es

COFIDAN

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.

Origins

COFIDAN logoIn 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).

Operations

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.

Contact Info

Capricornio # 119
Colonia Prado Churubusco, C.P. 04230
Delegación Coyoacán
México, Distrito Federal
Tel.: 011 [52] 55 9000-3280
Fax: 011 [52] 55 5697-4958

Links

COFIDAN information at the “Buró de Entidades Financieras”

Buró de Entidades Financieras de México

Documents

Projects

To date, 60 projects have been financed through COFIDAN.

Certified Project Title Location Status
December 01, 2022 State of Baja California Water Utilities Sustainability Bond
Certified on December 01, 2022

State of Baja California Water Utilities Sustainability Bond

, Baja California, Mexico
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, 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

Refinancing of Existing Debt for Agua de Hermosillo in Sonora

Hermosillo, Sonora, Mexico
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Hermosillo, Sonora, Mexico Completed arrow_forward
May 14, 2015 Basic Urban Infrastructure Project in Playas de Rosarito, Baja California
Certified on May 14, 2015

Basic Urban Infrastructure Project in Playas de Rosarito, Baja California

Playas de Rosarito, Baja California, Mexico
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Playas de Rosarito, 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

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
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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

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
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Monterrey , Nuevo Leon, 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

Rehabilitation of Wastewater Collection Main Lines and Residential Wastewater Connections in Tijuana, Baja California

Tijuana, Baja California, Mexico
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Tijuana, Baja California, Mexico Completed arrow_forward
May 08, 2014 Expansion of the wastewater collection system in Avenidas B in San Luis Rio Colorado, Sonora
Certified on May 08, 2014

Expansion of the wastewater collection system in Avenidas B in San Luis Rio Colorado, Sonora

San Luis Rio Colorado, Sonora, Mexico
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San Luis Rio Colorado, Sonora, Mexico Completed arrow_forward
September 17, 2013 Street Paving and Rehabilitation Project San Luis Rio Colorado, Sonora
Certified on September 17, 2013

Street Paving and Rehabilitation Project San Luis Rio Colorado, Sonora

San Luis Rio Colorado, Sonora, Mexico
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San Luis Rio Colorado, Sonora, Mexico Completed arrow_forward
May 09, 2013 Basic Urban Infrastructure Project Hermosillo, Sonora
Certified on May 09, 2013

Basic Urban Infrastructure Project Hermosillo, Sonora

Hermosillo, Sonora, Mexico
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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

La Cuesta, Farallon and SEDUE-SAAS wastewater collection system improvements Tijuana, Baja California

Tijuana, Baja California, Mexico
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Tijuana, Baja California, Mexico Completed arrow_forward
July 17, 2012 Basic Environmental Infrastructure Project Nuevo Laredo, Tamaulipas
Certified on July 17, 2012

Basic Environmental Infrastructure Project Nuevo Laredo, Tamaulipas

Nuevo Laredo, Tamaulipas, Mexico
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Nuevo Laredo, Tamaulipas, 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

Improvements to the Water and Wastewater Systems and Construction of the West Wastewater Treatment Plant Matamoros, Tamaulipas

Matamoros, Tamaulipas, Mexico
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Matamoros, Tamaulipas, Mexico Completed arrow_forward
December 08, 2011 Municipal Paving Project in Mexicali, Baja California
Certified on December 08, 2011

Municipal Paving Project in Mexicali, Baja California

Mexicali, Baja California, Mexico
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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

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
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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

Expansion of the Wastewater Collection System for the Unserved Area of Colonia Alcatraces in Tijuana, Baja California

Tijuana, Baja California, Mexico
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Tijuana, Baja California, Mexico Completed arrow_forward
May 03, 2011 Comprehensive Paving Project in Hermosillo, Sonora
Certified on May 03, 2011

Comprehensive Paving Project in Hermosillo, Sonora

Hermosillo, Sonora, Mexico
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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

Construction of the La Morita Wastewater Treatment Plant in Tijuana, Baja California

Tijuana, Baja California, Mexico
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Tijuana, Baja California, Mexico Completed arrow_forward
November 29, 2010 Basic Environmental Infrastructure Program for Substandard Urban Developments in Nuevo Leon
Certified on November 29, 2010

Basic Environmental Infrastructure Program for Substandard Urban Developments in Nuevo Leon

Monterrey , Nuevo Leon, Mexico
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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

‘Los Alisos’ Wastewater Treatment and Conveyance Project in Nogales, Sonora

Nogales, Sonora, Mexico
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Nogales, Sonora, Mexico Completed arrow_forward
July 24, 2009 Air Quality Project located in Municipio de Tijuana, Baja California
Certified on July 24, 2009

Air Quality Project located in Municipio de Tijuana, Baja California

Tijuana, Baja California, Mexico
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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

