico |
Completed | arrow_forward | |
January 18, 1996 |
Water Supply and Distribution Project (Phase I) in Nogales, Sonora
Certified on
January 18, 1996
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Water Supply and Distribution Project (Phase I) in Nogales, Sonora Nogales, Sonora, Mexico |
Completed | arrow_forward |