San Antonio, Texas – The North American Development Bank (NADB) is providing a short-term loan for up to US$40 million for the construction of a 149-MW wind farm that is anticipated to generate approximately 570 GWh of electricity during the first year of operation, equivalent to the annual energy consumption of 50,327 households.
San Antonio, Texas- Fitch Ratings affirmed the ‘AA’ rating of the North American Development Bank (NADB) with a stable outlook. In its analysis, Fitch highlighted the Bank’s capital levels as 'excellent'. Other key factors included NADB’s maintenance of low credit risk exposure and a strong risk management framework, which keeps the operations within conservative limits for capital adequacy, borrowing and liquidity policy limits.
Tornillo, Texas – Alex Hinojosa, Deputy Managing Director of the North American Development Bank (NADB), presided over a ribbon-cutting ceremony to commemorate the completion of the Arsenic Treatment and Wastewater Collection project that is improving the quality of drinking water distributed to the residents of the community of Tornillo in El Paso County, Texas.
Piedras Negras, Coahuila. – In conjunction with the closing session of the climate change webinar sponsored by the North American Development Bank (NADB) for staff of the local water utility, Sistema Municipal de Agua y Saneamiento de Piedras Negras (SIMAS), the entire community was invited to attend a conference on “Addressing Environmental Challenges in Municipalities” at the José Vasconcelos Auditorium.a
Monterrey, Nuevo León – Today, a ceremony was held to celebrate the first group of graduates of the new diploma-level basic water utility management program offered by the North American Development Bank (NADB) and taught by the Latin American and Caribbean water center, Centro del Agua para América Latina y el Caribe (CDA), of the Monterrey Technological Institute (ITESM) in Monterrey, Nuevo Leon.
Piedras Negras, Coahuila. - Today, the North American Development Bank (NADB) launched the first of five climate change webinar sessions for staff of the local water utility, Sistema Municipal de Agua y Saneamiento de Piedras Negras (SIMAS). The opening session was presided over by SIMAS General Manager Arturo Garza and NADB representatives.
Saltillo, Coahuila – The North American Development Bank (NADB) signed a US$500,000 grant agreement with each of the waste management companies for Region Cinco Manantiales and the Central Region of Coahuila to finance the purchase of equipment to operate their respective regional sanitary landfills, which together will benefit more than 423,000 residents in 10 municipalities in northern Coahuila.
Holtville, California – The City of Holtville, California, celebrated the completion of work to rehabilitate and upgrade the city’s wastewater treatment plant, which will significantly improve the quality of the treated wastewater discharged to the Pear Drain, Alamo River and Salton Sea, considered impaired water bodies.
San Antonio, Texas – The Governor of Tamaulipas, Francisco Javier Cabeza de Vaca, met with the management of the North American Development Bank (NADB) to finalize a work plan developed jointly with the State Government, NADB and the Border Environment Cooperation Commission (BECC). The plan identifies infrastructure projects in the Tamaulipas border region that could potentially be developed and implemented jointly over the next few years.
Ciudad Juárez, Chihuahua – The North American Development Bank (NADB) and the Government of the State of Chihuahua signed a US$1.1 million grant agreement to finance the purchase of landfill equipment for the three municipalities of Ahumada, Nuevo Casas Grandes and Madera.