Expansion of the Rosarito I Wastewater Treatment Plant in Playas de Rosarito, Baja California

Rosarito, Baja California, Mexico
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Rosarito, Baja California, Mexico Completed arrow_forward
July 21, 2009 Expansion of the Water and Wastewater Systems inTijuana and Playas de Rosarito, Baja California
Certified on July 21, 2009

Expansion of the Water and Wastewater Systems inTijuana and Playas de Rosarito, Baja California

Tijuana, Baja California, Mexico
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Tijuana, Baja California, Mexico Under construction arrow_forward
July 10, 2009 Nuevo Laredo,Tamps, Mex. Municipal Roadway system
Certified on July 10, 2009

Nuevo Laredo,Tamps, Mex. Municipal Roadway system

Nuevo Laredo, Tamaulipas, Mexico
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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

Air Quality and Street Paving Project in Nuevo Laredo, Tamaulipas

Nuevo Laredo, Tamaulipas, Mexico
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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

Expansion of the Wastewater Collection System for Areas in the Tijuana River Basin in Tijuana, Baja California

Tijuana, Baja California, Mexico
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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

Water Distribution and Wastewater Collection and Treatment Project in Rio Bravo and Nuevo Progreso, Tamaulipas

Rio Bravo, Tamaulipas, Mexico
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Rio Bravo, Tamaulipas, Mexico Completed arrow_forward
December 11, 2007 Solid Waste Project: Equipment for Nogales, Sonora
Certified on December 11, 2007

Solid Waste Project: Equipment for Nogales, Sonora

Nogales, Sonora, Mexico
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Nogales, Sonora, Mexico Completed arrow_forward
October 30, 2007 Air Quality and Paving Project in Naco, Sonora
Certified on October 30, 2007

Air Quality and Paving Project in Naco, Sonora

Naco, Sonora, Mexico
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Naco, Sonora, Mexico Completed arrow_forward
October 30, 2007 Metropolitan Road System in Playas de Rosarito, Baja California
Certified on October 30, 2007

Metropolitan Road System in Playas de Rosarito, Baja California

Playas de Rosarito, Baja California, Mexico
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Playas de Rosarito, 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

Wastewater Collection and Treatment Project (Mexicali IV) in Mexicali, Baja California

Mexicali, Baja California, Mexico
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Mexicali, Baja California, Mexico Completed arrow_forward
September 28, 2007 Wastewater Collection and Treatment Project in Praxedis G. Guerrero, Chihuahua
Certified on September 28, 2007

Wastewater Collection and Treatment Project in Praxedis G. Guerrero, Chihuahua

Praxedis G. Guerrero , Chihuahua, Mexico
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Praxedis G. Guerrero , Chihuahua, Mexico Completed arrow_forward
September 28, 2007 Wastewater Collection and Treatment Project in El Porvenir, Chihuahua
Certified on September 28, 2007

Wastewater Collection and Treatment Project in El Porvenir, Chihuahua

El Porvenir, Mpo. de Praxedis G. Guerrero, Chihuahua, Mexico
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El Porvenir, Mpo. de Praxedis G. Guerrero, Chihuahua, Mexico Completed arrow_forward
July 30, 2007 Wastewater Collection and Treatment Project in Guadalupe, Chihuahua
Certified on July 30, 2007

Wastewater Collection and Treatment Project in Guadalupe, Chihuahua

Guadalupe, D.B., Chihuahua, Mexico
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Guadalupe, D.B., Chihuahua, Mexico Completed arrow_forward
July 30, 2007 Wastewater Collection and Treatment Project in Porfirio Parra, Chihuahua
Certified on July 30, 2007

Wastewater Collection and Treatment Project in Porfirio Parra, Chihuahua

Doctor Porfirio Parra, Mpo. de Guadalupe Distrito Bravo, Chihuahua, Mexico
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Doctor Porfirio Parra, Mpo. de Guadalupe Distrito Bravo, Chihuahua, Mexico Completed arrow_forward
October 26, 2006 Wastewater Collection, Treatment, and Reuse Project for Colonia Anapra in Juarez, Chihuahua
Certified on October 26, 2006

Wastewater Collection, Treatment, and Reuse Project for Colonia Anapra in Juarez, Chihuahua

Cd. Juárez, Chihuahua, Mexico
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Cd. Juárez, Chihuahua, Mexico Completed arrow_forward
June 21, 2006 Treated Wastewater Distribution Network Expansion Project in Monterrey, Nuevo Leon
Certified on June 21, 2006

Treated Wastewater Distribution Network Expansion Project in Monterrey, Nuevo Leon

Monterrey , Nuevo Leon, Mexico
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Monterrey , Nuevo Leon, Mexico Completed arrow_forward
June 21, 2006 Solid Waste Collection Equipment Project in Tijuana, Baja California
Certified on June 21, 2006

Solid Waste Collection Equipment Project in Tijuana, Baja California

Tijuana, Baja California, Mexico
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Tijuana, Baja California, Mexico Completed arrow_forward
June 21, 2006 Comprehensive Storm Sewer Project in Nuevo Laredo, Tamaulipas
Certified on June 21, 2006

Comprehensive Storm Sewer Project in Nuevo Laredo, Tamaulipas

Nuevo Laredo, Tamaulipas, Mexico
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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

Air Quality and Street Paving Project in Puerto Peñasco, Sonora

Puerto Penasco, Sonora, Mexico
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Puerto Penasco, Sonora, Mexico Completed arrow_forward
July 30, 2004 Project for Air Quality Improvement through Street Paving in Nogales, Sonora
Certified on July 30, 2004

Project for Air Quality Improvement through Street Paving in Nogales, Sonora

Nogales, Sonora, Mexico
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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

Improvements to the Water, Wastewater Collection and Treatment Systems in Nuevo Laredo,Tamaulipas

Nuevo Laredo, Tamaulipas, Mexico
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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

Comprehensive Water and Wastewater Project for the City of Matamoros, Tamaulipas

Matamoros, Tamaulipas, Mexico
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Matamoros, Tamaulipas, Mexico Completed arrow_forward
December 17, 2002 Air Quality Improvement in Agua Prieta, Sonora
Certified on December 17, 2002

Air Quality Improvement in Agua Prieta, Sonora

Agua Prieta, Sonora, Mexico
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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

Improvements to the Wastewater Collection and Treatment Systems and Construction of a Wastewater Treatment Plant in Ojinaga, Chihuahua

Ojinaga, Chihuahua, Mexico
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Ojinaga, Chihuahua, 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

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
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San Luis Rio Colorado, Sonora, Mexico Completed arrow_forward
October 16, 2001 Wastewater Collection System Rehabilitation and Improvements Project Tijuana, Baja California
Certified on October 16, 2001

Wastewater Collection System Rehabilitation and Improvements Project Tijuana, Baja California

Tijuana, Baja California, Mexico
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Tijuana, Baja California, 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

Improvement and Expansion of the Water and Wastewater Systems for Tecate, Baja California

Tecate, Baja California, Mexico
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Tecate, Baja California, 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

Construction of a Wastewater Treatment Plant and Rehabilitation of the Wastewater Collection System San Luis Río Colorado,Sonora

San Luis Rio Colorado, Sonora, Mexico
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San Luis Rio Colorado, Sonora, Mexico Completed arrow_forward
March 24, 2000 Comprehensive Sewerage Collection and Treatment Systems Project for Ciudad Acuña, Coahuila
Certified on March 24, 2000

Comprehensive Sewerage Collection and Treatment Systems Project for Ciudad Acuña, Coahuila

Cd. Acuna, Coahuila, Mexico
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Cd. Acuna, Coahuila, Mexico Completed arrow_forward
March 24, 2000 Comprehensive Sewerage Collection and Treatment Systems Project in Piedras Negras, Coahuila
Certified on March 24, 2000

Comprehensive Sewerage Collection and Treatment Systems Project in Piedras Negras, Coahuila

Piedras Negras, Coahuila, Mexico
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Piedras Negras, Coahuila, Mexico Completed arrow_forward
March 31, 1998 Comprehensive Sanitation Project for the city of Reynosa, Tamaulipas
Certified on March 31, 1998

Comprehensive Sanitation Project for the city of Reynosa, Tamaulipas

Reynosa, Tamaulipas, Mexico
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Reynosa, Tamaulipas, Mexico Completed arrow_forward
June 18, 1997 Parallel Conveyance System for the City of Tijuana, Baja California
Certified on June 18, 1997

Parallel Conveyance System for the City of Tijuana, Baja California

Tijuana, Baja California, Mexico
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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

Comprehensive Municipal Solid Waste Collection and Final Disposal Project for Agua Prieta, Sonora

Agua Prieta, Sonora, Mexico
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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

Comprehensive Project for Collection and Final Disposal of Municipal Solid Waste in Puerto Peñasco, Sonora

Puerto Penasco, Sonora, Mexico
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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

Water Supply, Wastewater Collection and Treatment Project for Naco, Sonora

Naco, Sonora, Mexico
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Naco, Sonora, Mexico Completed arrow_forward
January 18, 1996 Water Supply and Distribution Project (Phase I) in Nogales, Sonora
Certified on January 18, 1996

Water Supply and Distribution Project (Phase I) in Nogales, Sonora

Nogales, Sonora, Mexico
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Nogales, Sonora, Mexico Completed arrow_forward